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Home»Analysis»XRP holders on the path to the millionaire status
Analysis

XRP holders on the path to the millionaire status

2025-02-06No Comments3 Mins Read
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Este Artículo También Está Disponible and Español.

A market expert has courageously declared that all XRP holders can eventually become millionaires.

Related lecture

Based on a historic study of the price movement of XRP in 2017, this statement makes the implication that the Altcoin is set for a similar bullrun. For many members of the XRP community, the point of view of crypto analyst Steph offers a spark of hope despite the current turbulence.

However, this positive vision is challenged by current market dynamics – including the recent weekly decrease of 22% of the asset.

XRP: Historical parallels with 2017 Surge

The optimistic predictions of StepH are largely based on the performance of XRP during the Bull Run 2017-2018. In that period, the Altcoin saw a meteorical rise, with 802% from March to May 2017 by 802%.

This increase followed a relatively quiet period, whereby the coin initially lags behind with other cryptocurrencies. XRP has again shown a remarkable increase, rapidly ahead to 2024, with almost 570% risen from November 2024 to a top of $ 3.4 in January 2025.

All #Xrp Holders will become a millionaire.

No exceptions. pic.twitter.com/zolebdj8um

– Steph is crypto (@steph_iscrypto) February 5, 2025

If history is an indication, StepH thinks the Altcoin is only halfway in the direction of the expected climb. According to the analyst’s investigation, a second climb can actively drive the actively higher, perhaps as a result of the price movement that was 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 great possibility. For example, the price per token should be $ 50,000 if they wanted a 20 XRP ownership to be worth $ 1 million.

See also  Polygon could rise 10% to $0.70
XRPUSD is currently being traded at $ 2.43. Graphic: Tradingview

In the same spirit, a 500 XRP holder would need the price to reach $ 2,000 to earn their participations worth $ 1 million. Although these figures are amazing, they show the significant influence that could have a large increase on holders portfolios. However, whether such price levels are realistic is still uncertain.

Deviation from 2017 Path: A New Fractal?

Not every researcher shares the hope of Steph. Investigating the current price movement of XRP reveals accurate variations of the trend of 2017. XRP fell considerably from his high January of $ 3.4, lately under $ 3.

$ XRP

In my opinion 2017 is now irrelevant

I see many trying to locate the comparison with 2017, I think it’s a waste of time

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

Sometimes the rear view helps, but no more imo pic.twitter.com/03epoonanv

– Dom (@Stadview2) February 4, 2025

Analyst Dom has claimed that XRP may not go the same route as in 2017, which suggests a broken fractal. If this is the case, the cryptocurrency can be on a fresh road where future expansion has not been correlated with historical price trends.

Related lecture

Market volatility: change in trend or a regular setback?

Despite these deviations, XRP has a long future future. Recent price fluctuations of being active as normal ebb and the market current. Correction times are expected, as with any fast -growing assets.

For $ 2.44 At the moment, XRP has fallen almost 4%for the past 24 hours. Nevertheless, experts remain optimistic because it has active great space for expansion.

See also  Short-Term Bitcoin Holders Are Leaving the Market: What Happens Now?

Featured image of Pexels, Graph of TradingView



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