A prominent XRP community pundit has suggested that investors hold a substantial amount of XRP tokens before the market explodes.
Earlier in May, J4b1, a well-known XRP community voice, projected that the XRP market could explode, and advised investors to hold at least 5,589 tokens before this occurs. He pointed to May 19 as an important date that could mark the start of a major change for XRP.
His sentiment focused on the launch of XRP futures by the CME Group, a move he said would set the stage for much bigger developments, including the approval of spot XRP ETFs.
Expectedly, on May 19, CME officially launched XRP futures, giving the asset broader exposure to institutional investors. That launch followed similar moves by Bitnomial and Coinbase, but CME’s involvement added serious weight to XRP’s growing credibility.
According to J4b1, other big cryptocurrencies like Bitcoin, Ethereum, and Solana saw their spot ETFs approved only after their futures markets gained traction. Now that XRP is on a similar path, many investors believe ETF approval could follow soon.
Right now, the SEC has started reviewing an XRP ETF proposal filed by WisdomTree. Several other ETF applications remain on the table, but the agency has pushed back its decisions.
Despite this, the community remains hopeful. Investors see these delays as part of a familiar pattern. For context, Bitcoin and Ethereum faced the same kind of setbacks before regulators gave them the green light. Many now believe XRP is heading down the same road.
How Much Could 5,589 XRP be Worth?
Notably, J4b1 suggested that holding exactly 5,589 XRP before the market picks up could pay off in a big way. At the current price of $2.20 per token, that amount would cost around $12,295.
Interestingly, The Crypto Basic previously found that If XRP gains enough attention after ETF approvals and attracts 30% of the money that poured into Bitcoin ETFs, its price could jump to $22. In that case, the 5,589 XRP would be worth $122,958, a gain of more than $110,000.
However, some experts believe the potential is even greater. In April, crypto analyst Cryptominder predicted XRP could climb to $50. If that happens, the 5,589 XRP would grow to a value of $279,450.
Meanwhile, another analyst, BarriC, believes XRP price could claim higher levels. As a result, he forecasted a price as high as $100. At that level, the same amount of XRP would be worth $558,900, over half a million dollars in profit from the original investment.
Now, XRP futures are trading on the CME, ETF applications are under review, and more institutions are entering the crypto space. As a result, many believe the market looks primed for change. J4b1 expects these events to push XRP into a new growth phase.
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.
