6 February 2025
Updated 7 February
Updated 7 February
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Analyst Predicts XRP Holders Could Become Millionaires Again
Market expert Steph predicts that all XRP holders could become millionaires, referencing historical price movements from 2017. Despite recent turbulence and a 22% weekly decline, the analyst remains optimistic about future performance.
Key Insights
- XRP surged by 802% from March to May 2017 after a quiet period.
- The asset rose nearly 570% from November 2024 to a peak of $3.4 in January 2025.
- A hypothetical price of $50,000 per token would make a 20 XRP holding worth $1 million.
- A holder with 500 XRP would need a price of $2,000 for their holdings to reach $1 million.
Current Market Dynamics
- XRP has recently dropped below $3 from its January high of $3.4.
- Analyst Dom argues against comparing current trends to 2017, suggesting a new market phase.
- XRP is currently priced at $2.44, with a near 4% drop over the last 24 hours.
Market volatility is seen as typical for high-growth assets, with experts remaining optimistic about XRP's long-term potential.