If Patience Were a Token, XRP Holders Would Already Be Billionaires: Pundit
The post If Patience Were a Token, XRP Holders Would Already Be Billionaires: Pundit appeared on BitcoinEthereumNews.com.
A crypto pundit and market commentator has commended the patience of XRP holders amid years of extensive market struggles. With a near 600% rally from November 2024 to January 2025, XRP was the best-performing asset among the top cryptocurrencies during the Trump-led market-wide rally, as confirmed by CNBC. However, while some might consider XRP holders lucky, they fail to acknowledge the years of agony suffered by these investors. John Squire, a market commentator, recently called attention to this. According to him, if patience was a crypto token, XRP holders would have already assumed billionaire status. This is due to their ability to hold the asset through seven years of price struggles. John Squire on X XRP Faced a Turbulent Period After 2018 For context, after surging over 68,000% from March 2017 to January 2018, XRP price stumbled considerably. This downturn continued for over two years, with XRP reaching a new low of $0.1140 by March 2020. Notably, this marked a massive 97% crash from the $3.8 all-time high. When XRP attempted a recovery push in November 2020, soaring 177% that month, it encountered a fundamental issue. Specifically, the SEC’s lawsuit against Ripple began the month after, triggering a 67% crash in December, XRP’s highest-ever monthly loss. The asset witnessed a bearish campaign after December 2020, as several U.S. and Canadian exchanges ceased trading. Massive selloffs also engulfed the asset, triggering intense bearish pressure. As a result of this, XRP missed the 2021 bull run and faced relegation below the top 5 list of largest assets. While other assets posted new gains in 2021, XRP failed to leverage the uptrend due to the bearish pressure, only rising to $1.96 in April 2021, 92% away from its 2017/2018 all-time high. XRP Holders Remained Unperturbed Amid the Struggles Notably, despite the bearish campaign,…
Filed under: News - @ June 15, 2025 10:24 am