In 2030, you'll likely regret not buying $XRP, the expert explains

John Squire, a recognized media personality and key opinion leader in the cryptocurrency sector, has expressed confidence in XRP's long-term potential. He predicts that many investors will look back on 2030 and regret not buying this asset at current prices. His remarks come as XRP, along with the broader cryptocurrency market, is facing a prolonged downtrend. Over the past few months, cryptocurrency prices have plummeted. Since Jan. 20, global market capitalization has fallen by more than $1 trillion, with Bitcoin struggling to hold above $80,000. XRP has also experienced significant losses, with its market capitalization falling from a peak of $195 billion in mid-January to around $133 billion—a drop of $62 billion.

Despite this downturn, analysts remain bullish on XRP's future, pointing to its strong regulatory progress and performance by the end of 2024 as key indicators of growth potential. The decline of the current market presents a buying opportunity Squire thinks the current drop in XRP price is an important opportunity for investors to accumulate assets before its value skyrockets Some analysts share this view, arguing that corrections often allow for long-term strategic investments. A similar situation occurred in 2020 during the market crash caused by the COVID-19 pandemic. In March of that year, XRP fell as low as $0.1140, creating an entry point for investors willing to take risks. Those who invested $50,000 at the time secured about 438,596 XRP tokens. Even amid the current market downturn, that investment is now worth more than $1,008,771. He believes today's price movement mirrors the 2020 scenario and could yield similar potential gains. However, for this to materialize, XRP would need to increase in price significantly from its current price. At $2.40 per token, XRP is up 1,918% from its March 2020 low. Future Forecast for Token Price Growth If XRP increases by the same percentage compared to its current value, it could theoretically reach $46 per token. However, most price forecasts give more conservative expectations. For example, well-known market analyst EGRAG has predicted that XRP could reach $27, though he did not provide a specific time frame for this prediction. Meanwhile, analysts at cryptocurrency exchange Changelly have estimated that the token could trade between $13.86 and $23.10 by 2030. While Squire hasn't given an exact price target yet, his confidence in the token's long-term potential is in line with the overall market sentiment Many investors see the current price drop as a strategic buying opportunity, given historical patterns and growing regulatory clarity surrounding cryptocurrencies.