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HomeCrypto NewsMarketExperts Say in Just 5 Years Everyone Will Wish They Had Bought XRP Today

Experts Say in Just 5 Years Everyone Will Wish They Had Bought XRP Today

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Social media influencer John Squire has warned market participants that those not holding XRP today could regret it by the end of this decade.

In a tweet, he boldly asserted that many would wish they had bought XRP five years from now. Notably, XRP is currently trading at $2.18, and Squire believes the coin could be worth significantly more by 2030.

While he did not provide a specific price projection, his warning suggests many might regret not buying more XRP while it was around $2, as it could far surpass that price range.

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Edoardo Farina, founder of Alpha Lions Academy, expressed a similar sentiment in a separate commentary. He specifically urged market participants to buy XRP now, while he believes the coin is still selling at discounted prices. This perspective supports the view that XRP could be worth much more than $2 in the coming years.

Looking Back at XRP Five Years Ago

Indeed, looking back five years, those who bought XRP are in a much better position today. As of June 2020, XRP was trading as low as $0.1745. Compared to today’s price of $2.18, that represents a massive 1,149% gain.

To put this in perspective, someone who invested $10,000 in XRP five years ago could have purchased approximately 57,306 tokens. At today’s price, that investment would be worth around $125,000.

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This historical performance may be shaping the perspective of XRP advocates, who warn that investors could regret not buying XRP “cheap” now by the end of the decade.

Bullish Factors

Beyond historical performance, many are bullish on XRP due to its fundamentals. Martin Hiesboeck, a researcher at crypto exchange Uphold, argues that the current price may be the final entry point before a major move, citing multiple catalysts:

Spot XRP ETF Decision: The SEC will rule on Franklin Templeton’s application soon. A green light could propel XRP in a similar way to how Bitcoin’s ETF approval affected its price in early 2024. Other asset managers like Grayscale and Bitwise are also seeking to list XRP ETFs.

Institutional Adoption: Companies are adopting XRP as part of their treasury assets. Notable names include Webus International, Nasdaq-listed VivoPower, and Wellgistics.

Upcoming Events: Hiesboeck also points to the upcoming Federal Reserve meeting (June 17–18). A potential rate cut could trigger a broader altcoin rally, benefiting risk assets like XRP. 

Additionally, the XRP Ledger APEX Summit(June 10–12) could spark investor optimism if Ripple unveils major developments in AI, DeFi, and cross-chain technology.

How High Can XRP Get by 2030?

In a hypothetical scenario where XRP repeats its historical performance, a 1,149% surge from its current price would place it at approximately $27.23 by 2030. 

While speculative, several analysts, including EGRAG, have mentioned this price level. EGRAG believes it could even materialize within this year. However, such projections remain speculative.

On the higher end, Teleagon analysts suggest XRP could reach $48 by the end of the decade. Meanwhile, Bitwise analysts offer a target of up to $30 by 2030. Yet, they also caution that XRP could fall as low as $0.10 in a bearish scenario where its fundamentals fail to materialize.

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.

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Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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