Here’s how much XRP is up since Jim Cramer said it’s ‘destined to be wiped out’

TheBitTimesCom
XRP1,56%
DOGE0,51%
LTC-0,05%
BTC-0,46%

During his Squawk Box appearance on December 16, 2022, Jim Cramer said XRP was “destined to be wiped out,” together with Dogecoin (DOGE) and Litecoin (LTC).

Squawk BoxThe Mad Money host viewed the cryptocurrencies as weak compared to Bitcoin (BTC) and thus not promising in the long run.

Mad Money

“It’s like $80 billion worth of non-Bitcoin that’s really destined to be wiped out. There are still people who conflate blockchain with them,” Cramer said.

“It’s like $80 billion worth of non-Bitcoin that’s really destined to be wiped out. There are still people who conflate blockchain with them,” Cramer said.

“It’s like $80 billion worth of non-Bitcoin that’s really destined to be wiped out. There are still people who conflate blockchain with them,”

“I think you should be negative on #crypto. I’m negative on $XRP, $LTC, and $DOGE because I haven’t been able to find anyone that takes them,” says @jimcramer. “It’s like $80 billion worth of non-Bitcoin that’s destined to be wiped out.” pic.twitter.com/lrFbjtT0Wn

— Squawk Box (@SquawkCNBC) December 16, 2022

“I think you should be negative on #crypto. I’m negative on $XRP, $LTC, and $DOGE because I haven’t been able to find anyone that takes them,” says @jimcramer. “It’s like $80 billion worth of non-Bitcoin that’s destined to be wiped out.” pic.twitter.com/lrFbjtT0Wn

Nearly three years later, however, the token is not only still alive but also enjoying a price Cramer would have found unthinkable back then.

Namely, XRP price has climbed from $0.35 after the broadcast to $2.41 at the time of writing, November 3, 2025, being nearly 590% in the green.

XRP price. Source: *XRP price. Source: * XRP continues to grow

While XRP has certainly grown since Cramer’s false predictions, the AI XRP price prediction outlook is still strengthening as new institutional developments fuel investor enthusiasm

Namely, the XRP ecosystem is set for a major expansion in November, with Canary Capital’s XRP ETF expected around November 13–14, followed by a Bitwise product later in the month. Ripple also rolled out Ripple Prime in the U.S. on November 3, offering spot prime brokerage and over-the-counter (OTC) trading services for major digital assets.

From a technical standpoint, XRP price forecast remains capped below key resistance, with a push to $2.90 contingent on clearing $2.70. Moreover, support near $2.40 continues to hold, suggesting limited near-term downside unless broader crypto sentiment weakens

Still, not everyone is convinced. Analyst Ali Martinez, for instance, warns of a possible retest of $2.25. Yet historically, November has been one of XRP’s strongest months, with a median 25% gain, lending support to near-term growth.

Featured image via Shutterstock

Featured image via ShutterstockFeatured image via Shutterstock

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

SBI Holdings Launches 10 Billion Yen Blockchain Bond With XRP Rewards

SBI Holdings has launched SBI START Bonds, a 10 billion yen blockchain-based bond program for retail investors, offering interest payments and XRP token rewards. The initiative highlights SBI's partnership with Ripple and aims to integrate digital assets into traditional finance.

GateNews12m ago

Garlinghouse Maintains Confident Tone on XRP Throughout 2026

Ripple CEO Brad Garlinghouse has maintained a positive outlook on XRP and regulatory developments throughout 2026, emphasizing institutional interest and the anticipated passage of the CLARITY Act despite XRP's price decline. His public statements highlight momentum in Ripple's business and project confidence in the crypto market's future.

CryptoFrontier2h ago

XRP Trading Volume Surges to $1.81B in Single Session, Holds Above $1.43

XRP trading volume reached $1.81 billion, driven by futures at $1.47 billion and spot trading at $341 million. Currently priced at $1.43, XRP is above the 200-day EMA, signaling bullish momentum and increased market participation.

GateNews11h ago

Exodus Wallet Adds Native XRP Ledger Integration and RLUSD Support

Exodus Wallet has integrated native XRP Ledger features, allowing users to manage XRP and Ripple's RLUSD stablecoin directly within the app. This upgrade enhances self-custody options and supports the growing market for RLUSD, which has recently been adopted as futures collateral.

CryptoFrontier11h ago

XRP Consolidation Signals Reset as Bullish Setup Emerges

XRP has recently rebounded to $1.39 after trading between $1.20 and $1.40 due to improved market sentiment. A significant drop in futures open interest reflects reduced speculation, while technical indicators suggest a potential bullish breakout, targeting $1.50 and possibly $1.80.

CryptoNewsLand12h ago

XRP Eyes Breakout as US Congress Revisits CLARITY Act

Key Insights: XRP price faces a decisive week as the US Congress debates the CLARITY Act, with legislative progress likely to influence short-term market direction significantly. Technical indicators highlight a potential breakout above $1.36, while mixed momentum signals suggest

CryptoNewsLand13h ago
Comment
0/400
No comments