So it’s no surprise to see Matthew Brienen, Chief Operating Officer of CryptoGuard, expressing excitement over XRP recently and his bullish prospects concerning this fourth-largest crypto by market cap. In the first-ever installment of the ‘Ask Matty Show,’ Brienen appeared to feel XRP’s fire and made a strong case for the digital asset. He noted its potential particularly for remittance and cross-border payments. Brienen even detailed his investment strategy and predicted that XRP would go to $1,000. He’s planning to liquidate the bulk of his holdings in the near future.

Brienen’s bullish perspective is echoed by a growing chorus of experts who say XRP is set to explode. Since 2020, he’s been consistently hoarding XRP. The author, Jason, employs a dollar-cost averaging (DCA) strategy to mitigate volatility and achieve the best entry price available. Currently trading at $2.05 per coin, XRP would need to surge 4,778% to reach $100 and a staggering 48,680% to hit the ambitious $1,000 target.

XRP's Projected Market Cap and Investment Scenarios

If XRP were to reach the target price of $100, XRP will go to market capitalization of $5.84 trillion. Brienen is a big believer in the potential of this cryptocurrency. That kind of growth would mean serious returns for investors. Right now, a portfolio of 5,000 XRP would be worth $10,250. If the price does rise to $100, that same portfolio would rocket to a value of $500,000! If XRP does go onto hit the $1,000 mark, that same diversified portfolio would still merit an impressive $5 million.

He envisions keeping at least half of his XRP hoard for 5 to 10 years. This decision signals his deep conviction in the asset’s incredibly bright future. His strategy is a cautious approach, taking advantage of short term wins while still being exposed to possible long-term appreciation.

Brienen's Rationale and Market Sentiment

Brienen’s faith in XRP comes from its promise to change remittance and cross-border payment systems. He’s not alone in his sunny appraisal. Many experts anticipate XRP reaching three to four figures in the foreseeable future, driven by increasing adoption and favorable regulatory developments.

Regardless of his ambitious goal, Brienen knows that the cryptocurrency market can be extremely volatile. His DCA approach is designed to stabilize the price volatility associated with cryptocurrencies, lowering the risk involved.

Implications for Investors

Brienen’s observations provide great context for would-be investors to XRP. As an example, his dollar cost averaging accumulation strategy addresses how this valuable technique can be used to manage volatility. His short-term selling plans suggest a cautious approach to maximizing profits, while his long-term holdings reflect confidence in XRP's future.