The well-known trader dubbed the “Dogecoin Millionaire” has quietly accumulated XRP since its $0.40 lows in 2022, fueling speculation of a major price surge. His revelation comes during a pivotal week for XRP, with the token gaining traction as a potential U.S. strategic reserve asset. Monday’s announcement sent XRP soaring 35%, solidifying its position as […]
The well-known trader dubbed the “Dogecoin Millionaire” has quietly accumulated XRP since its $0.40 lows in 2022, fueling speculation of a major price surge.
His revelation comes during a pivotal week for XRP, with the token gaining traction as a potential U.S. strategic reserve asset. Monday’s announcement sent XRP soaring 35%, solidifying its position as a front-running altcoin.
However, macroeconomic concerns have limited its rally. Trump’s escalating “tariff war” and NATO tensions have overshadowed the bullish momentum, capping XRP’s weekly gain at 15.80%.
Dogecoin Millionaire Claims XRP is ‘Worth the Wait’ – What Do They Know?
In a recent X post, SlumDOGE—better known as the “Dogecoin Millionaire”—reaffirmed his confidence in XRP, Cardano, and Dogecoin, highlighting their resilience at 2022’s rock-bottom prices.
Bought a lot of $ADA at 24 cents
Bought a lot of $DOGE at 5 cents
Bought a lot of $XRP at 40 cents
These prices were around for a long time back in 2022 and 2023
I told y’all to buy when I was buying
But no one cared
Now y’all are coping trying to buy the next daily…
— SlumDOGE Millionaire (@ProTheDoge) March 5, 2025
He described these assets as “tried and true projects, worth the wait,” reinforcing the long-term investment case for XRP.
The sentiment is not without merit. Since 2020, XRP has navigated intense regulatory scrutiny, but those headwinds are fading as bullish catalysts take center stage.
Under the Trump administration, XRP has gained renewed support. Its potential role as a reserve asset and the SEC’s consideration of XRP ETF applications have set the stage for a breakout in 2025.
Despite this, not everyone is convinced. X analyst MartyParty argues that XRP’s valuation has surged ahead of its real-world utility.
While XRP processes six times more transactions per second (7.84) than Cardano, it remains 165 times slower than Solana—a key concern for its adoption at scale.
With a market cap of $144.5 billion, XRP has yet to prove its ability to support high-volume trading on par with faster networks.
XRP Price Analysis – Is a Breakout Coming?
Despite skepticism, XRP’s latest price action suggests a breakout may be underway.
The token has formed a symmetrical triangle pattern since mid-January, with this week’s movement hinting at a potential bullish resolution.
Initially, Trump’s reserve asset announcement triggered a false breakout, but subsequent trading has confirmed the pattern’s completion.
The Relative Strength Index (RSI) has recovered to neutral to bullish territory at 51, signaling renewed bullish momentum.
If the breakout holds, XRP could target $3.85, representing a 50% rally from current levels.
However, the key test lies in the $2.70–$2.80 resistance zone. A rejection at this level could stall the uptrend, making it a crucial point to watch.
This ICO May See Bigger Gains than XRP
The Dogecoin Millionaire’s success highlights a critical reality—investors backing the wrong assets risk missing out on the biggest gains of the bull market.
One project positioning traders ahead of the curve is MIND of Pepe ($MIND)—a self-improving AI designed to deliver exceptional value to token holders.
MIND of Pepe actively engages with the crypto community through its X account, uncovering alpha opportunities and providing exclusive, token-gated insights.
Within its Telegram group, holders gain early access to high-potential tokens before they hit the market—an edge that can make all the difference in a fast-moving cycle.
At the time of writing, MIND has already raised over $7.1 million in its ongoing presale, capitalizing on the Pepe brand and the explosive AI meme coin narrative.
To stay updated, follow MIND of Pepe on its official channels or join the presale on the MIND of Pepe website.
next