XRP analyst Xena questions the significance of XRP reaching $8, highlighting that other tokens have experienced more substantial gains in a shorter period.
While a jump to $8 would represent a 240% gain for big holders, retail investors with smaller holdings would see less dramatic returns.
Some in the XRP community aim for XRP to reach $1,000, but experts believe achieving such high prices could take a decade or more.
Influencers are being criticized for hyping up the $8 target as a significant milestone, while everyday holders hope for a transformational shift in their financial situation.