David Schwartz Uses Market Math To Challenge Viral XRP $50–$100 Price Targets

Former Ripple CTO David "JoelKatz" Schwartz has challenged viral claims that XRP is on a near-term path to $50–$100, arguing that the current market price already reflects how much capital truly believes in such scenarios. He framed the discussion in probabilistic terms, noting his own past underestimation of crypto rallies, and used a thought experiment to argue that if many rational investors saw even a 10% chance of $100 within a few years, XRP would not be trading far below $10. Schwartz also revisited his earlier remark that XRP "can't be cheap" and discussed XRPL throughput, saying higher transaction capacity is possible but would likely increase costs for node operators.