As the cryptocurrency market heads into 2025, XRP has emerged as one of the most discussed assets. Edo Farina, founder of Alpha Lions Academy, has made a bold claim that’s stirring the crypto community:
if you don’t hold at least 10,000 XRP, you might be making a lifetime mistake. His statement highlights the potential for massive returns as XRP continues to gain momentum and adoption.
Why 10,000 XRP?
Farina’s recommendation of 10,000 XRP as the minimum threshold for investors is based on the belief that XRP remains undervalued, even at its current price of $2.07.
This figure stems from the idea that XRP could eventually reach $100 per token, a prediction supported by other influential voices like The Crypto Asset Guy.
XRP Price | Cost to Acquire 10,000 XRP |
---|---|
$2.07 (current) | $20,700 |
$0.50 (2021) | $5,000 |
$0.27 (earlier) | $2,700 |
The $100 Prediction
If XRP were to reach $100, the value of 10,000 tokens would skyrocket to $1,000,000. This potential for exponential returns fuels Farina’s assertion, pushing investors to consider accumulating XRP now while it is still perceived as affordable.
The Financial Barrier
Despite its appeal, accumulating 10,000 XRP at current prices is out of reach for many retail investors. At $2.07 per token, the upfront cost is $20,700, a significant sum for most individuals.
Some XRP holders, like TJ Glen, have shared their frustration with this barrier. Having purchased XRP at $0.27 and $0.52 in the past, Glen now finds herself priced out of larger purchases. She expressed confidence, however, that her existing holdings are sufficient for her financial goals.
XRP Wallet Distribution
A closer look at XRP wallet data provides insight into the broader investor landscape:
Wallet Holdings | Number of Wallets | % of Total Wallets | XRP Held |
---|---|---|---|
Fewer than 5,000 XRP | ~5.37 million wallets | 92.6% | Majority of holders |
At least 10,000 XRP | ~429,000 wallets | 7.4% | 1.42 billion XRP |
These figures reveal that most investors hold fewer than 5,000 XRP, while only a small percentage of wallets hold the recommended 10,000 tokens. This highlights the exclusivity of reaching Farina’s suggested threshold.
Is 10,000 XRP Achievable?
While 10,000 XRP remains a lofty goal for many, smaller investments can still offer meaningful returns. Investors must consider their own financial situations and tolerance for risk.
For those unable to reach the 10,000 XRP mark, holding any amount of the token can still be beneficial, as every increase in XRP’s value would proportionally benefit holders.
Edo Farina’s claim that not holding 10,000 XRP is a “lifetime mistake” is bold, but it underscores the excitement and optimism surrounding XRP’s future. While achieving this threshold may be out of reach for many, even smaller holdings can provide exposure to XRP’s potential growth.
Investors should approach such predictions with caution, ensuring their decisions align with their financial goals and risk appetite. As always, thorough research and professional advice are key when navigating the volatile world of cryptocurrency.