Fun

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

News Feed

Web3 Security Firm Certik Raises $88 Million in Series B3 Financing Round Led by Tiger Global and Others
Web3 Security Firm Certik Raises $88 Million in Series B3 Financing Round Led by Tiger Global and Others Certik, a Web3 and blockchain auditing and security firm, has raised $88 mi
BNB Springs Back From $531 With Unshaken Bullish Conviction
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Stephen Katte10 hours agoCrypto adoption crosses party lines amid Washington’s political deadlockSupport for crypto among United States politicians and voters appears to be crossing party lines with bipartisanship agre
Biggest Movers: SOL Snaps Recent Losing Streak, as MATIC Moves Towards Resistance
Biggest Movers: SOL Snaps Recent Losing Streak, as MATIC Moves Towards Resistance SOL was slightly higher on Tuesday, as prices rebounded following recent declines. The token bounc
Solana’s SOL/BTC pair flashes bullish — Are new highs in store?
Rakesh Upadhyay7 hours agoSolana’s SOL/BTC pair flashes bullish — Are new highs in store?Solana’s coiling price against Bitcoin suggests it could be ready for a breakout soon.1008 Total views1 Total sharesListen to
Technical Analysis: XRP Falls 10%, as ANC Climbs Higher
Technical Analysis: XRP Falls 10%, as ANC Climbs Higher XRP fell by over 10% on Tuesday, as bearish pressure once again intensified in crypto markets. As of writing, the global cry
Lucas Kiely2 hours agoFutures will be the best crypto game in town even after a Bitcoin spot ETFA spot Bitcoin ETF will bring fresh money to the market, but it will not change a fundamental reality: Bitcoin liquidity is
FTX Launches Gaming Unit to Offer Crypto Services to Other Companies
FTX Launches Gaming Unit to Offer Crypto Services to Other Companies FTX, a leading cryptocurrency exchange, has announced it will enter the gaming field. The company revealed it i
Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns
Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns Mining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has remin
Las 3 mejores preventas con las que obtener ganancias potenciales en Enero
Este artículo también está disponible en español. Dentro de las mejores preventas de enero, $WEPE, $SOLX y $MIND son las que más llaman la atención entre los inversores inteligentes. El nicho de las memecoin
Jesse Coghlan8 hours agoSouth Korean exchange Upbit gets initial license nod from SingaporeUpbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license.3476
IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance
IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S.