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HomeCrypto NewsMarketExpert Says It's Crazy Most People Will Never Own 500 XRP

Expert Says It’s Crazy Most People Will Never Own 500 XRP

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Pro-XRP expert Edward Farina suggests that most people will never have the opportunity to own 500 XRP coins in their lifetime. 

Farina, the founder of Alpha Lions Academy, made the bold assertion in a recent X post as XRP’s price hovered around the $2 price region. 

“Isn’t it CRAZY how most people will NEVER own anything near 500 $XRP,” Farina remarked

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Currently, a portfolio of 500 XRP is valued at $1,075, with each unit of the coin costing approximately $2.15. While 500 XRP might seem attainable for investors as they currently cost around $1,075, Farina asserts that most people will never accumulate coins near that amount. 

Why Many Will Not Own 500 XRP 

Despite his conviction, he did not reveal why owning around 500 XRP could become out of reach for many investors. However, his assertion comes in the wake of positive developments within the XRP ecosystem. 

Growing Institutional Adoption 

In particular, several corporate entities have signaled interest in adopting XRP as a reserve asset. Earlier, Nasdaq-listed firm Trident Digital announced plans to raise $500 million for the establishment of an XRP treasury. 

Trident’s announcement follows the disclosure of similar initiatives by other publicly listed companies for XRP. Notably, Webus International filed with the SEC to create a $300 million corporate XRP treasury. Similarly, VivoPower, Wellgistics Health, and Ault Capital announced plans to establish XRP treasuries worth $121 million, $50 million, and $10 million, respectively. 

These proposed corporate purchases are expected to reduce XRP’s supply in the long term, potentially driving its price to unprecedented levels. 

If XRP eventually soars to around $10, as predicted by CryptoBull, this 500 XRP portfolio, currently worth $1,075, could increase to $5,000. At this price target, owning 500 XRP could become unaffordable for many investors. 

Psychological Barriers 

Another potential factor fueling Farina’s assertion is psychological barriers. Many investors struggle to hold XRP during significant market downturns or consistently accumulate it through dollar-cost averaging (DCA). 

As institutional adoption and FOMO (Fear of Missing Out) accelerate, potentially leading to massive price spikes, many might be unable to build a meaningful position of around 500 XRP. 

DCA Inability

The inability of many investors to dollar-cost average (DCA) into XRP, especially as institutional adoption soars, could prevent many from owning 500 XRP.

Famous wealth expert Matthew Sneider shared a similar sentiment earlier, warning that retail investors may not find any XRP left to accumulate through dollar-cost averaging (DCA). 

Strong Opposition

Some critics have consistently opposed XRP, stating that they won’t own even a single coin, let alone accumulate 500 of them, despite its significant growth in the past few months. This behavior likely stems from a dislike for the token, which has deterred them from investing in it. 

Farina Bullish on XRP 

Meanwhile, Farina has continued to express his confidence in XRP, projecting that the crypto asset could give early investors financial freedom. 

In January, he specified that owning 10,000 XRP, which costs approximately $21,500 today, is the best chance at achieving unimaginable financial freedom. He hinged this speculation on predictions about XRP’s potential surge to a lofty price target of $100. If this happens, a portfolio of 10,000 XRP would be worth approximately $1 million. 

Earlier this month, he asserted that accumulating 1,000 XRP before October 2025 is non-negotiable. The expert speculated that this 1,000 XRP portfolio would prepare investors for the European Central Bank’s potential rollout of the digital euro, which could benefit the broader crypto market, including XRP. 

In the meantime, XRP has experienced a slight growth of 2.19% over the past day, with its price soaring to $2.15. While owning just 500 XRP might seem trivial at the current price, it could become unattainable for everyday investors, especially as institutional lock-ups accelerate and price soars. 

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.

Author

Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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