XRP has slid 5% in the past day, slumping below $3 and struggling to recover amid a market-wide bloodbath.
While the move unsettled some traders, influential voices within the XRP community continue to urge calm. They frame the dip as both temporary and even a golden opportunity.
Sub-$3 XRP a “Psyop”
In reaction to the XRP dip, advocate Alex Cobb dismissed the sentiments surrounding the current price action. He argued that XRP under $3 is “not real,” but rather a tactic to shake investors out of their positions. “It’s a psyop to steal your coins,” he said.
Cobb suggested that institutions like BlackRock could be the real beneficiaries if retail holders panic-sell their tokens cheaply. He predicted XRP would rebound to $3.60 before the end of the month.
He went on to reinforce his long-standing view that XRP is not just another crypto asset but “digital oil” to power the financial world. In particular, Cobb framed XRP as the greatest investment asset of all time.
This bold perspective is rooted in XRP’s inherent utility and the perceived future value its proponents ascribe to it. They view the current price range as undervalued and see a future where it trades closer to Bitcoin’s level.
For instance, Cobb’s December outlook for XRP sees the coin trading above $20, a price that would give it a trillion-dollar valuation, a landmark only Bitcoin currently enjoys.
“Massive Blessing” in Buying XRP Below $3
Notably, the belief that XRP is undervalued is widespread among members of the XRP community. Just two days ago, Coach JV, another influential voice in the community, described XRP trading under $3 as “a massive blessing.”
He stressed that wealth is not built when prices are up, but during quiet, sideways markets — periods when most investors grow impatient. Using a farming analogy, Coach JV likened today’s XRP market to planting seeds in barren soil. The real harvest will come to those who consistently accumulate through uncertainty and hold through downturns.
Essentially, the theme is that XRP remains “cheap,” and its future upside could be life-changing — at least in the eyes of the XRP Army. Within the community, projections for XRP’s eventual price range widely, from $10 to $100, to $1,000, and even $10,000.
Critics React
These bullish views often face resistance from other market participants. Responding to Cobb’s post, critic John Cash challenged the feasibility of the widely touted XRP valuations, pointing out that XRP’s massive supply limits its price potential.
He argued that even in an extreme scenario, XRP couldn’t reach $100 without an implausible $10 trillion market cap.
However, while many of the lofty targets stretch the bounds of market cap assumptions, they reflect the belief among long-term holders. Many argue that once institutional adoption accelerates, today’s sub-$3 levels will look like a historic bargain.
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.
