HomeCrypto NewsMarketMillionaire Trader Says XRP to $8 Is Next Chapter, as Generational Wealth Journey Nears Its End

Millionaire Trader Says XRP to $8 Is Next Chapter, as Generational Wealth Journey Nears Its End

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A prominent trader has projected where XRP could head during its next leg up, suggesting that the generational wealth journey is close to an end.

XRP continues to struggle after its sharp rise at the start of the year. It jumped by 580% to reach $3.4 in January 2025, but later slipped below that zone and has dealt with steady selling pressure around $2. XRP recently dropped under this level again and now trades at $2.18, leaving many holders frustrated.

Despite the recent weakness on the back of a broader market downturn, several pundits believe XRP still has room to run. One such pundit is well-known trader The Bearable Bull, who says XRP’s next major move could take it to $8. He called this coming phase the next chapter for XRP.

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XRP Generational Wealth Journey Nears an End

In a post on X, The Bearable Bull said he expects XRP to climb toward $8 and called this stage the closing stretch of what many long-term investors once viewed as a path toward generational wealth. According to him, this would mark a new beginning for the XRP community. 

Speaking on his personal journey, he noted that he stayed anonymous for seven years while building several successful crypto businesses. According to him, privacy gave him room to speak openly, build quietly, and avoid the pressure that comes with sudden fame at a young age.

He explained that staying out of the spotlight protected him from the emotional strain of managing large amounts of money under public eyes. Privacy gave him the freedom to make mistakes without loud criticism. Now, he says he feels prepared to step forward and make a wider impact because he has reached the limits of what he could achieve while remaining unknown.

Meanwhile, in a subsequent message, The Bearable Bull said holding XRP for eight years challenged him more than most people realize. He said he often felt right about his views but still suffered financially from what he believes was government interference. Despite the hardship, he insists the struggle is about to pay off. The run to $8 could be the start of this new phase.

The XRP to $8 Target

Interestingly, other analysts have also projected the $8 target. In February, market analyst Dark Defender said XRP was forming a corrective Wave 2 in a five-wave pattern and predicted the fifth wave would lift the token to $8. 

Meanwhile, last November, analyst EGRAG Crypto said XRP could break above $8 if it captured 10% of the $5 trillion crypto market valuation that Ripple CEO Brad Garlinghouse projected at the time. 

However, another market commentator, Xena, said $8 is a reasonable goal for this year, but urged investors not to limit their expectations because she believes XRP could climb much higher. Notably, at $8, most XRP holders may not secure life-changing gains.

For context, roughly 5.96 million wallets, or 81.6% of all XRP wallets, hold 500 XRP or less. At today’s price of $1.94, 500 XRP equals about $970. If XRP reaches $8, that amount grows to $4,000. Essentially, should XRP grow to $8, over 81% of XRP wallets would only make $4,000 or less.

XRP Rich List
XRP Rich List

Notably, other analysts believe XRP has the potential to reach higher targets. For instance, EGRAG predicts possible long-term upside toward $27, levels where 500 XRP would be worth $13,500. However, hitting this price area would demand more from XRP.

In addition, while The Bearable Bull focuses on the push to $8, he also looks further ahead. Two months ago, he predicted that a BlackRock XRP ETF would eventually launch. At the time, he said he expected XRP to rise to $8 to $10, while still seeing a possible cycle peak at $27. Today, two spot XRP ETFs from Canary Capital and Bitwise have already launched, with more on the way.

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

Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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