Lark Davis Rejects XRP’s $100 Scenario as Token Falls 12% in a Week
Lark Davis called an $8 trillion XRP valuation unrealistic while the token trades near $1.10 after a steep weekly decline.
Lark Davis called an $8 trillion XRP valuation unrealistic while the token trades near $1.10 after a steep weekly decline. XRP (XRP) is trading at ₹102 ($1.09), down 1.0% since this brief published. This is an original Token Times brief based on reporting by Crypto Daily, with live market data added, as of Tue, 10 Nov 2026 09:45:02 UTC.
The exchange highlights the gap between XRP’s current valuation and the scale needed for a $100 price, placing renewed attention on a support level near $0.99. The warning comes during a broad market advance, making XRP’s relative weakness notable.
- Crypto Daily reports Davis expects XRP will never reach $100.
- He described an $8 trillion valuation as unrealistic.
- XRP trades at $1.096, down 12.16% over seven days.
- Davis highlighted support near $0.99 as the key area.
Lark Davis warned 
XRP supporters against expecting the token to reach $100, according to Crypto Daily. Davis characterized an $8 trillion valuation for XRP as unrealistic, underscoring his skepticism about the widely discussed long-term price scenario.
The warning came with XRP trading near $1.10. Live market data put the token at $1.096, up 1.10% over 24 hours but down 12.16% across seven days, giving it a market capitalization of $69.59 billion. Crypto Daily’s coverage identified support near $0.99 as the level that matters most in the current setup.
XRP’s weekly performance contrasts with the broader crypto market, which was broadly higher. Total crypto market capitalization stood at $2.56 trillion, 
Bitcoin gained 1.45% over 24 hours, and the Fear & Greed Index registered 32, corresponding to Fear. That backdrop suggests the decline was concentrated in XRP rather than a uniform downturn across digital assets.
For now, the dispute centers on valuation and price levels rather than a new protocol development or institutional announcement. Davis’s position sets a sharply bearish ceiling on XRP, while the market data shows a modest daily recovery alongside a substantial weekly loss. The $0.99 support area cited by Crypto Daily and XRP’s ability to hold the recent daily gain are the immediate conditions readers can monitor, without establishing a forecast or trading outcome.
Since this brief published about 3 hours ago, XRP (XRP) has moved from ₹102.95$1.10 to ₹101.91$1.09 — -1.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹107.96 (about $1.09), down 0.5% over 24 hours. The rupee itself trades about 5.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Lark Davis Rejects XRP’s $100 Scenario as Token Falls 12% in — questions & answers
What did Lark Davis say about XRP reaching $100?
Crypto Daily reports that Davis said XRP would never reach $100 and described an $8 trillion valuation as unrealistic.
Where is XRP trading during the warning?
XRP was priced at $1.096, with a market capitalization of $69.59 billion.
How is XRP performing compared with the broader market?
XRP fell 12.16% over seven days even as the broader crypto market was broadly up and Bitcoin gained 1.45% over 24 hours.
How much is 1 XRP worth in rupee today?
About ₹107.96 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.09. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 1.00% since this brief first published — trading at ₹102 ($1.09) now versus ₹103 ($1.10) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Daily. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.