"One of cryptocurrency's most dramatic price runs came from XRP ( ) in late 2017 and early 2018, when the token surged from roughly $0.25 in December to a peak above $3.30 by January-a 1,200% gain in about six weeks as markets exploded in a broader bull cycle. That rally became part of XRP price history. It reflected a flash of explosive gains that fueled mainstream headlines and turned casual observers into believers."
"Retail interest surged, new exchange listings made altcoins widely accessible, and media attention fueled further buying. Every major news outlet ran stories about Bitcoin millionaires, and dinner table conversations turned to crypto. XRP rode that wave . XRP was priced around $0.25 in early December and rose to approximately $2.30 by month's end, then peaked above $3.30 in early January 2018, marking over 1,200% gains in roughly six weeks."
"Technical charts show that XRP broke out of a long consolidation-months of trading between $0.15-$0.25-forming a large monthly candle, and extended the rally into January 2018. The combination of market momentum and broad retail participation drove the massive surge. Social media was flooded with "XRP to $10" predictions, and trading volumes exploded as everyone wanted in. The 2017-2018 rally shows what can happen when liquidity, accessibility, and viral interest align."
XRP advanced from about $0.25 in December 2017 to above $3.30 by January 2018, an approximate 1,200% gain in six weeks. The move occurred during a wider crypto bull market with rising Bitcoin and Ethereum prices, heightened retail demand, new exchange listings, and intense media coverage. Charts show a breakout from months-long consolidation between $0.15 and $0.25 that produced a large monthly candle and extended the rally. Viral social-media predictions and surging trading volumes amplified buying, while rapidly changing market conditions later produced sharp reversals. In 2025, regulatory clarity, ETF inflows and new on-ledger activity are noted as potential catalysts.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]