A prominent voice in the XRP community has drawn a remarkable parallel between XRP and Apple prior to the launch of its revolutionary iPhone.
According to influencer John Squire, those rushing to exit their XRP positions might be missing out on what he believes is a pivotal moment, comparable to investors selling Apple stock just before it transformed the tech industry.
The comparison suggests that XRP’s full potential may not yet be reflected in its current price. With Ripple’s ongoing partnerships, XRP’s utility in cross-border payments, and increasing talk of mainstream adoption, Squire’s remark adds to the voices encouraging long-term conviction.
His statement comes amid renewed interest in XRP following recent price rallies. For context, XRP reclaimed the stubborn $3 resistance level twice this week and appears ready for an even greater breakout.
However, for short-term traders, this may be a good time to lock in profits. For context, XRP is up 43% on the monthly timeframe. Meanwhile, many XRP commentators are urging investors to adopt a long-term view, suggesting that XRP’s price could climb much higher.
Squire argues that those selling XRP now risk missing out on the kind of gains seen by those who believed in Apple and held onto their stock until after the iPhone launched.
Apple Stock Price After the iPhone
Notably, late Apple co-founder Steve Jobs introduced the iPhone in January 2007. The announcement was a game-changing moment.
A market chart from TradingView highlights the relatively flat trajectory of Apple stock from 1981 to 2007, compared to its explosive growth afterward.
The stock traded between $0.06 and $1 from 1981 to 2000, gradually increasing to $3 by 2007. From then on, following the iPhone’s debut, Apple’s stock soared to a peak of $260 by December 2024.
As of today, Apple stock is at $210, representing a massive 6,900% gain from the $3 level it held before the iPhone’s release. Compared to the peak price, the gains are even more staggering, showing an 8,566% increase.
Will XRP Follow the Same Path?
Now, XRP influencers increasingly believe that XRP is in a similar “pre-launchpad” phase. Interestingly, if XRP were to follow a trajectory similar to Apple stock after the iPhone, the hypothetical price surge could send XRP from $3 to $260.
Many analysts have already teased such price predictions, with some issuing even more ambitious targets.
Some observers, like Amonyx, have boldly claimed that XRP will create more millionaires than Bitcoin. This perspective rests on the belief that XRP could one day surpass $10,000, delivering returns comparable to those enjoyed by early Bitcoin investors or long-term Apple shareholders.
Several factors are fueling this perspective, including the imminent approval of multiple XRP ETFs, the possibility of XRP playing a role in a future U.S. digital asset reserve, corporate firms adopting XRP as a treasury asset (similar to MicroStrategy’s Bitcoin strategy), and the resolution of Ripple’s lawsuit.
The crypto community has already seen how ETFs and corporate investments have significantly influenced prices. In parallel, the XRP Army is hopeful that a similar pattern could play out with their favored coin.
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.
