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

TheCryptoBasic
LL0,02%
TAKE-1,23%
XRP3,68%

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

DeepSeek AI Predicts the Price of Solana and XRP If the War Ends

In the last two weeks, the tension between the US and Iran has been a cause of concern for the markets. Threats and military postures from both sides have left investors taking cover. Oil prices have shot up as investors are worried about the supply of crude, and traditional safe havens like

CaptainAltcoin21m ago

XRP Slides to $1.42 After Losing $1.80–$2 Neckline as $1.39 Support Faces Immediate Test

XRP dropped to less than the $1.80-2 neckline and a key support area became an overhead and the overall trend was altered. The current short-term trading corridor is between the support and resistance of the asset which is between $1.39 and $1.47 respectively. A price above $1.39 will

CryptoNewsLand41m ago

XRP Whale Stash Grows To 11B On Fresh SWIFT Buzz

A recent report by Ali Martinez, one of the most seasoned crypto market connoisseurs, says XRP coin whales have been actively rearranging their reserves. Now stashing roughly 11 billion XRP coins across the largest crypto wallets on-chain, this could imply

DailyCoin3h ago
Comment
0/400
No comments