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‘Dogecoin Millionaire’ Quietly Accumulated XRP – Is a Massive Pump Coming?

The trader renowned for becoming a Dogecoin millionaire has been quietly accumulating XRP as stacking fundamentals bolster its 2025 price outlook.

Junior Content Creator

Harvey Hunter

Junior Content Creator

Harvey Hunter

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Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

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Last updated:

March 5, 2025

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'Dogecoin Millionaire' Quietly Accumulated XRP – Is a Massive Pump Coming?

The famous trader known as the ‘Dogecoin millionaire’ has revealed their quiet accumulation of XRP since its $0.40 lows in 2022, fuelling speculation of an impending surge.

Their comments come amid a major week for the XRP price forecasts, most notably its label as a potential U.S. strategic reserve asset on Monday, pushing the front-running altcoin up 35%.

However, these tailwinds have been largely snubbed by wider economic concerns—such as Trump’s “tariff war” and NATO tensions—limiting the leading altcoin’s weekly gain to 15.80%.

Dogecoin Millionaire Claims XRP is ‘Worth the Wait’: What Do They Know?

In an X post, SlumDOGE—aka the “Dogecoin Millionaire”—touted his XRP, Cardano, and Dogecoin investments at 2022 rock-bottom prices, citing them to be “tried and true projects, worth the wait.”

Bought a lot of $ADA at 24 cents

Bought a lot of $DOGE at 5 cents

Bought a lot of $XRP at 40 cents

These prices were around for a long time back in 2022 and 2023

I told y’all to buy when I was buying

But no one cared

Now y’all are coping trying to buy the next daily…
— SlumDOGE Millionaire (@ProTheDoge) March 5, 2025

These anticipations do come with merit. Since 2020, XRP has battled regulatory headwinds, but those pressures are fading as bullish fundamentals take center stage.

Under the Trump administration, XRP has been bolstered. Its potential role as a reserve asset along with the SEC acknowledgment of XRP ETF applications has set up catalysts for 2025.

However, X analyst MartyParty argues that XRP’s valuation has outpaced its actual utility.

They note that while XRP processes six times more transactions per second (7.84) than Cardano, it still lags 165x behind Solana.

Despite its massive $144.5 billion market cap, XRP’s network has yet to be tested at the scale required for high-volume trading.

XRP Price Analysis: Is a Pump Coming?

Despite these concerns, this week’s price action has triggered a potential breakout from a symmetrical triangle pattern forming since mid-January.

XRP / USDT 1D chart, symmetrical triangle breakout. Source: Binance.

While Trump’s reserve announcement sparked a false breakout, the following days have seen it fully materialize.

The Relative Strength Index (RSI) has climbed back to neutral territory at 52, while the MACD line remains above the signal line—both indicators suggesting that bulls have regained control.

If the breakout holds, it sets a potential target of $3.85, marking a 50% gain from current levels.

However, it should be noted that the immediate resistance zone between $2.7 and $2.8 will be a crucial indicator of the uptrend staying power.

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The Dogecoin Millionaire’s successes underscore the fact that Investors who back the wrong horse are missing out on those limited bull market gains.

This is the final year of the four-year halving cycle, where the real money is made, and MIND of Pepe ($MIND) is positioning traders to get in early and stay ahead.

As a self-improving AI, MIND of Pepe is designed to deliver exceptional value to $MIND token holders.

It will actively engage with the crypto community through its X account—driving conversations, uncovering alpha opportunities, and delivering exclusive, token-gated insights.

Inside its Telegram community, holders get early access to high-potential tokens before they hit the market, keeping them ahead of the curve.

At the time of writing, MIND has raised over $7.1 million in its ongoing presale, capitalizing on the Pepe brand and one of this cycle’s strongest meme coin narratives: AI agents.