- Jim Cramer dismissed XRP—now it’s outperforming major cryptocurrencies.
- XRP climbs past $3 after being doubted at $0.38.
- Investor gains surge as XRP defies early mainstream media criticism.
XRP has surged beyond the $3 mark, drawing fresh attention to past criticism from CNBC host Jim Cramer. In a resurfaced clip shared by NotFinancialAdvice (@NFAdotcrypto) on X, Cramer dismissed XRP when it traded at just $0.38, calling it part of a “random group of things.”
During the segment, Cramer grouped XRP with Dogecoin and Solana and compared them unfavorably to underperforming retail stocks like Stitch Fix and Rent the Runway. His remarks at the time caused a big stir in the crypto community, with many of his listeners taking offense at what they felt was an outdated view of digital assets.
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Today, XRP sells at $3.20, and this is an increase of more than 740 per cent since the comments. The token has gone as high as $3.65 but has slightly corrected after the surge. At the time of writing, XRP was priced at $3.1939 with a 24-hour trading volume of $6.28 billion according to CoinMarketCap data. According to the current figures, XRP is ranked the third-largest cryptocurrency in the world, with a market cap of $189.72 billion.
This price move corresponds to what traders call the Cramer Bounce, a tendency in which stocks that Cramer criticized actually experience subsequent growth.
Moreover, the 24-hour volume of XRP was at the level of $4 billion, despite the indicator decreasing by 43 percent compared to the previous trading day. There is $59.23 billion XRP in the circulating supply of the token, which is nearly 100 billion XRP. It is presently valued at $320.26 billion, indicating sustained investor interest.
Source: CoinMarketCap
XRP’s Breakout Reinforces Shift in Market Sentiment
The dramatic rise in XRP’s price highlights the ongoing divide between traditional financial commentary and actual market behavior. With XRP holding firm around $3, investor confidence levels are rising, thanks to ecosystem developments and rising adoption.
This new energy is despite the fact that analysts still doubt whether XRP has long-term utility. Nevertheless, traders and holders are purely interested in the current market growth and decreases, riding on volatility and popular opinion.
Those who had invested at an early stage at a price of $0.38 have now reaped humongous returns. A purchase of 5,000 XRP at that price would now be worth $16,000, showing just how far the token has come since it was publicly doubted.
The sudden surge of XRP past $3, contrasted against Jim Cramer’s previous criticism of XRP, shows that power is shifting in terms of financial influence.
As traders continue to challenge traditional voices, XRP’s rise marks another chapter in the evolving relationship between media commentary and crypto market performance.
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