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

TheCryptoBasic
LL0,03%
TAKE0,68%
XRP1,82%

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

Ripple CEO praises SEC’s new direction, and U.S. crypto regulation enters a reset mode

Ripple CEO Brad Garlinghouse publicly praised the regulatory shift driven by the newly appointed Securities and Exchange Commission (SEC) chair, Paul Atkins, on April 20, describing it as “a refreshing breath of sanity that helps people regain their composure.” Garlinghouse viewed the SEC’s policy pivot as the key driver behind an improvement in sentiment across the U.S. crypto market.

MarketWhisper21m ago

SoFi Adds XRP Deposits, Ripple: Broader Access Drives Practical Growth

American fintech company SoFi Technologies announced on April 21 that it would add XRP deposit services to its platform, bringing this digital asset into the national chartered bank environment overseen by the Office of the Comptroller of the Currency (OCC). SoFi currently supports trading of 27 cryptocurrencies and offers a range of crypto deposit features. Ripple says this is the path to real utility-driven growth.

MarketWhisper59m ago

SoFi Enables XRP Deposits but Restricts Withdrawals, Drawing User Criticism

Gate News message, April 21 — SoFi announced that its crypto business now supports XRP deposits, but the platform currently does not allow withdrawals to external wallets. Users can only hold or trade XRP within the platform and cannot transfer tokens to on-chain wallets. Some users criticized the

GateNews4h ago

XRP Price Near $1.45 as ETF Inflows Build Pressure

Key Insights Institutional XRP ETF inflows reached $41.6 million over four days, lifting assets under management above $1.08 billion and strengthening market confidence. XRP faces strong resistance near $1.45, where CoinGlass data highlights a short max

CryptoNewsLand9h ago

XRP Expands to Solana as wXRP Drives DeFi Access

Key Insights Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger. Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for

CryptoNewsLand9h ago

XRP Expands to Solana as wXRP Drives DeFi Access

Key Insights Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger. Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for

CryptoNewsLand9h ago
Comment
0/400
No comments