Armando Pantoja, an experienced angel investor who has been active in the cryptocurrency space since 2011, has recently challenged the skepticism surrounding XRP’s potential to hit $100. His comments come as XRP continues to perform exceptionally well in the ongoing bull market, with some calling for bold price targets while others urge caution.

XRP’s Potential is Comparable to the Early Days of the Internet

Pantoja took to social media to dismiss critics who argue that XRP’s market cap would make such a price target unattainable. He made an intriguing analogy, comparing the potential of XRP to the growth of the internet in the 1990s. Back then, many doubted the internet’s future dominance simply because not every household had a personal computer. However, over time, the world adapted and technology changed. In the same way, Pantoja believes XRP’s market cap concerns are not a limiting factor for its future success.

“People adopt, things change, and the world adapts,” Pantoja wrote, urging crypto enthusiasts to think beyond current market constraints. His point is that the trajectory of adoption and innovation often unfolds in unexpected ways, much like the growth of the internet, which eventually became a global phenomenon.

The $100 Price Target: A 6,750% Surge from Current Levels

As of now, XRP is trading at $1.46, having surged by 185% over the past three weeks. The cryptocurrency even hit a price of $1.6216 over the weekend, marking its highest point in three years. However, in order for XRP to reach the coveted $100 price, it would need to surge by an astonishing 6,750% from its current level. This is a significant increase, but proponents like Pantoja believe that such a rise is not out of the realm of possibility.

Reaching $100 would require XRP to achieve a market cap of $5.7 trillion, and a fully diluted market cap of around $10 trillion—levels that currently seem implausible. While some analysts remain skeptical, suggesting that a trillion-dollar market cap is not feasible in the short term, others still maintain that XRP could surpass this threshold in the future, especially with increased adoption and utility.

Drawing Parallels with Bitcoin’s Early Doubts

Supporters of XRP often point to the growth of Bitcoin as a parallel example of how a cryptocurrency, initially doubted, can exceed expectations. In the early days of Bitcoin, many believed it was unlikely to reach significant price points, let alone achieve mainstream adoption. Back in July 2010, Bitcoin was trading at only $0.04865. Fast forward 14 years, and Bitcoin is now priced at approximately $98,000, with a market cap nearing $2 trillion. The rise of Bitcoin from just a few cents to a price point in the six figures shows that massive price growth is possible in the cryptocurrency market.

Pantoja and other XRP enthusiasts draw inspiration from Bitcoin’s early growth, believing that XRP could eventually follow a similar path, reaching $100 and beyond as the cryptocurrency ecosystem continues to mature. Pantoja himself has stated that while $100 may not be attainable for XRP in the next few years, it is not out of the question in the long term.

Short-Term Outlook: A More Conservative Approach

While Pantoja remains optimistic about XRP’s future, he has tempered his expectations in the short term. He has stated that he does not foresee XRP hitting $100 by 2025. Instead, Pantoja believes that the most likely price range for XRP during the current bull cycle could fall between $8 and $20, driven by growing demand and adoption.

“Tech takes time,” Pantoja explained, emphasizing that XRP’s journey to $100 will likely take several years. He expects the cryptocurrency to continue its upward trajectory as adoption grows, but that reaching the $100 milestone may take five or more years.

The Road Ahead: Is XRP Poised for More Growth?

Despite the skepticism from some quarters regarding XRP’s potential for such a steep price increase, the cryptocurrency continues to show promise. With its strong performance in the current bull market, growing adoption, and increasing institutional interest, XRP is well-positioned for continued success. However, as Pantoja suggests, the road to $100 will not be immediate—it will require time, technological development, and mass adoption to transform XRP into a global powerhouse.

In the end, while reaching $100 may seem like a distant target, the future of XRP is far from certain. Whether it can achieve this milestone or not will depend on many factors, including its ability to gain mainstream adoption and expand its use cases. For now, XRP’s loyal supporters remain confident in the cryptocurrency’s future potential, looking toward the lessons of Bitcoin’s rise as a model for what could be possible for XRP in the coming years.