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Full article on Yahoo Finance
Ripple CTO David Schwartz Crushes $100 XRP Dreams As Price Plunges 12%
Market Intelligence Analysis
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Why This Matters
Ripple's CTO David Schwartz has expressed skepticism about XRP reaching $50-$100, which led to a 12% price drop to $1.75, causing backlash from holders.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Ripple’s (CRYPTO: XRP) Chief Technology Officer David Schwartz has cast doubt on XRP reaching $50 to $100, sparking backlash from holders as the token plunged 12% this week to $1.75. Schwartz Plays Down $100 Target Schwartz responded to speculation about XRP hitting $50-$100 per token in the next few years with skepticism on X, saying he doesn’t feel comfortable making such predictions despite acknowledging his own price forecasts have been consistently wrong. He recalled starting to sell XRP at
Original article published by
Yahoo Finance
on February 2, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.