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HomeCrypto NewsMarketOwning Just 10,000 XRP May Soon Be Impossible for 99% of Investors: Pundit

Owning Just 10,000 XRP May Soon Be Impossible for 99% of Investors: Pundit

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An XRP community pundit has suggested that 99% of average investors may soon be unable to purchase 10,000 XRP.

This disclosure came from Edoardo Farina, founder of Alpha Lions Academy and Head of Social Adoption at XRPHealthcare. Farina’s commentary comes from the belief that XRP’s price could surge astronomically from the current level, pricing out most investors.

Interestingly, Farina has consistently urged investors to procure as much as 10,000 XRP. According to him, this decision, which is still attainable to a lot of people right now, could be important for one’s financial freedom.

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Farina: Owning 10,000 XRP Could Soon Be Impossible to 99% of Investors

Now, he is suggesting that in the future, most might not have the opportunity to amass as many as 10,000 XRP tokens again. Currently, at XRP’s price of $2.23, these 10,000 tokens are worth $22,300. At this value, a few classes of investors are already priced out, but the bag remains within reach for most.

Farina believes this might not be the case in the future. Recently, the market pundit suggested that while he plans to start taking profit when XRP hits $10, he will hold most of his bag until the asset claims a $100 mark.

Notably, if XRP ever hit the $100 price, the 10,000 tokens, currently worth $22,300, would skyrocket to $1 million. This indicates that an average salary earner in the U.S. who makes $65,000 a year would need to save up for fifteen years without touching their annual pay to be able to afford 10,000 XRP at that time.

While XRP reaching $100 seems farfetched amid current market conditions, the prospect is not completely impossible, especially if the broader crypto market grows exponentially in the years to come. This confirms Farina’s suggestion that 99% of investors might not be able to afford 10,000 XRP in the future.

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Parallels with Bitcoin History

Interestingly, this situation occurred with Bitcoin following its early days. In May 2013, when BTC traded for an average of $110, early Bitcoin adopter Davinci Jeremie charged investors to procure a few tokens. Back then, 10 BTC would have been worth $11,000, something most investors would be able to procure.

Today, with Bitcoin trading for $105,443, these 10 BTC tokens are currently valued at $1.05 million, out of reach for a lot of investors. Farina, who believes XRP could take the same direction, is now urging investors not to miss out on the token. 

These calls began last year before XRP’s impressive run in the fourth quarter of the year. Specifically, in October 2024, Farina insisted that every ambitious investor should aim to hold 10,000 XRP tokens. At the time, XRP changed hands at $0.52 at the time, with 10,000 tokens costing $5,200. Today, these assets are worth $22,300.

Despite the increase in value, Farina believes a more meteoric surge is on the way. Last month, he predicted XRP could hit $100 if Bitcoin attained $500,000. As a result, he has persistently urged investors to amass at least 10,000 XRP now.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Sam Wisdom Raphael
Sam Wisdom Raphael
Sam Wisdom Raphael is a seasoned crypto news writer and journalist with 5 years of experience covering blockchain, DeFi, and crypto developments. Sam's active presence in the crypto community complements his deep understanding of the crypto space, allowing him to craft comprehensible price analysis reports and tackle technical blockchain concepts.

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