XRP News Today: XRP Influencer Draws Apple Parallel Amid 43% Monthly Gain

John Squire, a prominent crypto influencer, has drawn a parallel between the current state of XRP and Apple's position before the launch of the iPhone. He suggests that investors who are hastily selling their XRP holdings might be overlooking a critical moment, similar to those who sold Apple stock just before the iPhone revolutionized the tech industry. This comparison implies that XRP's true potential may not yet be fully reflected in its current price.

Squire's remarks come at a time when there is renewed interest in XRP, following recent price rallies. The cryptocurrency has shown resilience, reclaiming the $3 resistance level twice this week and positioning itself for further gains. However, for short-term traders, this could be an opportune moment to secure profits, given the 43% increase in XRP's value over the past month. Many XRP commentators are advising investors to adopt a long-term perspective, suggesting that the cryptocurrency's price could rise significantly in the future.

Squire argues that selling XRP now could mean missing out on substantial gains, similar to those experienced by early Apple investors who held onto their stock through the iPhone's launch. The iPhone, introduced by late Apple co-founder Steve Jobs in January 2007, marked a pivotal moment for the company. Prior to the iPhone's release, Apple's stock had a relatively flat trajectory, trading between $0.06 and $1 from 1981 to 2000, and gradually increasing to $3 by 2007. Following the iPhone's debut, Apple's stock soared to a peak of $260 by December 2024, representing a massive 6,900% gain from the $3 level it held before the iPhone’s release. As of today, Apple stock is at $210, showing an 8,566% increase from its peak price.

Many XRP influencers believe that the cryptocurrency is in a similar "pre-launchpad" phase. If XRP were to follow a trajectory similar to Apple stock after the iPhone, the hypothetical price surge could send XRP from $3 to $260. Some analysts have even more ambitious predictions, with some suggesting that XRP could create more millionaires than Bitcoin. This perspective is based on the belief that XRP could one day surpass $10,000, delivering returns comparable to those enjoyed by early Bitcoin investors or long-term Apple shareholders.

Several factors are contributing to this optimistic outlook, including the potential approval of multiple XRP ETFs, the possibility of XRP playing a role in a future U.S. digital asset reserve, corporate firms adopting XRP as a treasury asset, and the resolution of Ripple's lawsuit. The crypto community has witnessed how ETFs and corporate investments have significantly influenced prices, and the XRP Army is hopeful that a similar pattern could play out with their favored coin.