EasyA co-founder Dom Kwok continues to defend his $1,000 $XRP price prediction and the resulting $100 trillion market cap.
In a recent tweet, he pushed back against traditional market cap arguments following his bold $XRP forecast. His latest remarks come as critics continue to question whether such a price target is realistic, especially given the massive market capitalization it would imply.
Key Points
- Dom Kwok defends $1,000 $XRP forecast, saying market cap criticism misunderstands crypto valuation models.
- Kwok compares Bitcoin’s trillion-dollar valuation to Walmart, questioning revenue vs market cap logic.
- $XRP supporters say cross-border payment utility and network effects could justify long-term higher valuations.
- Critics call $1,000 $XRP unrealistic due to $60T–$100T cap, but Kwok says 700x moves are normal in crypto.
Market Cap Criticism Meets Bitcoin Comparison
In his tweet, Kwok questions how Bitcoin achieved a multi-trillion-dollar valuation despite not generating traditional revenue.
He pointed out that companies like Walmart generate hundreds of billions in annual revenue, yet Bitcoin’s valuation has at times exceeded theirs. Indeed, Bitcoin boasts a market cap of nearly $1.5 trillion today, while Walmart has a market cap of $1.01 trillion.
Notably, Walmart saw nearly $700 billion in revenue in 2025, while Bitcoin mining revenue was just $1.4 billion. Despite the massive disparity in profitability, Bitcoin ranks ahead of Walmart.
Kwok used this comparison to challenge the logic of dismissing $XRP’s potential based solely on its market cap. To him, market cap is irrelevant.
Supporting this view, Web3 Alert founder Nick argued that many critics rely on market cap limits without explaining why Bitcoin itself reached over $2.2 trillion at its peak.
"But $XRP can't go to $1 trillion because of market cap!"
Meanwhile Bitcoin at it's ATH was worth more than $2T.
Dom is correct here, everyone is talking about market cap, but almost no one has an explanation for Bitcoin being worth its market cap.
$XRP is being utilized in… https://t.co/hUw6S9gBHt
— Nick | Crypto Crusader (@NCashOfficial) April 10, 2026
$XRP Utility Argument Gains Traction
Proponents of $XRP say the asset’s real-world use cases could justify significantly higher valuations over time.
The argument centers on $XRP’s role in cross-border payments, which facilitates the movement of large volumes of capital.
Supporters claim that if trillions of dollars eventually flow through the network, the underlying asset could capture substantial value through network effects.
This perspective suggests that utility, not just speculation, could be a key driver of $XRP’s long-term price.
Revisiting the $1,000 Prediction
Kwok and his brother stated that $XRP reaching $1,000 is “definitely” possible within four to five years. At current levels near $1.35, that would represent an increase of roughly 740x.
However, such a move would imply a market capitalization between $60 trillion and $100 trillion. For context, gold’s market cap is only $33.17 trillion. Prominent firms like NVIDIA, Apple, and Google have valuations between roughly $3 trillion and $4.6 trillion.
Essentially, a $1,000 $XRP price would place it ahead of these global assets and companies. To critics, this makes the prediction unrealistic.
However, the Kwok brothers insist that this potential outcome does not negate the possibility. They argue that crypto markets do not follow traditional valuation models.
To them, exponential expansion beyond what is typically seen in equities remains possible, just as Bitcoin moved from a few thousand dollars to trillions in valuation.
“In crypto, 700x is not that much,” Kwok said during the podcast regarding the $1,000 price outlook. And indeed, during the 2017 bull run, $XRP’s price engineered a move of similar magnitude, rising from $0.005 to $3.84.
thecryptobasic.com