In a post, he stated that anyone who has held XRP from its early price of $0.006 up to its peak price range of $3 is in line for a significant reward. Citing patience and perseverance, BarriC praised the loyalty of early investors. Accordingly, he hinted that their belief in XRP’s potential would soon be rewarded.
The message comes when XRP continues to face resistance around the $2 range, despite ongoing developments in the Ripple ecosystem and broader institutional interest in digital assets. Anxiety is quickly overtaking sentiment in the XRP community, as the asset’s price has stagnated for over three months.
Holders Will See Exceeding Expectations
Meanwhile, BarriC suggested that XRP is in a position to exceed all current price expectations. While he did not provide specific figures in this statement, he has previously claimed that XRP could reach $1,000 per token. He even speculated that this triple-digit figure could be attainable once banks begin leveraging XRP to move funds.
This sentiment aligns with popular speculation around potential catalysts for XRP price surge. Notably, the message concludes with a call for XRP holders to stay the course and avoid being shaken out of the market.
It reinforces a common narrative within the XRP community that deep-pocketed entities may attempt to shake out retail investors through prolonged price stagnation before the asset surges.
Holding XRP Since $0.006?
disagreement regarding claims of holding XRP since $0.006. According to some commentators, it’s unlikely anyone has held XRP for that long without selling. They argue that such early holders would have either retired or sold their holdings during previous price spikes.
For context, XRP last traded around the $0.006 range in March 2017. At that time, a $1,000 investment could buy approximately 166,667 XRP. Within a year, the asset reached an all-time high of $3.84. That same $1,000 investment would have been worth about $640,000 at XRP’s peak valuation.
Notably, in January this year, XRP attempted to break past its all-time high. However, it encountered resistance and has continued consolidating around the $2 mark.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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