bitcoin
bitcoin

$94444.949550 USD

1.37%

ethereum
ethereum

$3294.613848 USD

0.10%

tether
tether

$1.000005 USD

0.03%

xrp
xrp

$2.312224 USD

0.00%

bnb
bnb

$695.455139 USD

0.73%

solana
solana

$191.823826 USD

0.85%

dogecoin
dogecoin

$0.336070 USD

1.26%

usd-coin
usd-coin

$1.000093 USD

0.01%

cardano
cardano

$0.962405 USD

5.21%

tron
tron

$0.243191 USD

-0.03%

avalanche
avalanche

$37.663888 USD

3.71%

sui
sui

$5.107107 USD

10.01%

toncoin
toncoin

$5.263218 USD

1.16%

chainlink
chainlink

$20.361443 USD

2.74%

shiba-inu
shiba-inu

$0.000022 USD

3.72%

Cryptocurrency News Articles

XRP Price Trajectory From 2020 to 2025 and Predictions for the Future

Jan 10, 2025 at 09:50 am

Market analyst CryptoBull has sparked conversations by examining the cost trajectory of acquiring 10,000 XRP over the past four years.

XRP Price Trajectory From 2020 to 2025 and Predictions for the Future

The cost of acquiring 10,000 XRP tokens has varied significantly over the past four years, reflecting the altcoin’s volatile yet impressive growth trajectory. Here's a closer look at how the price has changed over this period:

In March 2020, at the height of the COVID-19 market crash, XRP's price plummeted to an all-time low of $0.11. During this period, investors could purchase 10,000 XRP for a total cost of just $1,100, making it one of the cheapest times to accumulate the altcoin in recent years.

By 2021, XRP's price had recovered from its previous lows, climbing to $0.20. This growth was largely driven by optimism in the crypto market, with XRP's price doubling from the previous year. To acquire 10,000 XRP at this price would set investors back $2,000.

During the crypto turmoil following the Terra ecosystem collapse, XRP's price dropped to $0.30. This price increase also reflected investor caution in the wake of the Terra ecosystem collapse and broader crypto market downturn.

As 2022 progressed, XRP's price remained relatively stable, hovering around the $0.30 mark. At this price, acquiring 10,000 XRP tokens would cost around $3,000.

In 2023, XRP's rally gained momentum, with the altcoin's price climbing steadily throughout the year. For several months, XRP's price hovered around the $0.60 mark, increasing the cost of acquiring 10,000 tokens to $6,000.

By December 2024, XRP's price had surged to $2.24, pushing the total cost of acquiring 10,000 tokens to an impressive $22,400. As of January 2025, XRP trades at $2.40, requiring around $24,000 for the same tokens.

Predictions for 2025: XRP at $33?

According to market analyst CryptoBull, XRP's price is set to skyrocket in 2025, with projections indicating a dramatic rise to an astonishing value of $33 per token. At this level, acquiring 10,000 XRP tokens would demand a staggering $330,000—a mind-boggling 1,275% rally from the current price of $2.40.

Other market analysts, including EGRAG and Bobby A, also share this ambitious outlook, suggesting that XRP could climb to a range of $27–$33 within the year. Notably, Linda Jones, a wealth mentor, attributes this potential growth to the token's 4-year market cycles, which appear to align with past bull runs.

Reaching a price of $33 would push XRP's fully diluted valuation to an incredible $3.3 trillion, an amount that surpasses the GDP of many nations. While the crypto market has seen meteoric rallies before, this prediction would require a perfect storm of market conditions.

Institutions adopting XRP on a large scale and a shift in market sentiment would be crucial. XRP's legal clarity following Ripple's partial victory against the SEC in

News source:www.tronweekly.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jan 10, 2025