A prominent commentator in the cryptocurrency field has made a bold call. According to reports, Crypto Bitlord has urged every new investor to put all their money into XRP.

This warning comes after XRP surged to its highest level in seven years, above $3 and peaking at $3.60. This cryptocurrency has risen 21% in just one week, surpassing even Bitcoin's growth record.

An Impressive Comeback Brings a Bold Call

Bitlord points out that someone who invested $50,000 in XRP at around $0.60 last November would now hold about $289,000 as the price hovers around $3.47.

He reminds followers that XRP surpassed the $1 mark during last year's price surge and then exceeded $3 this summer. This unexpected boost led him to advise newcomers to the market to skip the usual research step and 'Put All Money Into XRP.'

Bitlord's track record on XRP has also seen twists. In mid-2023, he hailed this token when it was trading around $0.50–$0.60, only to retract those comments in July of the following year.

Some suggest his retreat is ironic, as the price has soon surpassed his original target. Based on the charts, he also outlined what he thinks XRP could achieve - predicting strong fluctuations that few other analysts dare to mention.

Criticism and Risks Remain

Despite the price surge, this altcoin still faces many obstacles. Its connection to Ripple and the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) creates uncertainty. Court rulings could go either way, and any ruling against Ripple could lead to a significant price drop.

Other analysts also agree with the optimistic view, encouraging investors to accumulate at least 10,000 XRP tokens. They stated he would not sell until the price of XRP reaches $100. That price would value 10,000 tokens at $1 million.

For many, that goal sounds distant. But analysts have pointed to XRP's history: it once traded at $0.002, leaving skeptics speechless when it hit $1.

Lofty Goals or Pipe Dreams?

Bitlord even set a target of $10 - an increase of about 180% from the current level. He believes some critics will have to 'go to the mental hospital' if XRP surpasses that mark.

He goes even further, claiming the previously joked about target of $1,000 is now within reach. Hitting $1,000 would push XRP's market capitalization into the trillions of dollars, far exceeding most assets in today’s market.

As the market heats up, investors face a choice. Some are drawn to the meteoric growth and optimistic forecasts for XRP. Others warn against betting everything on a single cryptocurrency token.

The numbers show that a balanced approach - diversifying capital into several different coins and establishing clear exit points - can help prevent the next major shock. Currently, XRP remains one of the most talked-about tokens in the cryptocurrency world. $XRP