Industry Expert Says XRP Will Never Print a 300% Daily Candle

ScamDaddy rejects claims of a 300% $XRP daily candle and $1,000 $XRP this year, as historical data shows how large those moves would need to be.

Industry expert ScamDaddy disputes $XRP forecasts circulating on X; he pushes back against the optimism.

His comments came after $XRP community member Seer raised the possibility of $XRP suddenly breaking away from its current range with a 300% daily move. Seer pointed to $XRP’s explosive price action in April 2017 as evidence that unusually large candles have occurred before.

ScamDaddy responded simply:

“$XRP will never have a 300% daily candle.”

Why $XRP 300% Daily Candle

The recent Quant ($QNT) surge may be one reason the $XRP community is again debating whether $XRP can suddenly break out with an unusually large daily candle.

Quant climbed from around $65 to above $350 within roughly a week, a gain of more than 300% over several days, while some individual sessions recorded much smaller—but still sharp—gains.

At its most aggressive point, reports placed $QNT’s single-day gain between roughly 87% and 145%, depending on the exchange and measurement window. That is still far short of a 300% daily candle.

$XRP Has Recorded Triple-Digit Daily Gains Before

Historical data shows $XRP has experienced extraordinary single-day moves, although the exact readings differ by data provider.

CoinMarketCap’s April 2, 2017 snapshot recorded $XRP up 173.71% over 24 hours, when the asset traded near $0.061. Another historical dataset places the open-to-close move that day close to 200%.

This confirms that $XRP has previously recorded a triple-digit daily gain, but neither dataset shows a 300% daily increase.

At $XRP’s current price near $1.49, a 300% gain would mathematically take the asset to roughly $5.96 in one day. With around 63.09 billion $XRP circulating, that price would imply a market cap near $376 billion, assuming supply remained unchanged.

$1,000 $XRP Call Also Draws Criticism

ScamDaddy also responded to a separate exchange involving a $1,000 $XRP forecast.

Aussie $XRP said $XRP would reach $1,000 this year while quoting market commentator Zach Rector. However, Rector’s original statement was considerably more restrained.

Rector said he expects $XRP to have a strong fourth quarter and believes a breakout is coming, but specifically said the asset is “definitely not heading to $1000 by EOY.”

ScamDaddy described belief in the $1,000 call as either “extreme delusion” or desperation.

The mathematics show how large such a move would be. From approximately $1.49, $XRP would need to rise more than 67,000% to reach $1,000.

Using the current circulating supply, a $1,000 $XRP price would correspond to a market cap of roughly $63 trillion if supply remained around current levels.

Neither the 300% daily-candle claim nor the $1,000 year-end call is supported by a defined technical setup in the posts.

$XRP’s history confirms that extremely large percentage moves can occur, particularly from much lower valuations, but the scale required changes significantly as the asset’s market cap grows.