A crypto pundit and market commentator has commended the patience of XRP holders amid years of extensive market struggles.
XRP: From Zero to Hero? During the Trump Rally from November 24 to January 25, CNBC described XRP as the top performer, citing an almost 600% upward movement. But before dubbing XRP holders lucky, remember nonetheless: this “overnight” success came only after investors had worked patiently for years.
“Patience is the name of the game in the crypto world, certainly if price volatility could become a digital asset for trading; XRP holders would be the wealthiest bunch of people on Earth. Market commentator John Squire recently brought forth this exceptional example of liquidity, commenting on how investors in XRP have gone through seven long years of price volatility as a show of their perpetual faith.”
John Squire on X
XRP Faced a Turbulent Period After 2018
The story behind XRP is a rollercoaster ride. Imagine a rocket launch, rocketing over 68,000% from early 2017 to the start of 2018. Then the engine sputters. A long two-year degradation almost erased all those gains and culminated in a gut-wrenching low of $0.1140 in March 2020. That is a staggering 97% plunge from the $3.8 peak; the fall, as well as the grace, left investors in shock.
XRP’s November 2020 surge of 177% was a short-lived mirage. Just when the cryptocurrency appeared ready for a gargantuan leap, a bombshell was dropped by the SEC: a lawsuit against Ripple. December ensued with the harsh fallout, XRP dropping in value a historic 67%, wiping out its gains, and freezing the asset in deep cold.
Bullish fortunes sank for XRP after December 2020. Cascading delistings from exchanges in the U.S. and Canada sparked waves of selloffs, washing the asset with bearish sentiment on the shore. Abandoned, XRP watched the 2021 bull run from the sidelines, plummeting in rank from the top 5.
Despite the years almost becoming a carnival for the majority of assets, XRP came late and went away early. While other assets soared, XRP lagged, barely reaching $1.96 in April, a full 92 percent below the glory days of 2017/2018. Call it missed opportunity, call it stumble, call it whatever you want, the fact stays that XRP did not get the memo of the bull run.
XRP Holders Remained Unperturbed Amid the Struggles
When the market was mauled by bears, investors in XRP stood their ground. In fact, the rallies of XRP holders only surged through all the mayhem. Such resilience is evidenced by Santiment data, which indicates a community of roughly 986,000 strong back in January 2018, at the peak of XRPs.
Then after the crash, a wonderful thing happened: the XRP army, enlarged, passed the one million holder mark. Then, against all odds the bear market’s frozen grip and storms of legal wrangling under the SEC lawsuit the faithful hodled while brave new entrants joined their ranks.
Total XRP Holders | Santiment
XRP community, contrary to all expectations, grew to more than 3.53 million new holders between January 2018 and December 2022. The plot twist: an acceleration in growthafterthe SEC lawsuit descended in November-December 2020, a defiant middle finger to market FUD. Nonetheless, even this frothing river of momentum could not flow in peace, as the chilling aftermath of Terra’s collapse in May 2022 froze down this rapid expansion.
Reward for Patience?
For years, manipulation was whispered about. That whisper gradually morpored into a roar, and XRP is fighting back. The explosive 600% surge from November 2024 to January 2025, upon consideration, constituted the opening firing in the long-awaited rebellion against alleged price suppression.
What were once hushed rumors are now growing into a roar as whispers fuel thoughts of an impending XRP explosion, much in the same way its ascent was fueled back in 2017. BarriC is an analyst and long-time hodler, sharing the sentiment: “I didn’t endure this long for a paltry $2 payday.” If anything, he and many other hopeful eyes are fixed upwards on the capacity of $100, possibly meaning that the waiting of the XRP faithful will soon be amply rewarded.
Thanks for reading If Patience Were a Token XRP Holders Would Already Be Billionaires: Pundit
