Analyst: The price of $2 for #XRP does not reflect its true value despite significant developments
Despite XRP trading above $2.2, the well-known analyst Bampius believes that the current price is still below its true value, compared to the immense potential the currency has in the current market.
Compared to 2017: A historic jump without strong fundamentals
In 2017, #XRP experienced a rocket rise from $0.005 to $3.84 (all-time high), recording a growth of 64,000%, despite the lack of:
Real institutional adoption.
Regulatory clarity.
Supporting infrastructure.
The main driver back then was the fear of individual investors missing out (FOMO), without any strong technical or financial basis.
Why is the situation different today?
Today, the landscape has changed completely with significant developments, including:
Ripple's launch of its stablecoin RLUSD.
The company's collaboration with major financial institutions.
Greater regulatory clarity after the end of the dispute with the SEC.
Rumors about an IPO for #Ripple .
Despite these positive factors, the price of XRP has not approached its previous all-time high, leading Bampius to believe that the currency is "not fully activated yet."
Huge potential for a rise... but!
The analyst expects that if XRP repeats its 2017 performance (growing 64,000% from a price of $2.21), it could reach $1,414! However, he points out that this figure is speculative and depends on:
Institutional capital inflow.
Widespread adoption in financial sectors.
It also presents a conspiracy theory that the lawsuit against Ripple was an attempt to slow down XRP's rise so that institutions could prepare to enter the market.
In summary: Opportunity or risk?
Positives: Stronger infrastructure, institutional support, legal clarity.
Risks: The market may not react with the same enthusiasm as before, especially with competing currencies.
"XRP is no longer just a hype... but the market has not realized its value yet!" — Bampius
Do you think #XRP is about to take off again? Or is the analysis overly optimistic? Share your opinion! 🚀