XRP Investor Turns $10K Into Six Figures Amid Ongoing Bull Run

XRP has once again taken center stage in the crypto market, with long-term holders witnessing massive gains as the digital asset climbs to new highs. One veteran investor’s story is capturing attention — turning a $10,000 XRP investment into nearly $200,000, signaling what some believe is only the beginning of a major XRP bull run.

In a recent tweet, prominent crypto analyst CrediBULL Crypto revealed that the XRP tokens he bought in late 2019 are now worth almost 20 times their original value. Back then, he acquired 53,692 XRP at an average price of just $0.1835 per coin, investing a total of $10,000. At the time, he was optimistic that this bet could eventually land him a Lamborghini.

Despite XRP facing major hurdles, especially the infamous SEC lawsuit that launched a year after his purchase, the asset has shown remarkable resilience. Analysts have pointed out how the legal battle constrained XRP’s performance, preventing it from soaring alongside other major cryptocurrencies during the 2021 bull market. The token’s peak that year was only $1.96, far from reclaiming its former all-time high.

But the tides have recently turned. With the lawsuit finally resolved, XRP has experienced a sharp rise in valuation. The token reached a seven-year high of $3.66, significantly boosting the value of CrediBULL’s portfolio. As of his latest update on July 17, his holdings were valued at $186,000, corresponding to an XRP price of roughly $3.46. With the subsequent price peak of $3.66, that same portfolio surged to an impressive $196,512 — an astonishing 1,865% return over about five and a half years.

Reflecting on the journey, CrediBULL noted that he faced harsh criticism over the years for remaining bullish on a coin many had written off. XRP’s extended period without breaking its all-time high had earned it skepticism from multiple corners of the crypto world. Yet, the latest rally has even prompted long-time naysayers like Davinci Jeremie to reconsider their stance. Jeremie is now among those publicly predicting a potential double-digit surge in XRP’s price.

However, not everyone is entirely convinced. Some commentators suggested that holding Bitcoin over the same time period might have yielded more consistent returns with less volatility. CrediBULL acknowledged that point, admitting that Bitcoin did deliver a solid performance, with fewer drawdowns along the way. Still, he maintained that XRP’s bull run is far from over.

He argues that while Bitcoin has already reached levels near its cycle peak, currently hovering around $120,000, XRP is just warming up. In a subsequent post, he emphasized that XRP is only entering the early stages of its bull market.

Supporting this belief is Santiment analyst Brian Quinlivan, who recently stated in a podcast that retail investors still haven’t fully jumped on the XRP bandwagon. While Bitcoin continues to steal the spotlight, XRP appears primed for a significant wave of retail-driven momentum.

CrediBULL remains firmly optimistic, expecting XRP prices to be dramatically higher in the next six to twelve months. One of his boldest forecasts puts XRP at $30 during this cycle — nearly nine times higher than its current value.

Related: XRP Price: $12M Max Pain for Bears

These developments underscore a renewed sense of enthusiasm surrounding Ripple’s native cryptocurrency. For believers like CrediBULL, this may just be the beginning of a long-overdue breakout for XRP — one that finally realizes the potential that was long stifled by regulatory battles and market skepticism.