#XRPPredictions
Analyst Dismisses Claims XRP Has Already Hit Its Cycle Top at $3.40, Predicts Surge to $24
Crypto analyst EGRAG Crypto has dismissed recent claims that XRP has already peaked in its current cycle.
In a recent commentary, he suggested that the crypto asset could still reach between $10 and $27, challenging suggestions that the cycle top sits at $3.40, a price XRP claimed during its uptrend in January 2025.
EGRAG Dismisses Claims XRP Has Already Reached Its Cycle Top
EGRAG based his argument on a conversation with an old friend from his university days, a blockchain professor he identified as Dr. Y. While Dr. Y holds a PhD in computer engineering and teaches blockchain at a U.S. university, he insists that $3.40 marks the peak for XRP in this cycle.
Notably, EGRAG revealed that he disagreed with this notion, saying his friend understands the technology but misses how markets move based on emotion and sentiment. According to him, he reminded Dr. Y of their university days when Dr. Y handled the coding while he delivered the presentations, and both of them earned top grades.
Areas Tokenization Could Help in RW Applications
He then discussed how tokenization could release trillions in real-world value. The analyst called attention to multiple areas where tokenization may help in real-world applications, arguing that this could help the prices of assets like XRP.
First, he explained that global equities, estimated at $100 trillion in 2024, could see a major change as tokenization increases liquidity and allows for fractional ownership. Also, derivatives, with a total market size of over $600 trillion, could also benefit by reducing risk and improving efficiency.
Speaking further, he pointed to real estate as another example, with the U.S. market worth about $50 trillion and global property valued at roughly $280 trillion. Tokenization could make buying, selling, and managing property faster and more accessible.
