Crypto market analyst EGRAG Crypto has publicly refuted the growing opinion that XRP has already reached its peak for the current market cycle at $3.40. According to EGRAG, the digital asset has significantly more room for upward movement, with projections ranging between $10 and $27 , depending on how the market evolves. In a recent discussion, EGRAG referenced a conversation with a former university classmate, now a blockchain professor in the United States, whom he referred to as Dr. Y. While Dr. Y, who holds a PhD in computer engineering, believes that XRP has already hit its cycle top, EGRAG strongly disagrees. He argues that although Dr. Y has a deep understanding of blockchain technology, he underestimates the powerful role that investor sentiment and psychological factors play in driving market behavior. #XRP – Cycle Top at $3.4 or $24?! Yes, you read that right. Today, I was having lunch with a good friend of mine from university days — let’s call him Dr. Y. He holds a PhD in computer engineering and teaches blockchain courses at an American university. He’s well-versed… pic.twitter.com/6Utf2JbtY3 — EGRAG CRYPTO (@egragcrypto) June 14, 2025 EGRAG recounted their university dynamics, noting that while Dr. Y focused on technical aspects like coding, EGRAG excelled in communicating ideas and market understanding. He believes this difference in focus still applies today, emphasizing that successful crypto investing requires recognizing the emotional and speculative components that influence price trends. Dr. Y pointed to global uncertainties, including rising U.S. debt , geopolitical instability, and the threat of war, as reasons to remain cautious about XRP’s price outlook. EGRAG, however, views these concerns as distractions. He argued that media narratives emphasizing global risks often overshadow the broader economic transformation driven by blockchain technologies. Tokenization Could Unlock Trillions in Real-World Asset Value EGRAG emphasized that tokenization, a process where real-world assets are represented on blockchains, could be a significant driver of value for digital assets like XRP. He identified several sectors that could benefit from increased liquidity, efficiency, and transparency through tokenization. For example, he highlighted global equity markets, currently valued at over $100 trillion , as a key area of opportunity. Tokenizing these assets could facilitate fractional ownership and improved accessibility. Additionally, the global derivatives market, estimated to exceed $600 trillion, could be streamlined through blockchain integration, reducing counterparty risks and operational inefficiencies. He also pointed to real estate, citing the $50 trillion U.S. property market and the broader $280 trillion global market as ripe for transformation. Tokenization could simplify transactions and enhance market participation. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Moreover, EGRAG referenced the $27 trillion locked in Nostro and Vostro accounts used in cross-border payments, arguing that XRP could enable more efficient liquidity management in this sector. Broader Applications Support XRP’s Bullish Outlook Beyond finance and real estate, EGRAG outlined additional sectors where tokenization could generate substantial value. He mentioned intellectual property rights ($5 trillion), collectibles and art ($1.7 trillion), debt instruments ($250 trillion), and gaming assets ($200 billion), all of which could benefit from blockchain-based ownership models. Other areas, such as healthcare data ($100 billion), energy credits ($50 billion), and music rights ($20 billion), were also highlighted as opportunities for increased traceability and accessibility through blockchain. Potential for Higher Valuation Before Any Major Correction While Dr. Y warned that a crash of up to 85% could follow the $3.40 level, potentially bringing XRP down to $0.42, EGRAG maintained that any such correction would more likely occur from a higher price point. If XRP were to rise to $24 or $27 , an 85% decline would place it back near the $3 to $4 range, still significantly higher than its current position. EGRAG Crypto remains optimistic about XRP’s future, asserting that the token has yet to reach its full potential in this market cycle. He believes that real-world use cases and the emotional dynamics of market participants will continue to push prices upward, challenging more conservative forecasts. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Says XRP Is Not Done Yet, Sets Double Digits Cycle Top appeared first on Times Tabloid .