Top CEO Says ‘I’ll Take XRP for $1,000’ as Kiyosaki’s Warns Traditional Markets to Deflate

TheCryptoBasic
LL-0,2%
TAKE-2,65%
XRP2,44%

Jake Claver, CEO of Digital Ascension Group, has again suggested that XRP could one day reach the $1,000 mark

Accordingly, he said global markets now face the risk of a major deflationary shock. To this, Claver replied, “I’ll take XRP for $1000, Bob.”

“Bubble Markets About to Deflate”

For decades, Japan’s near-zero interest rates powered the massive yen carry trade. It allowed investors to borrow cheaply and deploy capital into U.S. Treasuries, European bonds, emerging-market assets, tech stocks — and even crypto.

Now that Japan’s 10-year government bond yield has risen to 1.728%, its highest level since 2008, analysts warn that the unwind of this decades-long strategy could pull trillions back into Japanese bonds, draining liquidity from markets worldwide.

Still, Kiyosaki maintains a bullish view on scarce assets. He repeated his long-standing advice for investors to buy gold, silver, Bitcoin, and Ethereum. He sees them as hedges against inflation, currency instability, and systemic risks.

“I’ll Take XRP for $1,000.”

Across multiple interviews this year, Claver has argued that XRP’s most dramatic price movements would likely occur during periods of macroeconomic disruption, when investors seek alternative settlement assets with deep liquidity and global utility.

In other words, his $1,000 comment echoes his long-standing belief that XRP’s true price discovery will occur when a major scarcity shock hits the market.

XRP’s Potential Role in Japan’s Reverse Carry Trade

Claver’s optimism is not isolated. As previously reported by The Crypto Basic, American model Bri Teresi also suggested that XRP could play a role in Japan’s emerging reverse yen carry trade.

On X, she highlighted XRP’s speed and programmability, noting that the Bank for International Settlements (BIS) recommends that settlement assets should turn over 8–10 times per day to support modern financial rails. Indeed, XRP meets and exceeds those benchmarks.

Teresi also pointed to SBI Remit’s use of XRP for faster cross-border payments and argued that Japan’s move away from decades of low interest rates makes efficient settlement assets more valuable.

ETF Demand and a Fast-Disappearing OTC Market

Claver also sees another catalyst for long-term XRP appreciation via ETF-driven supply absorption. He recently revealed that XRP spot ETFs have already begun “eating through” OTC and dark-pool supply far faster than anticipated.

As of last week, XRP ETFs held over 300 million XRP, representing $676 million in assets under management. Crucially, major issuers like BlackRock and Fidelity have not yet entered the market. According to Claver, once they do, XRP ETF demand could ultimately surpass Bitcoin’s.

A Glimpse of the Future: The Kraken $91 Candle

Last week, XRP briefly printed a candle at $91 on Kraken. Claver referenced this anomaly as an example of what real supply crunches look like in practice.

To him, spikes like this are not charting errors but previews of how violently XRP could move when institutional-scale orders hit public markets with insufficient liquidity.

When Can $1,000 XRP Happen?

Even with increasing attention on XRP’s role in liquidity stress scenarios, not everyone believes a $1,000 price point is coming soon. Some analysts maintain that such levels may take decades to materialize

A recent long-term projection from Changelly, for example, suggested that a four-digit XRP valuation may not appear until 2040.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Why Being Rich With XRP Could Become Very Hard

A popular crypto YouTuber just laid out a simple math problem that might worry some XRP holders. The numbers show why loading up on XRP later could become a major challenge. The video from “24hrsCrypto” runs nearly 15 minutes long, but the central message takes only seconds to understand.

CaptainAltcoin44m ago

Glassnode Data: Most XRP Supply in Loss, What It Means for Investors

Glassnode data shows 36.8 billion XRP, nearly 60% of the circulating supply, is held at a loss, with unrealized losses reaching $50.8 billion. XRP traded near $1.34, while futures volume jumped on BitMEX and Binance as ETF outflows and weak spot activity kept pressure on price. Glassnode dat

CryptoNewsFlash2h ago

Analysis shows XRP price could surge by 1156%, with the fifth wave starting to point toward an $18 peak

Market analysis indicates that XRP may soon initiate the fifth wave, with the price expected to rise to $18, representing a potential increase of 1156%. Analysts point out that the current phase is at the end of the fourth wave, which could attract significant capital in the future. Investors should pay attention to key support and resistance levels.

GateNews5h ago

XRP Price Breakout Signal Appears: Symmetrical Triangle Critical Point Approaching, $2 Target May Come Into View

XRP price has recently rebounded by approximately 4%, approaching a breakout of a key technical pattern. The market is watching to see if it will break through the upper boundary of the symmetrical triangle, with a potential target price of $2.06. Although the growth in stablecoin supply has boosted market sentiment, outflows of institutional funds warrant caution. The current trend still requires close monitoring.

GateNews5h ago
Comment
0/400
No comments