Egrag: ‘We’re Still Early on XRP’ as Public Overlooks Altcoins
Egrag Crypto, a leading market analyst, warned that XRP adoption remains in its infancy despite its $160 billion market cap. In a recent post, he shared an anecdote about friends from non-crypto sectors discussing only Bitcoin (BTC) and Ethereum (ETH), lamenting missed entry points but showing zero awareness of XRP or other altcoins such as HBAR, XLM, VET, FIL, DOT, DAG, XDC, VELO, and VRA. This story highlights the persistent focus on BTC and ETH, while utility-driven tokens like XRP stay largely undiscovered. Fellow analyst Mr. Spock agreed, noting that mainstream investors often equate crypto with high prices and only recognise assets after significant rallies. Trading near $2.80, XRP’s gap between institutional scale and retail awareness suggests ample room for growth. Combining personal anecdotes with data-driven indicators—Fibonacci targets and dominance charts—Egrag underscores that mass adoption of XRP is still ahead. For traders, this early stage of market recognition signals potential long-term opportunities.
Bullish
Egrag’s anecdote and data reinforce a bullish outlook for XRP. The fact that mainstream investors discuss only BTC and ETH—and remain unaware of XRP despite its $160 billion market cap—signals untapped demand. Historically, assets like Bitcoin and Ethereum experienced significant rallies when public awareness finally caught up. In the short term, this narrative may not trigger an immediate price surge until catalysts—such as regulatory clarity or major exchange listings—bring XRP into mainstream conversations. However, long-term, the gap between institutional scale and retail recognition creates a foundation for sustained price appreciation. Traders can view this as a strategic entry point, aligning with past patterns where delayed mass adoption resulted in parabolic runs.