thecryptobasic.com
In a bold statement on X, media personality John Squire argues that the rising value of $XRP could trigger a wave of early retirements among its holders.
The claim comes at a time of renewed pessimism about $XRP’s price performance. The crypto asset has failed to engineer an impressive price run for over two months.
Trading at $2.06, $XRP’s 60-day trajectory shows a substantial 32% dip. Despite this discouraging performance, prominent voices in the crypto space continue to present hope to investors regarding a promising future for $XRP.
Squire is one such voice. In his commentary, he painted a future where the rapid increase in $XRP’s price could lead to massive financial gains for investors, enabling many to retire much earlier than they had planned.
“$XRP’s rise will trigger countless early retirements,” he wrote.
Early Retirement with $XRP
Notably, the price at which $XRP could allow investors to retire depends on individual financial goals. For some, making the first $1 million is sufficient for early retirement. This mostly applies to those holding a few hundred or a few thousand dollars’ worth of $XRP.
For instance, those holding 1,000 $XRP, worth $2,000 today with a $1 million retirement target, would have to wait until the asset appreciates by 500X to $1,000 per token.
However, those with significantly larger portfolios, like 100K $XRP, could easily seek retirement if the asset soars by a more moderate 4X to $10.
Meanwhile, Squire’s statement suggests this surge to lofty heights could come much sooner than many anticipate. In an earlier statement, he even suggested that investors might regret not holding enough $XRP as early as five years from now.
While $XRP’s recent performance has been underwhelming, its historical performance highlights a capability for phenomenal price actions. For instance, $XRP boasts a yearly gain of 252%, while Bitcoin’s performance shows only a 26% yearly gain.
Looking at $XRP’s all-time performance relative to its present price, the token has risen by 350X, meaning the earliest investors are likely on a path to financial independence.
Community Reacts
Squire’s comments have triggered interest in the crypto community, drawing responses from both critics and enthusiasts.
Community member Jenny Selina remarked that if $XRP is able to break above its previous highs and continue to rise, it does have the potential to make winners out of investors. Others agree that $XRP could create a path to freedom for holders.
Meanwhile, critics view this optimism as wishful thinking, especially among those who expect such an outlook in a shorter time frame.
“Not for me it won’t, I’ll probably be dead before that happens,” one commenter said. This perspective emphasizes that the wait to retire with $XRP could extend for years, especially for retail holders.
Not for me it won't, I'll probably be dead before that happens 😂
— JJuk69 (@JJuk69) April 1, 2025