Cryptocurrency

Skipping XRP can be a real risk

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A new debate is attracting attention throughout the cryptocurrency universe, which is driven by the notion of entering cryptocurrency, which may be what actual gambling investors are making.

Easya co-founder Dom Kwok pointed out earlier this week that cryptocurrencies are not what people do. In fact, the greater risk could miss something around the corner, he said.

Many crypto supporters, including long-time XRP XRP fan Edoardo Farina, responded and expanded on his comments. However, while Kwok’s focus is on overall cryptocurrency, Farina narrows its focus to one asset.

Focus Turns to XRP

In Farina’s view, the biggest mistake investors make is not to ignore cryptocurrencies, but to ignore XRP. He believes that XRP is not a risky person, and those who don’t own it are gambling. His point is: Not owning either can be a huge mistake.

To illustrate his point, Falina sets milestones. He believes any serious investor wants to have at least 1,000 XRP, which is currently priced at $625.

He also mentioned the XRP Rich list and pointed out that anyone with 2500 tokens (approximately $1,562) is already in the top 10% range of token holders. Farina even shows that 10,000 XRP (about $6,250) could lead to life-changing moments.

XRP prices have risen in the past 24 hours. Source: Coingecko

The $10,000 goal has attracted attention

Falina’s biggest assertion is also the most controversial. He said XRP will eventually reach $10,000 per token. This will make the $6,250 10,000 tokens worth $100 million today. His vision may be ambitious, but not a welcome one.

In his case, in the recent YouTube brief, cryptocurrency expert Davinci Jeremie predicts that XRP could hit a high $24 target by 2025. To reach the $24 target, a 970% increase will be required from the current $2.24 level.

https://www.youtube.com/watch?v=379zjqm-fni

Meanwhile, even in the XRP community, many people avoid this concept. XRP has not yet pierced the previous all-time highest level established seven years ago. For many investors, this seven-year wait has become a cause of concern.

Skeptics ask about XRP’s history

Farina’s tweets sparked a response from skeptics. Some say they just hold losses they can afford. Others laughed at XRP, saying it was a “stable” because it was inactive in price shipping. Although XRP has experienced high returns in the past, its current performance has been stagnant.

XRP is currently trading at $2.20. Chart: TradingView

Supporters warn of missed

Yet, voices like Kwok and Farina are doubling. They show that the real danger is not the decline in value, but the complete lack of the next wave. They believe waiting for the sidelines could be much more dangerous than today’s position.

The gap between believers and critics remains keen. While some say XRP is a once-in-a-lifetime opportunity, others think it is a long opportunity at best.

Featured images from Unsplash, charts for TradingView

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