Bold Prediction: XRP Holders On The Path To Millionaire Status—Analyst
07 February 2025 - 2:30AM
NEWSBTC
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? 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. 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 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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