Dom Kwok, co-founder of the blockchain education platform EasyA, sparked significant discussion in the crypto community after claiming that $1,000 for XRP is “more likely than ever.” Although Kwok did not mention XRP explicitly in his social media post, his established reputation for strongly backing XRP made the intended reference apparent to many observers.
Kwok’s conviction on XRP’s future
Kwok has routinely predicted that XRP, the cryptocurrency developed by Ripple, could reach $1,000 by 2030. In his latest post, he reiterated this view, stating that the prospect is “more likely than ever.” The message attracted hundreds of thousands of views and garnered widespread reactions from XRP holders and traders.
Earlier this year, Kwok commented on reports that Goldman Sachs had accumulated over $150 million in XRP-backed exchange-traded funds. With a previous career at Goldman Sachs, Kwok’s background lent credibility among some investors. In March, he responded to the institution’s ETF holdings by remarking, “No such thing as a coincidence,” reinforcing his belief in XRP’s long-term potential.
Kwok has also argued that entry price is irrelevant for those who share his ambitious target, emphasizing a long-term conviction in XRP rather than focusing on short-term price movements.
XRP’s performance in late August briefly fueled optimism behind his projection, as the cryptocurrency jumped from close to $0.99 to a peak of $1.68, gaining more than 50% in less than two days. Following this rally, Kwok suggested that “the most hated rally is about to begin,” maintaining that his long-term outlook for XRP has not changed.
Kwok’s posts about XRP price targets have drawn both enthusiasm and skepticism, with the community closely following his predictions and market calls.
Mini dictionary: EasyA, a blockchain-focused educational app and community platform, aims to lower barriers to learning about cryptocurrencies, smart contracts, and Web3 development.
Mixed reactions from the crypto community
Responses to Kwok’s latest statement ranged from support to outright skepticism. Some XRP holders stated that his comments inspired them to add further to their positions, while others speculated that the price could potentially climb even beyond the $1,000 target.
Not all community members shared Kwok’s optimism. A number of commentators questioned the logic behind the $1,000 goal, raising concerns about the feasibility of such a dramatic price increase within the given time frame. Others cited current market cap calculations or suggested more modest targets, such as $3 to $4, would be more realistic, with $20 already appearing as a stretch for XRP.
Several users urged Kwok to maintain his credibility, warning against setting unrealistic targets and drawing comparisons to other influencers who made exaggerated claims that did not materialize.
Ongoing debate on price targets
Kwok’s advocacy for a $1,000 XRP has become a focal point in ongoing debates within the crypto community, with reactions highlighting the divide between long-term holders and skeptics. While supporters welcome bold predictions as motivating, others highlight the importance of careful analysis and caution regarding price forecasts for digital assets.
One user suggested that while $1,000 remains a remote possibility, seeing $3 or $4 would already be a significant milestone for the token in today’s market conditions.
No significant change in Kwok’s public stance on XRP’s long-term potential has been observed, and his recent post indicates that he remains confident about his vision for the asset as 2030 approaches.
