A market expert spotlights historical data on the cost of procuring 10,000 XRP over the past four years, predicting how much the figure could be in 2025.
Notably, the recent commentary, which came from market analyst CryptoBull, demonstrates XRP’s impressive price performance over the years, as well as the occasional turbulence that has ravaged the XRP market within this period.
Prices of 10,000 XRP in 2020 and 2021
CryptoBull stressed that as of 2020, during the bear market exacerbated by the COVID-19 market crash, investors could procure 10,000 XRP for just $1,100. Data confirms this disclosure, as XRP did collapse to a floor price of $0.11 in March 2020, costing $1,100 for 10,000 tokens.
However, what the analyst failed to mention was that the market demanded more capital for the same assets in January 2018, during the 2017/2018 bull market. For context, at the all-time high price of $3.31, investors looking to amass these 10,000 tokens needed to commit $3,310.
XRP’s collapse in the 2020 bear market presented an opportunity to accumulate the tokens at a massive discount. However, the price of the asset has continued to increase since then.
CryptoBull noted that a year later, in 2021, it cost investors $2,000 to buy the same 10,000 tokens. This is accurate because in January 2021, XRP traded at a low of $0.20.
Cost of Buying 10,000 XRP in 2022, 2023 and 2024
Meanwhile, the market analyst further revealed that as of 2022, market participants looking to purchase the 10,000 XRP tokens could only get them at a price of $3,000. As of July 2022, two months after the Terra implosion, XRP witnessed a floor price of $0.30.
Further, CryptoBull stressed that the amount required to buy the 10,000 XRP tokens increased to $6,000 in 2023, as XRP changed hands at $0.60 in several months, especially from July to August 2023.
This amount skyrocketed to $22,400 in December 2024, when XRP increased to a price of $2.24. Since then, XRP’s price has continued to post gains, currently trading for $2.40. At the current price, it would cost $24,000 to purchase the 10,000 tokens.
Projected Price of 10,000 XRP in 2025
Interestingly, CryptoBull believes this figure will skyrocket further this year, 2025. According to the market watcher, at some point, procuring the same 10,000 XRP tokens would demand that investors spend a whopping $330,000. This implies that the analyst expects XRP price to soar to $33 in 2025.
Several other market commentators have projected the $33 price. In September 2024, crypto market watcher EGRAG suggested XRP could reach $27 to $33. Analyst Bobby A predicted a similar $33 price last August. In addition, wealth mentor Linda Jones speculated two months back that XRP’s 4-year cycle could push prices to $33.
For context, XRP would need to rally by as much as 1,275% from its current position to claim the lofty $33 price. At this price, XRP’s fully diluted valuation would sit at $3.3 trillion, making the attainment of this range rather difficult for the altcoin.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
