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Bold Prediction: XRP Holders On The Path To Millionaire Status—Analyst

News Feed - 2025-02-07 12:02:47

Este artículo también está disponible en español.


A market expert has boldly proclaimed that all XRP holders might ultimately become millionaires. Related Reading XRP Price Struggles to Keep Pace: What’s Holding It Back? 19 hours ago


Based on a historical study of XRP’s price movement in 2017, this assertion makes the implication that the altcoin is set for a similar bull run. For many XRP community members, crypto analyst Steph’s viewpoint offers a ray of hope despite current turbulence.


This positive view is challenged, though, by current market dynamics—including the asset’s recent 22% weekly decline. XRP: Historical Parallels With 2017 Surge


Steph’s optimistic predictions are largely based on the performance of XRP during the 2017-2018 bull run. In that period, the altcoin saw a meteoric rise, increasing by 802% from March to May 2017.


This surge followed a relatively quiet period, with the coin initially lagging behind other cryptocurrencies. XRP has once more exhibited remarkable increase fast forward to 2024, rising by nearly 570% from November 2024 to a top of $3.4 in January 2025. All #XRP holders will become millionaires.


No exceptions. pic.twitter.com/zoLebdj8um


— STEPH IS CRYPTO (@Steph_iscrypto) February 5, 2025



If history is any indication, Steph thinks the altcoin is only halfway toward its expected ascent. According to the analyst’s examination, a second ascent might drive the asset considerably higher, maybe reflecting the price movement registered in 2017. The Road To $50,000 Per Token


Many XRP holders wonder if such a rally will turn them into millionaires. The study indicates that, although still rather hypothetical, there is a big possibility. For instance, the price per token would have to be $50,000 if one wanted a 20 XRP ownership to be worth $1 million. XRPUSD is currently trading at $2.43. Chart: TradingView


In the same vein, a 500 XRP-holder would need the price to reach $2,000 to make their holdings worth $1 million. Although these figures are staggering, they show the significant influence a large surge could have on portfolios of holders. However, whether such price levels are realistic is still uncertain. Deviation From 2017 Path: A New Fractal?


Not every researcher shares Steph’s hope. Examining XRP’s present price movement closely reveals some variations from the 2017 trend. XRP dropped significantly from its January high of $3.4, lately falling below $3. $XRP


In my opinion, 2017 is now irrelevant


I see many trying to pinpoint comparison to 2017 still, I think it’s a waste of time


The fractal has broken. We are in a new era and game now…


Sometime the rear view helps, but not anymore IMO pic.twitter.com/03ePoONaNV


— Dom (@traderview2) February 4, 2025



Analyst Dom has claimed that XRP might not go the same route as it did in 2017, suggesting a fractured fractal. Should this be the case, the cryptocurrency may be on a fresh path where future expansion is not correlated with historical price trends. Related Reading XRP Price Enters Golden Pocket: Analyst Says It’s A Good Buy At These Levels 1 day ago Market Volatility: Change In Trend Or A Regular Setback?


In spite of these anomalies, XRP has a long-term bright future. Recent price swings of the asset are considered as normal ebb and flow of the market. Correction times are expected, as with any high-growth asset.


At $2.44 right now, XRP dropped almost 4% over the past 24 hours. Still, experts remain optimistic since the asset has great room for expansion.


Featured image from Pexels, chart from TradingView

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