Crypto Founder Warns That Not Holding At Least 10,000 XRP Could Be a Costly Long-Term Mistake

A crypto founder and prominent XRP community pundit has warned that investors not holding at least 1,000 XRP are making lifetime mistakes.

XRP’s Impressive Historical Run

The crypto market presents multiple opportunities for investors, but most current market participants often regret missing out on earlier gains. For instance, XRP’s impressive run from a low of $0.003 in January 2017 to a peak of $3.3 in January 2018 made millions out of meager investments.

Particularly, an investor who procured 10,000 XRP at the price of $0.003 in January 2017 spent only $30 to amass these tokens. At the $3.31 peak, the worth of these 100,000 XRP tokens, accumulated with $30, surged to $33,100, representing a massive 110,233% increase.

Despite XRP trading for $2 at press time with a $120 billion market cap, making it an already-established asset, some market commentators believe it still has the potential to soar to much greater heights. Edoardo Farina, Alpha Lions Academy founder, is one such commentator.

Pundit Wants Investors to Hold at Least 10,000 XRP

Farina has continued to champion the narrative that XRP is capable of engineering another historic run similar to what it observed in the 2017 bull run. This has prompted bullish commentaries from him, urging investors to amass as much XRP as possible before this projected historic run.

In a particular instance, Farina suggested that investors ought to hold at least 10,000 XRP. According to him, not having up to 10,000 XRP would be a lifetime mistake. Meanwhile, data from the XRP Rich list confirms that of the 6.3 million XRP wallets, only 298,472, about 4.7%, hold at least 10,000 XRP.

XRP Rich List

Farina is challenging investors to join the exclusive list. His sentiment springs from the idea that XRP could witness another meteoric price run later. However, the extent and timeline of this run remain uncertain.

XRP’s Explosive Run Prospects

Nonetheless, this has not stopped some analysts from projecting what they can during analyses of XRP’s price movements and historical performances. For one, last month, Farina presented a scenario where XRP rallied to a price of $300.

The market commentator assumed that such a price point could become a reality in the next decade, specifically in 2035. According to Farina, in this scenario, a salary earner could make $5.4 million within ten years if they committed $44,000 into XRP at its current price level.

Most recently, Farina argued that seeing XRP at the lower ends of the $2 mark was “a walk in the park.” This argument echoed sentiments suggesting that XRP is actually undervalued at $2 and could witness a price run. Shortly after, Farina predicted that, soon, only a few individuals, possibly 1% of the entire population, would be able to afford XRP.

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