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XRP's vision: Crypto Executive forecasts short term and long term bullish plans for XRP
Matthew Brienen, CEO of CryptoGuard, outlined optimistic strategies in the short term and long term for XRP in the first episode of 'Ask Matty Show'. Brienen shares his confidence in the future performance of XRP, emphasizing his expectations for strong growth in the coming decade. In the program, he revealed that XRP currently accounts for 50 percent of his cryptocurrency portfolio. He mentioned that he has been continuously buying XRP since 2020, using a dollar-cost averaging strategy to manage market volatility. However, Brienen revealed that he will sell a portion of his XRP investment in the coming years to realize the profits that have accumulated. After that, he plans to hold the majority of his XRP tokens for five to ten years to benefit from the expected growth of the market. Highlighting the strengths of XRP, Brienen pointed out that transactions are completed in less than five seconds with minimal costs. In his view, operational efficiency will lead to greater market adoption, especially in payment services and global remittance solutions. Long term forecasts show strong confidence in the potential of XRP. Brienen envisions the value of XRP will increase from $100 to $1,000 in the next decade, driven by increasing practical utility. With XRP trading around $2.05, reaching $100 would require an increase of approximately 4,778 percent from the current level. The price level of $1,000 would mark an increase of approximately 48,680 percent, a significant leap reflecting bold market prospects. If achieved, the market capitalization of XRP would expand to $5.84 trillion at $100 or $58.39 trillion at $1,000, assuming a stable supply. Other analysts also predict similar bullish outcomes for XRP, reinforcing Brienen's optimistic stance. Cryptocurrency commentator Javon Marks previously suggested that XRP could reach 100 dollars, depending on favorable market dynamics. Contributing to this sentiment, market analyst Moonshilla speculated that XRP could exceed $100 if Bitcoin reaches $350,000. Experts from Changelly also predict that XRP could approach nearly $1,000 by July 2040, pointing to its long term growth potential. Despite the optimistic predictions, investors are reminded to approach the market cautiously and make decisions based on personal research. However, Brienen's vision still reflects growing confidence in the evolving role of XRP in the future of digital financial systems.