Projected XRP Price if It Mirrors 10% of Its 2017 Bull Run
Main Idea
The article explores potential XRP price projections if it replicates 10% of its 2017 bull run, discussing market cap implications and analyst observations.
Key Points
1. XRP's price surged from $0.005 in March 2017 to $3.31 in January 2018, a 66,100% increase during the 2017–2018 bull market.
2. In the 2020–2021 altcoin surge, XRP underperformed compared to rivals, partly due to its legal dispute with the SEC, now viewed as resolved.
3. A 10% replication of the 2017 rally could place XRP at $212 from current prices or $33.55 if starting from $0.50 in November 2024.
4. A $212 XRP price would imply a market cap of ~$12.57 trillion, positioning it among the largest global assets by market cap.
5. Analysts note similarities between current price structures and the 2017 fractal but caution that such gains are improbable without exceptional developments.
Description
Recent analysis shared by Digital Asset Investor on X considers a hypothetical scenario in which XRP replicates a fraction of its 2017–2018 advance. The exercise aims to illustrate the scale of price movement that even a modest portion of that historic rally would produce today, and to highlight the market-cap implications of such an event. XRP’s most dramatic appreciation occurred during the 2017–2018 bull market. The token rose from about $0.005 in March 2017 to a peak recorded on Bitstamp nea...
Latest News
- 10x Rise? Analysts Tip Arctic Pablo as the Top New Meme Coin to Invest in Now with Neiro Oversold and PENGU Staying Bullish2025-08-13 02:28:03
- Post-Bull Run Picks: Top 9 Meme Coins to Join for Long Term Before the Next Big 2025 Surge2025-08-13 01:19:08
- Projected XRP Price if It Mirrors 10% of Its 2017 Bull Run2025-08-13 00:06:54
- Pundit Predicts XRP Price if Bitcoin Hits $225k By December 312025-08-12 23:36:02
- XRP Rockets 9.9% Weekly — MAGACOIN FINANCE and VeChain Tipped as the Best Altcoins to Buy Under $12025-08-12 23:11:09