Is Xrp still worth to break its previous 3.4$ ATH?

rodskee

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Quote from: mich on May 07, 2024, 12:03:41 AM

Well if you like to hodl coins with the stablecoin then here is news that is 'bullish'. Ripple CTO David Schwartz has now hinted there will be a USD backed stablecoin in June.
He did make his announcement in the last weekend in the XRP Las Vegas conference. https://www.binance.com/en-IN/square/post/7727771744610

well lets hope that this will help XRP supporters to at least have a little trust again because of
what have been happening inside this project and with a lot of issues from the government this ripple team is facing.

Quote from: saladin7000 on May 20, 2024, 01:38:17 PM

Currently the price of XRP is still stuck at $0.5221, of course this price has a very large price difference from the ATH value that has been achieved, namely $3.4 and it seems very unlikely that XRP will repeat this achievement.

stocked for years now , XRP seems like to never grow from 50 cents ?
sadly but there are lots of speculation since last year but nope, none comes
close to those prices.

saladin7000

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Currently the price of XRP is still stuck at $0.5221, of course this price has a very large price difference from the ATH value that has been achieved, namely $3.4 and it seems very unlikely that XRP will repeat this achievement.

makishart

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Quote from: Tahid12 on May 16, 2024, 06:45:16 PM

The era of xrp was about to over. I haven't seen any increasement or good sign since 6/7 years. That's why i already sold xrp years ago but after winning the case, it got another hype as well as another hope to continue its dominance in Crypto market. The current price of xrp is, $0.51 something and it won't take long to hit $1.5/2 value per each of xrp. It may hard but if once Bitcoin break $100k Value and xrp get upgraded, then there'll be possibility of xrp to jump that higher

Agreed, XRP has no demand this time. The coin is always getting stuck in the same place anytime. This indicates that if there will be more people lost their interest to buy XRP. The case against SEC has reuined the popularity from XRP. The daily transactions are always declining as people have been migrating to use the second layer solution.
So many people are seeing ripple as a security coin rather than utility coin. It's impossible for the price of XRP to jump higher without a big news. The ripple foundation was always cashing out their money.
This is also harming the progress of ripple in the market. I wonder what things that make people still buy this shitty coin. This coin has no utility like ethereum. Holding ripple will be worthless.

Jonyshake71

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New Altcoins altcoins are coming with new concept as well as many advanced technology. And that's why these altcoins get huge response. If xrp wanna continue its region, then it must be make itself update to competite with new altcoins. But it seems, xrp still so popular and that's why it still has big marketcap including largest community always as many supporters. So hope it'll be a valuable altcoin in bull run. Although it hard to predict that if it can break its previous ath of $3.4, or not. Nothing is impossible

Tahid12

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The era of xrp was about to over. I haven't seen any increasement or good sign since 6/7 years. That's why i already sold xrp years ago but after winning the case, it got another hype as well as another hope to continue its dominance in Crypto market. The current price of xrp is, $0.51 something and it won't take long to hit $1.5/2 value per each of xrp. It may hard but if once Bitcoin break $100k Value and xrp get upgraded, then there'll be possibility of xrp to jump that higher

mich

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Well if you like to hodl coins with the stablecoin then here is news that is 'bullish'. Ripple CTO David Schwartz has now hinted there will be a USD backed stablecoin in June.
He did make his announcement in the last weekend in the XRP Las Vegas conference. https://www.binance.com/en-IN/square/post/7727771744610

Mehedi72

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Xrp seems it trun into normal coin that no longer holding its potentiality but not fully a shitcoin yet. Their technology is good enough and it reacts like dead since long because of sec issue and when they won the case, xrp became able to rebuild its reputation and it cross near 80 cent something as effect of winning. But As far i know, case isn't completely done yet and recently a hacking incident happened with xrp which was confirmed by xrp team on Twitter and that's it dumped but price looks good. If case will be done, then xrp will pump more. But $3.4 will be long journey for xrp and i doubt, xrp won't complete it fully. Maybe $2 or $2.5 something max, according to my thought

mich

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Well if there is some history for bitcoin halving then xrp can make some big gains. If it has same pattern from 202o then we can see price of $5.2 per token.
We do not know if there will be the upward trend after bitcoin halving. But now we have to wait only few days for it.
https://thecryptobasic.com/2024/04/16/xrp-may-soar-942-to-5-2-after-bitcoin-halving-if-history-repeats/

WatChe

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Quote from: 2Pizza410000BTC on March 24, 2024, 12:11:50 AM

Holding money in USDT and XRP is not the same at all. Keeping money in USDT will not compensate my money but keeping money in XRP I think my money can lose a lot. Currently XRP has not improved its price much despite the top coins but unique coins have improved their prices a lot. Here I mostly blame the XRP developers for not improving the price of XRP coins because XRP is slowly losing popularity only due to negligence and incompetence of the developers. So I think it is very risky to keep money in this coin at this time.

XRP has immense supply of 55 billion coins in circulation and is continuously slipping down the list on CMC. It has gone up to touch 3$ price back in Jan 2018 and since then it hasn't gone much up. I think there are other potential alts then XRP to be considered for investments. Both USDT and XRP have different use cases, USDT is a stable coin whose whole purpose is to keep your money stable and away from volatility of Bitcoin. While XRP is developed for fast transfer of funds.

mich

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Well now Ripple did unlock 500 Million xrp tokens from the escrow. For them to do this in middle of a month did make investors wonder why it did that.
It is because it is normal for them to unlock 1 Billion xrp tokens on first day of every month. It has done that since year 2017.
https://thecryptobasic.com/2024/04/13/ripple-surprisingly-unlocks-500m-xrp-from-escrow-heres-why/

makishart

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Quote from: terrific on March 20, 2024, 04:01:55 PM

Maybe if there's already $5T-$10T worth of market capitalization in the entire cryptocurrencies. Because money's flowing in will be distributed once the bull run is done for Bitcoin as we all know that altcoin season is totally crazy but I wouldn't expect that to happen anytime soon.

It will happen in the next decade. It's impossible to happen without bitcoin having a very low block production to limit the inflation by the miners. Even this time a different scenario is happening because bitcoin ETF was not even driving altcoins to be bullish. There are so many altcoins that are still stuck in the same place which is bad for the people who have invested heavily on it. Im thinking that if altcoin must able to perform even better compared to the last season. Things have been changing a lot for altcoins caused by bitcoin keeps eating altcoin marketcap. Even some altcoins were gradually dumped at this time when bitcoin was still performing so stable at this time.
Im feeling if we are in the different trend at this time. Altcoins have not gotten the hype anymore. things have been moving slowly to the where the growth was not even based on bitcoin anymore. Bitcoin has been added by so many big companies and it has also giving stability to the price of btc but it's not for altcoins.
Market is not the same like what it used to be.

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Quote from: Silberman on April 11, 2024, 03:17:47 AM

Quote from: oktana on April 10, 2024, 05:26:21 PM

Yes, it is possible. Asides the fact that XRP is a good coin, we’re talking about cryptocurrency where anything is possible. $3.4 is not a lot and anything can happen over night. But XRP needs a new set of investors for that to happen. The forward and backward motion depends on what kind of investors that are backing the project. If they can achieve more investors this year, then I think that $3.4 is nothing.

If the previous ATH of 3.4 dollars was so easy to reach then why XRP has failed to reach it for 6 years? The truth is that even if XRP reached its previous ATH, is it that really a reason to celebrate? Since then bitcoin has reached new ATHs during two different cycles already, and taking into account the halving has not even taken place, we are about to see many ATHs during the next year, so anyone that invested their money in XRP during the previous years, just wasted their time, as they could have invested in bitcoin and obtain many times more money than what they could obtain with XRP.

Idk. But I think it has to do with the backing it has. Or would you say that even if XRP gets more investors it still won’t achieve the ATH? I understand the comparison with Bitcoin but you can only say it because we’ve come to see how it turned out. You can’t blame them for investing because they couldn’t have known. What if it was Bitcoin that was stagnant and XRP hitting the ATHs? The past may not have been good but I still believe XRP still has a shot.

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Quote from: oktana on April 10, 2024, 05:26:21 PM

Yes, it is possible. Asides the fact that XRP is a good coin, we’re talking about cryptocurrency where anything is possible. $3.4 is not a lot and anything can happen over night. But XRP needs a new set of investors for that to happen. The forward and backward motion depends on what kind of investors that are backing the project. If they can achieve more investors this year, then I think that $3.4 is nothing.

If the previous ATH of 3.4 dollars was so easy to reach then why XRP has failed to reach it for 6 years? The truth is that even if XRP reached its previous ATH, is it that really a reason to celebrate? Since then bitcoin has reached new ATHs during two different cycles already, and taking into account the halving has not even taken place, we are about to see many ATHs during the next year, so anyone that invested their money in XRP during the previous years, just wasted their time, as they could have invested in bitcoin and obtain many times more money than what they could obtain with XRP.

oktana

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Yes, it is possible. Asides the fact that XRP is a good coin, we’re talking about cryptocurrency where anything is possible. $3.4 is not a lot and anything can happen over night. But XRP needs a new set of investors for that to happen. The forward and backward motion depends on what kind of investors that are backing the project. If they can achieve more investors this year, then I think that $3.4 is nothing.

peter0425

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Quote from: iamaruf on March 20, 2024, 11:33:04 PM

Personally I think that XRP and USDT both are same Grin

In USDT you will not lose your money but XRP you can. You guys are thinking that I am fool why I amsaying this. If you see the price chart of BTC and XRP, BTC pumped 60-80% in this year but XRP? Not more than 10%. Compare with others coin. You will get nearly same results. If you think ATH maybe but I don't think it will be within 1-2 years.

We are nearing the bull run but we aren’t in it officially yet so we would have to see how it performs after the halving event. Lots of investors are still hoping to see some improvements from XRP and we all know how unexpected the market moves. I don’t think it’s the time to give up just yet. We still shall see Cheesy

Nothingtodo

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As always I want to invest in other altcoins but am not interested in investing in XRP because all the altcoins contemporaries of XRP have already done price correction in the market but XRP has not been hyped in the market so far. So I am not interested in investing in XRP for now and I will not invest in XRP in the future. But if XRP can win the SEC case, then there is a possibility that the market will make a pis correction and go up to the maximum ATH.

peter0425

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Quote from: terrific on March 20, 2024, 04:01:55 PM

Maybe if there's already $5T-$10T worth of market capitalization in the entire cryptocurrencies. Because money's flowing in will be distributed once the bull run is done for Bitcoin as we all know that altcoin season is totally crazy but I wouldn't expect that to happen anytime soon.

lol , XRP have reached that ATH when the market capitalization is just a Trillion dollars so why need to wait for 5-10 trillion more for the ATH to be broken once again?
the main issue here in this matter is the support of investors in ripple after what had they face in the past and up to now their issues that hinders investors to put their money back.
that is the biggest issue here.

Essential10

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The top altcoin prices have risen around the rise in Bitcoin price but I have not seen XRP develop much. XRP has underperformed in the current market. As with many top coins, it often takes a lot of analysis to predict how some will perform in the future. Since XRP is one of the top coins, I think the coin can take it to a more favorable place in the future. It is difficult to analyze whether a few will be good projects to hold in the future but I believe if the bull season starts after Bitcoin halving, the coin may break past price records and go to new highs.

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Quote from: Dr.Osh on March 12, 2024, 12:37:41 AM

Well, if you look at the current bull market, altcoin prices have risen, but XRP still hasn't shown a significant increase, in fact there is still very little increase. I am quite optimistic in saying that XRP is a good coin, and maybe in the future it will reach its new ATH. However, with developments like this, we don't know when that will happen. Maybe this will be a long-term investment if you choose XRP.

It's a very confusing project I mean they are not talking much about their fundamentals or what they are solving and how much they are accurate about the solutions they have claimed that they have solved them. Everyone is just talking about their SEC case and if it wins it'll go up to a high margin and profits will come.

I think that's not a nice strategy to judge a coin and invest in it. It could be a game changer I'm not in a denial but I think there are more promising projects than XRP to invest in. There are positive hopes from the predicted they think that itll go up to 4-5$ as 2025 will close up but I don't agree with them.

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Quote from: iamaruf on March 20, 2024, 11:33:04 PM

Personally I think that XRP and USDT both are same Grin

In USDT you will not lose your money but XRP you can. You guys are thinking that I am fool why I amsaying this. If you see the price chart of BTC and XRP, BTC pumped 60-80% in this year but XRP? Not more than 10%. Compare with others coin. You will get nearly same results. If you think ATH maybe but I don't think it will be within 1-2 years.

Holding money in USDT and XRP is not the same at all. Keeping money in USDT will not compensate my money but keeping money in XRP I think my money can lose a lot. Currently XRP has not improved its price much despite the top coins but unique coins have improved their prices a lot. Here I mostly blame the XRP developers for not improving the price of XRP coins because XRP is slowly losing popularity only due to negligence and incompetence of the developers. So I think it is very risky to keep money in this coin at this time.

Topic: Is Xrp still worth to break its previous 3.4$ ATH? (Read 1294 times)