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Cryptocurrency News Articles

A Wave of Excitement Hit the XRP Space This Week After Commentator Chad Steingraber Suggested the Token Could Climb 100-Fold

May 18, 2025 at 07:30 pm

A wave of excitement hit the XRP space this week after commentator Chad Steingraber suggested the token could climb 100‑fold from its current level

A Wave of Excitement Hit the XRP Space This Week After Commentator Chad Steingraber Suggested the Token Could Climb 100-Fold

A wave of excitement hit the XRP space this week after commentator Chad Steingraber suggested the token could climb 100 times from its current level. According to his tweet, five XRP used to cost one back in December 2020. Now you’d pay about 12 for the same slice of the market. That leap from roughly 0.20 to 2.35 shows how quickly prices can move.

According to reports, XRP dipped to about 0.20 when the US Securities and Exchange Commission sued Ripple in December 2020. Traders who snapped up coins at that time saw a nearly more than 1,100% gain as the price climbed to $2.39 today. That jump turned small stakes into sizable wins for early buyers. It also reminded people how fast sentiment shifts can reshape opportunities.

“Just a few years ago you could buy 5 XRP for $1 – now that’s cost you ~$12 dollars. A 10x+ premium.

In the not too distant future, we will 100x from current prices.”

Early lows spark hope. According to reports, traders and investors are watching closely. A 100x move would take XRP to nearly 235 per token. At that level, XRP’s market cap would top 15 trillion. To put that in context, gold’s entire value sits around 11 trillion. Hitting 15 trillion would push XRP past most global banks and payment networks by a big margin. It’s a number that demands both massive use and wide adoption.

According to reports, faith in a near term surge isn’t universal. Some analysts in the XRP community point to 2017’s parabolic run for inspiration, suggesting gains could come in the current cycle. But more cautious platforms like Telegaon place the 235 target out near 2050. Other price predictions split the difference, seeing it arriving within a decade or more. Those wide gaps show how hard it is to pin down crypto’s future.

According to CoinCodex, XRP might drop by 22% to reach 1.85 by June 17, 2025. Their technical tools peg current sentiment as neutral while the Fear & Greed Index sits at 74, or Greed. In the last 30 days, XRP logged 13 green days and moved nearly 6% in price swings. That mix of signals hints at a market cooling off but still staying lively.

Traders and investors are watching closely. A 100x move sounds electric. Yet most experts treat it as a stretch rather than a baseline outlook. They point to regulation, real world use and broad finance trends as key factors. In crypto, rapid climbs can reverse just as fast. For now, Steingraber’s bold call joins a long list of “what if” scenarios that keep the community talking.

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Other articles published on Jul 07, 2025