John Squire, a media figure and opinion leader in the crypto space, expressed confidence in XRP’s long-term potential. His remarks come amid a bearish market trend.
Current Crypto Market Situation
In recent months, cryptocurrency prices have significantly declined. Since January 2023, the global market capitalization has dropped by more than $1 trillion, with XRP's market cap falling from $195 billion to $133 billion. Squire predicts that many investors will regret not buying this asset by 2030. 'In 5 years, everyone will wish they had bought XRP today,' he remarked.
Market Awaits a New Growth Phase
Despite the downturn, analysts remain optimistic, highlighting regulatory progress and XRP’s previous strong performance. Squire argues the current decline is a key opportunity for strategic investments. Similar opportunities arose in 2020, when XRP offered significant growth for risk-takers. To realize similar gains, XRP will need substantial price appreciation.
Future Price Growth Prospects for the Token
If XRP experiences similar price increases as in the past, it could reach $46 per token. Analyst EGRAG predicts a rise to $27, while Changelly experts foresee a range between $13.86 and $23.10 by 2030. John Squire does not specify targets but stresses the token’s long-term potential.
Analysts and experts highlight that the current correction in the digital asset market may pave new paths for strategic investments in XRP. This period could mark a new phase for building long-term positions for investors.
