Edoardo Farina, founder of Alpha Lions Academy and XRP supporter, has presented a provocative opinion on the future of this cryptocurrency, stating that owning 10,000 XRP may soon become unattainable for most investors.
XRP Price Prediction
Farina believes XRP is still heavily undervalued and predicts a significant price surge. Currently, with XRP priced at $2.23, purchasing 10,000 tokens is viable for many average investors.
Historical Price Dynamics of Cryptocurrencies
He reminds that a similar situation regarding the purchasing power of cryptocurrencies occurred with Bitcoin. In 2013, 10 BTC was valued at only $1,100 and just a few years later, its price skyrocketed to over $1 million.
Future of Holding XRP
Farina plans to start taking profits if XRP reaches $10, but he intends to hold on to most of his tokens until it hits $100. He emphasizes that the chance to buy 10,000 XRP may never come again.
Farina's statements create concern among investors as owning 10,000 XRP could soon become impossible if the price keeps climbing.