- A video recirculating on social media had KOLs framing Ripple CEO Brad Garlinghouse’s statement as a prediction for XRP’s rise to a $10 trillion market cap.
- They say the event could pump the price to $100 per token.
There’s a video going around on X, featuring Ripple CEO Brad Garlinghouse apparently dropping not only a bombshell but a nuclear prediction for XRP. The clip showed him saying that the macro environment around custody of digital assets is poised to explode to roughly $10 trillion by 2030. He stated that people will need secure custody and transfer for those assets on-ramp and off-ramp, which will translate to heightened demand.
Additionally, Garlinghouse claimed in the video that big banks have approached Ripple to integrate their system with the expected disruption caused by the exponentially growing demand for digital assets. Some crypto community members, particularly people aligned with the XRP Army (an enthusiastic group of XRP supporters), framed the Ripple boss’s statement as a prediction that XRP could reach $10 trillion market cap, translating to around $100 per coin.
Brad Garlinghouse’s
A careful examination of the video reveals that Garlinghouse neither mentioned “XRP” nor “market cap” in his commentary. The topic generally centered on digital assets, which include XRP and other assets like Bitcoin (BTC), Ethereum (ETH), and other altcoins.
However, it’s worth noting that Garlinghouse made certain crypto projections in his previous interviews. Last year, he told CNBC that the crypto market could climb to $5 trillion. But then again, he was talking about the broader economy of digital assets, where XRP only holds a fraction of a share.
Moreover, the audio does not appear to be in sync with Garlinghouse’s lip movements. While it may have been due to a technical difficulty or glitch in the recording, many pointed out the likelihood that the entire clip or audio may be AI (artificial intelligence) deepfake-generated.
Furthermore, a little backtracking indicates that the video in question has been circulating at least since last year, with no attribution to any reputable source. Almost all people reposting the material were also crypto KOLs (Key Opinion Leaders), with many of them notorious for misleading the public with spliced, AI-generated, or doctored media.
Several individuals, even XRP advocates, shared the same observations as those presented here. Some said there are already plenty of bullish events centering on the XRP ecosystem, so there’s no longer a need to fabricate stuff to confuse or mislead the public.
Final Thoughts
Traders and investors need to be vigilant against misinformation. Many questionable videos circulating on social media serve as examples of the fact that, like traditional markets, the crypto sector is prone to fabricated content and misleading narratives. Even Garlinghouse himself regularly warned the public about these. Therefore, this should be a critical reminder for people to always verify information from multiple trustworthy sources or professional advisors before making crucial investment decisions.
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