XRP ongoing price performance has analysts warning that the days of “cheap XRP” may be coming to an end, and many could soon regret not buying earlier.
With XRP trading at $3, despite being down 5% over the past week, it boasts a 31% gain over the last 30 days. Looking at its one-year performance, XRP is up nearly 500%.
“Damn, I Wish I Had Some”: XRP Chart Could Soon Shock Observers
Amid this performance, XRP community figure “XRPee” recently tweeted that it won’t be long before people look at the XRP chart and regret not having invested earlier.
According to XRPee, that moment of realization may already be creeping in, as XRP’s price now hovers around $3, up significantly from its multi-year consolidation under $1. The recent breakout to $3.66 marked its highest level since the 2018 bull cycle, and many in the community believe this is just the beginning.
XRP Won’t Stay “Cheap” Forever
XRPee’s message aligns with previous warnings from other voices in the space. Last month, analyst John Squire argued that XRP under $5 should be considered a bargain. According to Squire, by 2030, the regret over not accumulating more XRP at current levels could be widespread, as the coin may be worth significantly more by then.
Edoardo Farina has also argued that once XRP truly decouples from Bitcoin and establishes its own macro narrative, the resulting price surge will leave most sidelined investors in disbelief.
Macro strategist Jake Claver shared a similar view. He continues to argue that XRP could be worth well over $1,000 if it fulfills its use cases in settlement infrastructure.
To its proponents, XRP’s relevance in Ripple’s payment corridors, its expanding stablecoin plans via RLUSD, and the growing number of tokenized assets on the XRP Ledger (XRPL) all point toward increasing demand-side pressure.
Mainstream Media Spotlights XRP
Also, a prominent U.S. media outlet recently fueled the investment case for XRP. Specifically, on August 2, USA Today called XRP the smartest crypto asset to buy for investors with a $500 budget. It cited the token’s real-world adoption, improving regulatory outlook, and strong fundamentals.
Compared to traditional investments like the S&P 500, where a $500 investment might yield around $50 annually, USA Today noted that XRP offers much higher potential returns, albeit with greater volatility.
Few Believe Before the Breakout
However, despite the growing number of prominent voices highlighting XRP’s favorable outlook, the coin still faces massive criticism.
The XRP community has long dealt with skepticism, especially during years of price stagnation. In 2022, CNBC host Jim Cramer infamously called XRP a “giant con” when it traded at $0.38. Today, it’s up over 790% since that statement.
Community analysts are now warning that XRP could be entering another “disbelief” phase, where the chart could go vertical while some remain on the sidelines, doubting XRP’s legitimacy until it’s too late.
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