Cryptocurrency

Buying XRP Now Is Like Buying Bitcoin at $40, Pundit Claims

XRP remains a focal point in the cryptocurrency market, with increasing attention from investors and analysts.

Recently, Amonyx (@amonbuy), a well-known figure in the digital asset space, stated that purchasing XRP today is similar to buying Bitcoin when it was valued at $40. based on market adoption and utility, this statement highlights the potential for significant price growth in the coming years.

Bitcoin’s Growth from $40 to Over $100,000

Bitcoin has demonstrated remarkable appreciation since its early days. In early 2013 when Bitcoin traded around $40, it was not widely recognized as a mainstream financial asset. Over time, increased adoption, regulatory developments, and increasing public interest contributed to its rise.

On January 20, 2025, BTC hit an all-time high of $109,114.88, a remarkable 272,687% increase from $40. The growing acceptance of Bitcoin as a store of value and its integration into financial systems played a crucial role in this price appreciation.

Many experts have compared XRP to Bitcoin. They see XRP as a superior asset. Bitcoin’s growth trajectory shows how a digital asset can appreciate when market conditions and adoption align, and XRP may be on the verge of this explosive growth.

XRP’s Market Position and Utility

Unlike Bitcoin, which primarily serves as a store of value and a decentralized digital currency, XRP is designed for financial transactions, specifically cross-border payments and remittances.

Ripple has secured partnerships with financial institutions worldwide to improve the efficiency of international money transfers. XRP’s primary advantage is its ability to facilitate fast and low-cost transactions.

Traditional financial systems rely on intermediaries, which can lead to delays and higher transaction fees. XRP’s blockchain-based solutions offer an alternative that enhances the speed and cost-effectiveness of financial transactions.

As financial institutions continue to explore blockchain technology, XRP has the potential to see wider adoption. Increased use in real-world applications can influence market demand, contributing to price growth.

What Happens If XRP Mirrors Bitcoin’s Growth

XRP is currently trading at $2.53. A 272,687% growth from its current level would place it at $6,901. This target surpasses some of the most bullish predictions by a large margin and shows XRP’s growth potential.

While it took Bitcoin over a decade to achieve this growth, XRP could reach this level much sooner because of its real-world utility, and potential to revolutionize global finance.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


Follow us on Twitter, Facebook, Telegram, and Google News

Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

Recent Posts

Bitcoin Shorts Face $1.5 Billion Liquidation Risk. Here’s Why

Bitcoin’s relentless rally has put bearish traders in a precarious position, with $1.5 billion in…

3 minutes ago

XRP at a Critical Juncture: Key Levels That Will Define Its Next Move

XRP is currently trading at $2.2942, down 4.98% in the last 24 hours. This decline…

23 minutes ago

Coinbase Set to Launch Cardano (ADA) Futures

Coinbase, one of the world’s largest cryptocurrency exchanges, is making a significant move by launching…

28 minutes ago

Ethereum (ETH) Price Analysis: Key Levels and Market Outlook

Ethereum (ETH) is currently trading at $1,894.88, reflecting a 2.21% decline from its previous close.…

36 minutes ago

Michael Saylor Says Bitcoin (BTC) Golden Cross Is Here: Details

Michael Saylor, one of Bitcoin’s most influential advocates, has issued a bold statement on what…

52 minutes ago

Dogecoin (DOGE) Poised for a Potential Upswing Amid Market Fluctuations

Dogecoin (DOGE) is currently trading at $0.1675, reflecting a 4.04% decline from its previous closing…

54 minutes ago