A prominent Bitcoin maximalist, known as “Bitcoin Dad,” has fueled controversy with a bold prediction for XRP’s future, suggesting that by 2035, the digital asset’s price will plummet to nearly zero. The prediction comes as a part of the ongoing rivalry between Bitcoin proponents, often called “maximalists” or “maxis,” and XRP holders. These communities have had a long-standing debate about the future of the crypto market, and Bitcoin Dad’s latest comments add fuel to this fire.
XRP’s Price Prediction: A Dramatic Drop
In a tweet posted on February 5, Bitcoin Dad claimed that 10 million XRP would be worth only $8,000 by 2035—enough to purchase a used 2014 Ford Focus. This implies that by 2035, the price of XRP could fall to as low as $0.0008, marking a staggering 99.9% drop from its current price of around $2.40.
Such an extreme drop in value seems unthinkable given XRP’s impressive price surge in recent years, including a more than 560% rally from the lows in late 2023, bringing its price to near its all-time high of $3.40. Yet, Bitcoin Dad’s bearish stance reflects his ongoing skepticism about the long-term value of XRP, as well as a consistent belief in Bitcoin’s dominance.
Bitcoin’s Bullish Outlook
In contrast to his XRP prediction, Bitcoin Dad remains highly optimistic about Bitcoin’s future. He envisions a sky-high future for Bitcoin, suggesting that by 2035, Bitcoin could reach an unimaginable price. For instance, he predicts that 6.15 BTC could purchase an M1 Abrams tank, which costs around $19 million today. This would imply that by 2035, Bitcoin could be worth around $3 million per BTC.
In another projection, Bitcoin Dad believes that 100 BTC could be enough to buy a U.S. nuclear submarine, which costs between $2 billion and $5 billion. If BTC were priced at the lower end of this estimate, at $20 million per coin, Bitcoin could see exponential growth.
The Ripple vs. Bitcoin Debate
Bitcoin maximalists like Bitcoin Dad often criticize XRP for being centralized compared to Bitcoin’s decentralized nature. They argue that Ripple, the company behind XRP, holds a large portion of the token’s supply, which it uses to maintain liquidity in its payment solutions. This heavy centralization and control by Ripple’s founders have fueled skepticism about XRP’s true decentralization and long-term viability.
Bitcoin Dad’s prediction comes at a time when XRP has gained attention in the market, partly due to the regulatory battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Despite the controversies surrounding the asset, some analysts still maintain a bullish outlook on XRP, with projections suggesting that it could reach as high as $10 per coin in the current cycle, especially if Ripple continues to gain traction in the market.
A Divided Community
The rivalry between Bitcoin maxis and XRP supporters is ongoing, and Bitcoin Dad’s prediction is sure to add more fuel to the fire. Bitcoin maximalists believe that Bitcoin will dominate the crypto space, while XRP holders argue that the digital asset offers unique advantages in the global payments landscape.
Ultimately, the long-term future of XRP, as well as Bitcoin, remains uncertain. While Bitcoin Dad’s prediction is certainly controversial, it is a reminder of the broader debate within the crypto community about which digital assets will succeed in the coming years.
Conclusion
Bitcoin Dad’s starkly bearish prediction for XRP by 2035 stands in sharp contrast to his optimistic views on Bitcoin. Whether XRP will fall to near zero or continue its upward momentum remains to be seen, but the rivalry between Bitcoin maximalists and XRP supporters is likely to continue for the foreseeable future.
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