XRP Analyst Says 20,000 Coins Could Be Worth $190M
The post XRP Analyst Says 20,000 Coins Could Be Worth $190M appeared on BitcoinEthereumNews.com.
Analyst Egrag predicts that a 20,000 XRP portfolio could be valued at $190 million in the future, implying a unit price of $9,500—a 437,688% increase. This audacious forecast draws parallels with Strategy’s recent purchase of 20,356 Bitcoin for $1.99 billion, suggesting that XRP could mirror Bitcoin’s past success. Community reactions to the prediction are mixed, with some speculating on timelines ranging from a decade to 2045, while others dismiss the projection as delusional. Egrag, a well-known XRP analyst, recently made an eye-catching prediction on X suggesting that future holdings of 20,000 XRP could be worth as much as $190 million. At present, a portfolio of 20,000 XRP is valued at approximately $43,400. According to Egrag’s calculation, this scenario would require XRP’s unit price to surge by 437,688% to reach $9,500 per token. How the Bold XRP Prediction Came About Egrag’s prediction comes amid news that Strategy (formerly MicroStrategy), led by Michael Saylor, has acquired an additional 20,356 Bitcoin for $1.99 billion. Drawing a comparison between Bitcoin’s current market performance and the potential for XRP, Egrag implies that just as Bitcoin has shown remarkable growth, XRP could also experience an explosive rise. He emphasizes that the high-value outcome will be accessible only to early and strategic investors who consolidate their XRP holdings. Unsurprisingly, Egrag’s tweet has sparked discussion within the community. Some users express skepticism, questioning whether a price of $9,500 per XRP is realistic, while others humorously debate the feasibility of the projection. Comments range from playful disbelief to serious speculation, with some community members suggesting that reaching such a target might take a decade, while others propose a timeline closer to 2045. Notably, discussions have intensified around the idea that a $10,000 price target for XRP is not even far-fetched—some even label such figures as “conservative” compared to Egrag’s…
Filed under: News - @ February 28, 2025 12:23 am