Pundit Says XRP Holders Deserve Billionaire Status. Here’s why

XRP investors have endured one of the most prolonged and challenging stretches in the digital asset market, marked by legal obstacles, poor market performance, and regulatory uncertainty. Despite this, many have demonstrated a level of persistence that crypto commentator John Squire believes stands out. According to Squire, “If patience were a token, XRP holders would be billionaires already.” His comment comes at a time when XRP appears to be finally regaining some momentum after years of setbacks. If patience was a token, $XRP holders would be billionaires already. — John Squire (@TheCryptoSquire) June 8, 2025 Years of Market Pressure Define XRP Journey Following a historic surge of more than 65,000% between March 2017 and January 2018, XRP’s price performance deteriorated substantially. After peaking at $3.80 in early 2018, the asset went on a consistent downtrend, reaching a low of $0.1140 by March 2020. This represented a 97% drop from its record high. Despite a brief 177% price spike in November 2020, XRP faced renewed downward pressure the following month when the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple. This development triggered an over 65% drop in December 2020 alone, marking the asset’s steepest monthly decline on record. The SEC lawsuit not only impacted price performance but also created liquidity constraints for U.S.-based investors. Several major exchanges in the United States and Canada suspended XRP trading in the aftermath of the suit. While most leading assets capitalized on the 2021 bull run, XRP failed to reach its prior highs and was effectively sidelined. It rose to just $1.96 in April 2021, remaining far below its 2018 peak and falling short of joining the ranks of top-performing coins during that market cycle. Investor Retention Despite Market Downturn What stood out during this period was the remarkable consistency in investor interest. Data from Santiment reveals that there were approximately 986,000 XRP holders in January 2018. Instead of declining as market conditions worsened, the number of holders continued to rise. The total figure surpassed one million within a short span and kept growing, even amid the uncertainty introduced by the SEC litigation. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Between January 2018 and December 2022, XRP added over 3.53 million new holders. A notable portion of that growth occurred just after the lawsuit was filed, particularly in November and December 2020. While the market slowed following the Terra collapse in May 2022, the prior increase in holders signaled strong support for the asset even as price action remained weak. A Potential Turning Point Following a Multi-Year Decline Between November 2024 and January 2025, XRP gained nearly 600%, making it the top performer among major cryptocurrencies during a rally CNBC described as a Trump-led market-wide rally. For some, this surge was overdue. While it drew attention, longtime holders viewed it as just the beginning of a much broader upward move. Among those anticipating more gains is crypto analyst BarriC. In a recent post, he emphasized that he has no interest in selling at modest price levels, stating , “I didn’t buy $XRP at $0.10 to be completely shaken out at $2,” highlighting a $100 target as his long-term focus. This outlook is shared by others who argue that XRP’s current trajectory mirrors patterns seen in the 2017 bull cycle. Recognition of Endurance John Squire’s remark about the patience of XRP holders highlights a defining aspect of the community’s experience over the last seven years. Despite unfavorable conditions, many stayed invested. The recent rally may mark the beginning of a new phase. But for those who have waited through regulatory battles and repeated price collapses, the belief is that the payoff has yet to materialize. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit Says XRP Holders Deserve Billionaire Status. Here’s why appeared first on Times Tabloid .

Source: TimesTabloid