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
