Analyst claims 99.9% of holders would sell XRP before $10,000 target

Jake Community XRP, a prominent commentator in the XRP community, has outlined how XRP holders might react if the cryptocurrency attains significantly higher prices in the future. Sharing insights in a recent update on X, he addressed community predictions about XRP reaching extreme price milestones.

Holder behavior at major price milestones

Jake Community XRP suggested that most XRP holders would sell well before the asset reaches ultra-high valuations. He estimated that 90% of current holders would exit their entire positions once the price hits $10 per coin. According to his scenario, another 9% would sell at $100, leaving just 0.9% holding out for $1,000.

At the hypothetical $10,000 level, he claimed that only 0.1% of original holders would remain. These predictions were accompanied by a video discussing long-term strategies and community psychology related to XRP price action.

Jake Community XRP has argued that “XRP could never reach $10,000 because powerful interests would not allow ordinary people to become millionaires that easily.” He stated that most would sell at early milestones, with almost all investors exiting before $10,000 is reached.

In the video, he questioned the common approach of converting digital assets like XRP into U.S. dollars at specific price targets, especially as market excitement grows around potential high valuations.

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Video focus: XRP as future collateral

The speaker elaborated on the possibility of XRP reaching $100,000 per coin, using an example of a holder with 10,000 XRP. At this price, the coins would be valued at $1 billion. He suggested that instead of liquidating holdings for dollars, investors should consider using XRP as collateral in the emerging digital financial system.

The argument centered on the assertion that the dollar is losing stability and may no longer serve as an optimal store of value. By leveraging XRP as collateral, holders could potentially secure loans or invest in real estate while maintaining their exposure to the cryptocurrency itself. This strategy, the speaker claimed, would provide financial flexibility without the need to sell the underlying asset, allowing users to benefit from any further appreciation.

Mini dictionary: Collateral – In finance, collateral is an asset pledged by a borrower to secure a loan or credit, reducing the lender’s risk. If the borrower defaults, the lender may seize the collateral to recover the loan amount.

Community reactions and economic feasibility

Members of the XRP community expressed skepticism toward the $10,000 price projection. Lofi Digital Art argued that XRP cannot be equated with Bitcoin and maintained that extreme price growth would be impossible without significant reductions in available supply, such as large-scale token burns.

Another community member, Marra, pushed back on the optimistic outlook, forecasting that XRP could reach only $5 by spring 2029. Marra challenged the mathematical validity of a $1,000 valuation for XRP, labeling such high predictions as misinformation.

One commentator calculated that reaching $10,000 for each XRP token would require a market capitalization of about $550 trillion based on the current circulating supply of roughly 55 billion coins. If calculated using the maximum possible supply of 100 billion, the market value would hit $1 quadrillion.

*Assumes 55 billion circulating supply.

The debate underlines deep divisions regarding XRP’s potential valuation and the strategies holders should consider. While some envision new financial opportunities tied to future digital systems, others maintain that the economics of such high prices are not grounded in reality.