HomeCrypto NewsMarketPundit Says If XRP Crashes to $0.20, He’ll Buy So Much It “Won’t Even Be Funny”

Pundit Says If XRP Crashes to $0.20, He’ll Buy So Much It “Won’t Even Be Funny”

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XRP is under renewed pressure, and long-term bulls are determined to capitalize on the buying opportunity.

Notably, XRP is trading at $1.89, down more than 6% on the day, after losing the $2 psychological level. The token is now 16.42% lower over the past month and 19.32% down over the last eight weeks.

Against this backdrop, widely followed XRP pundit XRPee stirred discussion in the community by calling for an extreme price drop. In particular, he stated that if XRP were to crash as low as $0.20, he would aggressively accumulate. He considers such a move a once-in-a-lifetime opportunity rather than a threat.

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“I’m going to buy so much XRP it’s not even gonna be funny,” XRPee tweeted. “My face will be in the history books,” he added.

“$0.20 XRP Is Not Happening”

Meanwhile, many commenters do not agree with the premise. One commenter argued that XRP can never drop to $0.20, considering the outlook too extreme to be realistic. For context, a drop to $0.20 from the current level would amount to a collapse of 89.41%.

Factoring in XRP’s July peak of $3.66, the potential outcome becomes even more dramatic — a 94.5% fall. Despite this, XRPee maintains that the outlook is possible.

However, Steamer Cap warned that a crash of that magnitude could bring severe exchange illiquidity, making it difficult for most traders to buy the dip.

Other community members joined the discussion with their own hypothetical strategies. User Marculus said he already has a buy order waiting at $0.50, joking about waking up to find his capital fully deployed into XRP at that level.

Other market reactions
Other market reactions

Buying 1M XRP If Major Crash Happens

Meanwhile, XRPee’s tweet disclosing plans to buy XRP at extreme levels aligns with a growing trend. Earlier this month, veteran investor Pumpius tweeted he would deploy $1 million to buy 1 million XRP if the price drops to $1 each.

Pumpius, who bought Bitcoin in 2013, revealed he has placed limit orders to capitalize on a potential crash amid growing fears of another sudden price collapse, similar to October.

Notably, the overall theme in these discussions is that conviction in a major XRP bull run in the short term is low. Many are looking out for a bear season after 2025, which saw some crypto assets set new all-time highs.

How Low Could XRP Really Go?

In July, analyst EGRAG warned investors to consider downside risks in the next bear market. He outlined two key scenarios in which XRP could crash 97% to $0.80 or 85% to $1.30, depending on the peak price the coin attained.

Interestingly, EGRAG also noted that a sub-$0.30 price, while extreme, is not impossible given historical cycles. Despite bearish projections, he anticipates a final bullish surge above $3 before these scenarios play out.

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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