In a playful yet bold prediction, XRP community commentator “XRPee” recently offered a compelling view of XRP’s potential future value.
The commentator painted a scenario where dormant XRP wallets could unlock holdings worth tens of millions of dollars.
Specifically, he envisioned a moment ten years from now when a popular tracking platform, Whale Alert, could draw attention to 100 XRP tokens reactivated from a dormant wallet, and those tokens would be worth $13,000,003 by that time.
This speculation takes inspiration from recent events in the Bitcoin community, where dormant BTC tokens, after decades of inactivity, come back into circulation. The tokens, which were often worth very little at the time of their last transaction, are now worth millions based on today’s prices.
For instance, just two weeks ago, a dormant wallet containing 50 BTC (now worth $3.7 million) moved for the first time on October 25, 2024, after 14.3 years of hibernation. Interestingly, the 50 BTC was worth just $2 at the time of its last activity in 2010.
This means the investor procured the assets at around $0.04 per token, and in 14 years, the unit value of Bitcoin has soared to $75,000. This resulted in an astonishing return on investment (ROI) of over 187,499,900%.
What if Something Similar Happens with XRP?
Remarkably, XRP is also relatively cheap today, with a price around $0.53. Essentially, XRPee speculates that something similarly remarkable could happen within the XRP ecosystem in the next decade. In this scenario, 100 XRP tokens worth just $53 today could be unlocked in 2034 at a value of $13 million.
This would imply an astounding unit value of $130,000 per XRP token in ten years’ time. The projected ROI from today’s value of XRP would be an extraordinary 24,528,201%.
Notably, the post by XRPee was both speculative and humorous, yet it tapped into the ongoing optimism within the XRP community about the cryptocurrency’s long-term potential. The projections reflect the hope many investors have for XRP despite the asset’s underperformance in recent years.
XRP has been trading for under $1 for the past three years and last reached an all-time high around seven years ago. Meanwhile, Bitcoin has surpassed previous cycle peaks twice, with a new peak now at $75K. In contrast, XRP remains around $0.53, much like it was last year.
Nevertheless, XRP proponents continue to hold out hope that XRP could one day be worth $100, $1,000, or even $10,000.
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.
