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A market expert has boldly announced that all XRP holders can eventually become a millionaire.
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Based on a historical study of the price movement of the XRP in 2017, this claim makes the implication that altcoin is determined for a uniform bull run. For many XRP community members, Crypto analyst Step’s approach provides hope of a ray despite the current disturbance.
This positive attitude is challenged, however, by current market dynamics – including the recent 22% weekly decline of property.
XRP: Historical similarities with 2017 Surge
Step’s optimistic predictions are largely based on the performance of the XRP during the 2017-2018 bull run. In that period, Altcoin saw an meteorite growth, which increased by 802% from March to May 2017.
This bounce followed the relatively quiet period, in which the coins were initially lagged behind other cryptocurrency. The XRP has rapidly extended a significant growth for 2024, growing about 570% from November 2024 to the top of $ 3.4 in January 2025.
All #XRP Holders will become millionaires.
No exception. pic.twitter.com/zolebdj8um
– Steif is Crypto (@Steph_iscrypto) February 5, 2025
If history is a signal, Steif feels that Altcoin is only half towards its expected climb. According to analyzer’s examination, a second climb can take the property significantly higher, perhaps reflects the registered price movement in 2017.
Road up to $ 50,000 per token
Many XRP holders are surprised whether such a rally will turn them into a millionaire. The study indicates that, although there is still imaginary, there is a major possibility. For example, the price of a token should be $ 50,000 if one wanted 20 XRP ownership of $ 1 million.
In the same vein, the 500 XRP-holder will require a price to reach $ 2,000 to make a price of $ 1 million. Although these figures are stunning, they show significant impacts that the holders’ portfolio can have a large bounce. However, whether the level of such price is realistic, is still uncertain.
Divergence from 2017 path: A new fructal?
Not every researcher shares the hope of Step. Examining the current value movement of XRP reveals some variations from the 2017 trend. The XRP fell significantly from its January high $ 3.4, recently fallen below $ 3.
$ XRP
In my opinion, 2017 is now irrelevant
I am still trying to point many people compared to 2017, I think it’s a waste of time
The fructal is broken. We are now in a new era and game…
The rear view for some time helps, but now not imo pic.twitter.com/03EPOONANV
– DOM (@traderview2) 4 February, 2025
Analyzer Dome claimed that XRP cannot go on the same route as it was in 2017, suggests a fragmented fractal. Whether this is the case, cryptocurrency can be on a new path where future expansion is not correlated with historical value trends.
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Market instability: change in trend or a regular blow?
Despite these anomalies, XRP has a long -term bright future. The recent value swings of the asset are considered as normal eb and market flow. Improvement time with any high-development property is expected.
At $ 2.44 Right now, XRP dropped about 4% in the last 24 hours. Nevertheless, experts remain optimistic because the property has a great place for expansion.
Specially displayed image from pexels, chart from tradingview
