TLDR

Jason Williams, a Bitcoin advocate, sarcastically predicted XRP would reach 20,000, sparking widespread debate.
His follow-up clarified the prediction referenced 20,000 Lebanese pounds, worth just $0.22, indicating a bearish view.
The post indirectly criticized the bullish XRP forecast promoted by game developer Chad Steingraber.
Steingraber believes XRP could reach $20,000 through institutional adoption and tokenized financial systems.
Critics argue the theory is unrealistic and would require a market cap in the quadrillions, far exceeding global assets.

Bitcoin advocate Jason Williams entered the ongoing XRP price debate with a sharp tone that quickly sparked controversy. He predicted XRP would hit 20,000, but his post was not a show of support. Instead, it carried sarcasm, which he later confirmed by comparing the number to the Lebanese pound.

XRP Sarcasm Sparks Community Debate

Williams initially shocked followers by posting that XRP would reach 20,000, a claim many took at face value. While the figure implied a $20,000 valuation, Williams clarified his intent using an image of the Lebanese pound. The value of 20,000 Lebanese pounds equals just $0.22, suggesting a negative outlook for XRP.

XRP is going to 20k a coin.

— Jason Ai. Williams (@GoingParabolic) July 3, 2025

The post quickly spread on social platforms and triggered a wave of reactions from the XRP community. Supporters questioned Williams’ intent, while critics aligned with his skepticism. The exchange made it clear that Williams believes XRP could significantly lose value, not rise.

Although the number seemed bullish, Williams’ responses painted a different picture altogether. His comments consistently mocked the idea of XRP reaching massive valuations. By using a devalued currency for comparison, he emphasized a bearish forecast.

Steingraber’s Theory of $20,000 XRP

Williams’ sarcastic remarks appeared to counter Chad Steingraber’s revived prediction of XRP reaching $20,000. Steingraber, a game developer, supports a thesis involving institutional adoption and global financial system integration. His model assumes XRP becomes central to tokenized banking and private ledger settlements.

According to Steingraber, institutions may absorb most XRP supply, leaving less than 100 million tokens for public access. He claims this would cause panic buying and lead to a massive price spike. Supporters believe that wealth funds could drive demand if XRP gains a key financial role.

While the theory has gained traction within the XRP community, it remains outside mainstream financial discussion. Critics argue that the theory relies on highly optimistic and unproven scenarios. Williams’ post directly challenges this logic, reducing it to wishful thinking.

The core of the disagreement lies in opposing views of future adoption. Steingraber envisions a financial revolution; Williams predicts devaluation. Each voice has amplified a growing divide in expectations.

Market Cap at $20,000 Raises Questions

At $20,000 per XRP, the token’s market cap would exceed all global assets combined. With a circulating supply over 50 billion, such a price suggests a quadrillion-dollar valuation. This level is far beyond the current international financial system’s capacity.

XRP advocates often argue that market cap does not reflect real-world potential. However, alternative valuation models have not gained widespread acceptance, making the $20,000 prediction even more difficult to justify economically.

The post XRP to 20,000? Bitcoin Author Jason Williams Sparks Controversy appeared first on CoinCentral.

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Filed under: News - @ July 4, 2025 7:29 pm