XRP has been on a tremendous rally over the past few months, with significant gains that have caught the attention of crypto enthusiasts and investors alike. Yet, despite these gains, renowned crypto YouTuber and analyst DustyBC believes that XRP remains undervalued and still “cheap” when priced below $5.fspar
XRP’s Stellar Performance
The past few months have been a rollercoaster for XRP, but the altcoin has outperformed many of its peers in the top 10 by market cap. Starting from a modest price around $0.50 in mid-November, XRP quickly broke through the psychological $1 target after President Donald Trump’s reelection. As the year progressed, XRP continued its upward trajectory, reaching $2 in early December and then surging to $3 by the middle of January.
On January 16, 2025, XRP even hit a seven-year high of $3.39, marking an extraordinary 600% gain from its pre-election prices. Despite these impressive numbers, DustyBC, who has a significant following in the crypto space, still views the token as “cheap” below $5.
Why DustyBC Thinks XRP Is Undervalued
DustyBC’s sentiment isn’t new. Back in March 2021, the crypto analyst made a similar observation when XRP was trading below $0.50, suggesting that it was significantly undervalued at that point. Fast forward to today, and XRP has experienced massive growth, more than 500% up from its March 2021 price. However, DustyBC maintains his stance that XRP is still undervalued and sees the price under $5 as a potential bargain for investors.
While the YouTuber didn’t elaborate on specific reasons behind his assertion, there are several factors that could explain why he views XRP below $5 as cheap. First, XRP is designed for fast and low-cost cross-border payments, which gives it significant utility in global financial systems. Ripple Labs, the company behind XRP, has focused on fostering this utility by integrating the coin into Ripple Payments and On-Demand Liquidity (ODL). This system is particularly useful for traditional financial institutions that want to settle cross-border transactions more efficiently.
Additionally, the resolution of Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) could play a key role in XRP’s future valuation. Many in the crypto space, including Ripple executives, are optimistic that the case will be dropped under the incoming administration. If this happens, it could bring a wave of institutional interest and adoption to XRP.
The Potential for Broader Adoption
Another key factor that could push XRP’s value higher is growing adoption in the financial sector. As more traditional financial institutions explore the use of cryptocurrencies for cross-border payments, XRP stands to gain significant traction. Ripple Labs is already seeing success in this area with its growing list of partners that leverage XRP for fast and affordable global settlements.
Speculation has also been building that the U.S. government, under the leadership of President Donald Trump, may take steps toward embracing cryptocurrency, potentially allowing the country to hold cryptos such as XRP in a reserve. If the U.S. were to adopt XRP as a reserve asset, it could signal a paradigm shift in how cryptocurrencies are viewed by governments worldwide. This kind of development could fuel a domino effect, prompting other countries to adopt XRP as part of their financial infrastructure.
The Road Ahead for XRP
With the combination of Ripple’s focus on expanding XRP’s use case, growing interest from financial institutions, and a potential resolution of its legal troubles, XRP is in a strong position to gain even more momentum. DustyBC’s assessment of XRP as a great opportunity under $5 aligns with the idea that the altcoin has a lot of upside potential.
Given XRP’s history of explosive growth and the broader market’s increasing focus on cryptocurrencies as a solution for global payments, it’s clear that XRP could continue to rise in value, especially if the regulatory landscape becomes more favorable. As a result, for investors looking for long-term growth potential, XRP could still represent an opportunity to enter the market at a relatively low price point, even as it surges toward higher levels.
Conclusion
XRP’s impressive rally over the past few months has captured the attention of many, and with its utility in cross-border payments, strong institutional backing, and potential regulatory clarity, it may only be a matter of time before XRP hits even higher targets. According to analysts like DustyBC, XRP below $5 remains a solid investment, making it an appealing option for those looking to accumulate while prices are still below the $5 mark.
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