XRP Dragon, a prominent figure in the XRP community, expressed a view that the asset could once again show significant growth, similar to its previous success.
XRP Price and Historical Achievements
XRP Dragon suggested that after the previous rise of XRP from $0.003 to over $3, the possibility of it reaching $3000 shouldn't be dismissed. This requires a 99,900% climb, which many see as unrealistic, but such optimism can be explained by the historical peak of the asset in 2017/2018.
Community Reactions to the Prediction
The statement from XRP Dragon has sparked a wide range of reactions among community members. Some acknowledged the historical price dynamics, pointing out that the increase from $0.003 occurred under conditions of low liquidity. Others noted that current market conditions differ significantly from 2017, and that without 'unprecedented global adoption', such a jump would be 'extremely unlikely'.
Utility Potential of XRP for Growth
XRP Dragon is convinced that future price movements of XRP will trend towards growth due to increased utility and a more favorable regulatory environment. Some experts predict XRP could reach $10,000 if it becomes a bridge for central bank digital currencies (CBDCs). The ongoing debate about the plausibility of a 99,900% price surge highlights a critical shift in focus from speculation to utility.
The discussions around XRP Dragon's prediction underscore the increasing importance of XRP's use in the real world and potential changes in investor expectations.
