Expert: Investors dissatisfied with the slow rise of XRP should look at Amazon’s growth from $0.09 to $229

Source: CryptoNewsNet Original Title: Expert Says Everyone Crying XRP Is Taking Too Long Needs to Look at Amazon Going From $0.09 to $229 Original Link:

XRP Holders Need to Adjust Expectations

XRP holders are frustrated with the slow price appreciation, but industry experts suggest they reconsider their expectations, especially when factoring in the time it takes for major tech companies to achieve success.

This comparison has sparked a new discussion about XRP holders’ patience, as the coin continues to underperform even amidst the push from ETF investments.

Amazon’s 254,933% Gain

In a tweet, popular XRP commentator 24hrscrypto1 highlighted Amazon’s historical chart, showing its rise from $0.09 in 1997 to over $230. Notably, the chart shows Amazon stock surged 254,933% over its lifetime.

Before this extraordinary performance, the early years were filled with skepticism and little mainstream attention. This example demonstrates that big winners typically take years before the market recognizes their full potential.

The commentator pointed out that many investors expect explosive returns but lack the patience to withstand the long consolidation phases that often precede those returns.

Frustration in the XRP Community

Indeed, XRP’s prolonged consolidation has left many investors impatient, especially considering recent bullish developments surrounding XRP. These include Ripple’s $2.5 billion investment this year and a major exchange purchasing nearly $1 billion worth of XRP within 30 days.

Despite these developments, XRP has dropped 26.33% in the past two months. While this performance has disappointed investors, the discussion suggests holders are overly anxious.

This highlights a point often overlooked by investors: the time required for technology to mature.

24hrscrypto1 noted that short-term expectations dominate modern markets. Many traders are seeking “Amazon-level” returns but are only willing to put in “microwave-level” patience.

Other Market Observers’ Views

24hrscrypto1’s post sparked significant reactions. Many expressed opposing views and stated that comparisons to Amazon may be exaggerated.

For example, user Mortimer pointed out that XRP’s historical chart is very different from Amazon’s. He emphasized that Amazon’s growth was exponential, while XRP’s chart has been far more stagnant, even over more than a decade.

In response, 24hrscrypto1 argued that Amazon’s chart appears exponential only because we are looking at it 27 years later. He said, “You’re comparing a finished product to one that has just been activated.” He added that XRP has not yet reached its “Amazon 2008 moment.”

Meanwhile, another commentator highlighted XRP’s historical performance, noting it rose from a bottom around $0.002 to over $2, a gain of 35,673%. However, bullish voices like 24hrscrypto1 argue that XRP has not yet entered an Amazon-like growth phase. This viewpoint suggests the anticipated bullish phase may still be ahead.

“A Very Dangerous Game”

Indeed, several analysts in the XRP community have used Amazon’s years of consolidation and eventual breakout to paint a bright future for XRP, as it continues to trade below $3.84 for eight years.

Some have even called for a $100 XRP price based on this theory. However, critics argue that this comparison is flawed.

For example, a veteran commented on 24hrscrypto1’s post, saying that comparing “unsupported” crypto assets to securities tied to real companies with actual revenue is “a very dangerous game.”