2024 was undoubtedly an excellent year for XRP. The digital currency finally managed to break the $1 barrier and even reached its highest level in almost seven years: $2.90. Many analysts predict that 2025 could be even better.
According to Edo Farina, founder of Alpha Lions Academy, everyone should own at least 10,000 XRP. In a recent X-post, he stated that not having this amount would be a “major life mistake.”
A significant investment
The current XRP price stands at $2.17, which means buying 10,000 tokens equates to an investment of $21,700. This is a significant amount for many. However, Farina sees it as a logical choice as he believes in a possible price increase to $100 in the distant future.
Anyone who bought XRP a few months ago has now made significant profits. For example, at the beginning of November the token was still at $0.50, which would have meant an investment of $5,000 for 10,000 XRP. Really lucky people who got in during the bottom in July 2022 paid just $0.30 per token. They could purchase the same amount of XRP with $3,000.
A small elite
Blockchain data shows that only a small percentage of XRP wallets actually hold 10,000 or more tokens. Of the 5.8 million wallets, only 429,000 meet this criterion, which amounts to approximately 7.4% of all wallets.
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Source: https://newsbit.nl/analist-als-je-niet-10-000-xrp-bezit-maak-je-de-grootste-fout-van-je-leven/
