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HomeCrypto NewsMarketHold Some XRP and Trade on XRPL as Life-Changing Opportunities Available for Pennies: Top Trader

Hold Some XRP and Trade on XRPL as Life-Changing Opportunities Available for Pennies: Top Trader

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Renowned trader D.I.Y. Investing says the XRP Ledger is on the brink of a major breakthrough, urging traders to get involved early while prices remain low.

In a tweet, he emphasized the urgency for traders to load up on XRP in their wallets and begin trading altcoins on the XRPL as soon as possible. He stressed that the network is on the verge of a significant breakthrough.

According to the trader, there are life-changing opportunities still trading at “pennies on the dollar” on the XRPL. Consequently, he warned traders not to overlook the potential of this ecosystem.

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XRP Ledger: Home to the Next Altcoin Boom?

The XRP Ledger is a decentralized, open-source blockchain known for its fast settlement times, low fees, and built-in DEX functionality. Although it has existed since 2012, its altcoin ecosystem is only now attracting growing attention due to the recent introduction of additional features.

A few months ago, Ripple CTO David Schwartz voiced support for the rising meme coin trend on the XRPL after accepting a gift of 15 DROP tokens from the team behind the DROP meme coin. Sharing his wallet address, Schwartz said he “likes this trend,” signaling a positive stance toward community-driven tokens.

The trend gained momentum following the launch of Memepad on Magnetic X DEX, a platform enabling users to create and launch meme tokens. According to The Crypto Basic, over 70 new meme coins emerged shortly after the debut.

Now, D.I.Y. Investing’s remarks suggest that the next wave of gains may not come from mainstream chains but from underexplored ecosystems like XRPL, where valuations are still modest and trading activity is just beginning to heat up.

What Will the Next Boom Look Like?

The XRP coin leads the XRPL ecosystem with a market cap of over $182 billion. At press time, XRP is trading at a seven-day decline of 11.3%, priced at $3.08.

According to D.I.Y. Investing, most market participants have no idea how massive the incoming XRP breakout could be. He suggested that the recent 70% surge in XRP might pale in comparison to what’s coming next, calling this the moment long-term holders have been waiting for.

In particular, he is forecasting prices as high as $30, a massive increase of 874%. For context, this would push XRP’s market cap from $180 billion to over $1.177 trillion.

Other XRPL Tokens

Another leading token in the XRPL ecosystem is Sologenic (SOLO), which ranks just below XRP with $177 million cap. It is currently trading at $0.444, a 12% discount from last week’s price. 

Despite the dip, SOLO retains an impressive 30-day gain of 80%, highlighting its strong performance during the recent global crypto bull run.

Other XRPL ecosystem tokens trading at significant discounts from their weekly highs include Phoenix (PHNIX), PONGO, XRPayNet, and Lucretius (LUC). These tokens have market caps ranging from $237,000 to $33 million.

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.

Author

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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