In a bold XRP price prediction, a crypto analyst claims that holding 20,000 XRP could become the holders’ $190M retirement jackpot. The Ripple token has a history of struggles, with its price maintaining an average value of around $0.5 before recovering in recent months. Still, this bold prediction shocked the community; some speculated about the possibility, while others laughed. Let’s discuss these claims and whether this is a plan.
Analysts Prediction Claims XRP Price to Hit $9,500 Amid Its Downfall
After an impressive performance at the beginning of the year, the XRP bullish trajectory has halted. It currently trades at $2.24 despite many investors’ bullish XRP price predictions. As the token struggles to achieve the ATH target of $3.84, set seven years ago, there are mixed sentiments around this cryptocurrency.
However, one crypto analyst, EGRAG, presented a multi-million earning plan for investors, claiming that the 20,000 XRP will be $190M. With this, the analysts believe that the Ripple token’s price will soar to as high as $9500 and turn the investors’ 20,000 XRP holding ($448,00 at current price) into a staggering $190M, retiring investors.
This prediction came as institutional investors primarily focused on filling their portfolios with Bitcoin. Just recently, Microstrategy bought 20,356 Bitcoin worth $1.99 billion. EGRAG commented on that, indirectly claiming that XRP could be a better investment.
In the Future hodling 20k #XRP will be around 190 Million Dollars. ONLY FEW
More importantly, he claims to witness high performance and life-changing rewards in the future. However, investors’ sentiments and the current XRP price performance have brought him backlash. One commented:
Makes sense to mention this when we can’t even get to a new ath after winning all cases and got all the good news and all the partnerships etc etc..makes sense..20k 190 million
Will XRP Price Hit $9,500?
Among hundreds of price forecasts, hitting $9,500 is among the extravagant ones. For this XRP price prediction to come true, the market capitalization of XRP has to reach an unimaginable $549 trillion, which is five times the world’s entire GDP of $106 trillion.
The token’s mathematical calculations and limitations, especially around the SEC vs. Ripple battle, current performance, and other barriers, make this almost impossible. Analysts believe this would not become a reality even if Donald Trump created an XRP reserve, the XRP ETF got approved, and any other significant milestones were achieved.
The price could hit significant highs, even $1000. However, the target of $9,500 is unrealistic in the current scenario.
Reality Check: Is a Retirement Fortune Possible?
While the Ripple token has strong fundamentals, growing adoption, and price growth, achieving a $9,500 target per coin remains unrealistic. However, considering these factors, especially the XRP ETF approval, many analysts believe this token can hit $10 or $100.
A strategic investment, diversified portfolio, and relevant trading strategies could make a decent retirement plan possible. However, investors should not rely on any XRP price prediction without thoughtful research.
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