CryptoGuard COO Matthew Brienen Predicts XRP Could Skyrocket to $1,000 Within a Decade

Matthew Brienen, COO of CryptoGuard, has voiced strong confidence in XRP’s future, boldly predicting that the cryptocurrency could soar to a staggering $1,000. Brienen shared his views during the debut episode of the "Ask Matty Show," showcasing his deep conviction in the fourth-largest cryptocurrency by market cap.

During the interview, Brienen offered a rare glimpse into his crypto strategy, revealing that XRP makes up 50% of his investment portfolio, though he chose not to disclose the exact amount he holds. He mentioned that he has been steadily accumulating XRP since 2020, employing a dollar-cost averaging (DCA) strategy to navigate market volatility and optimize his entry price over time.

Matthew Brienen’s Vision for XRP

Brienen outlined both short- and long-term strategies for his XRP holdings. Over the next few years, he plans to sell a significant portion to capitalize on potential gains during the 2024-2025 bull market. However, he also emphasized his commitment to holding a portion of his XRP for the next 5 to 10 years, betting on the asset’s growing utility in cross-border payments to fuel its long-term value.

Highlighting XRP’s strength in the remittance sector, Brienen praised the network’s ability to settle transactions in under five seconds, with transaction fees costing just a fraction of a cent a major advantage in the global payments space.

XRP Price Predictions: $100 to $1,000 by 2035?

Building on his optimism, Brienen projected that XRP could climb to between $100 and $1,000 within the next 10 years.

Given XRP’s current price of around $2.05, achieving these milestones would require monumental growth, a 4,778% increase to hit $100, and a 48,680% surge to reach $1,000.

To put it in perspective:

• A 5,000 XRP portfolio today, valued at roughly $10,250, would skyrocket to $500,000 if XRP reaches $100.
• If XRP hits $1,000, the same portfolio would be worth an astonishing $5 million.

While these targets are undeniably ambitious, Brienen emphasized that such a surge is within the realm of possibility, especially if XRP's role in global finance continues to expand. At a $100 price point, XRP’s market cap would balloon to approximately $5.84 trillion. If XRP were to hit $1,000, its market cap could skyrocket to an unprecedented $58.39 trillion, assuming no major changes to its circulating supply.

Other Experts Also Eye Big Numbers for XRP

Brienen isn’t alone in his bullish outlook. Crypto analyst Javon Marks recently predicted that XRP could reach $100 as early as this year. Similarly, last year, market commentator Moonshilla suggested that XRP could surpass the $100 mark if Bitcoin achieves a price of $350,000.

Adding to the chorus, analysts at Changelly forecasted that XRP could trade near $1,000 by July 2040, with a possible peak price of $1,078.

While these predictions fuel excitement, it's crucial for investors to remember that forecasts are speculative and should not be considered financial advice.