Expert Explains How Holding 20,000 XRP Could Be Life-Changing if XRP Reaches a New All-Time High
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Edo Farina, CEO of Alpha Lions Academy, recently discussed how holding 20,000 XRP could be a life-changing decision for investors when the asset reaches a new all-time high.
Farina shared this insight in a video posted on X on Friday. He first addressed the ongoing speculation around XRPâs price potential. He dismissed XRP price predictions based on technical analysis (TA), arguing such analyses are baseless.
Farina emphasized that XRPâs price movements would be more influenced by its utility and adoption than arbitrary lines on a chart. According to him, XRP reaching a new all-time high, potentially surpassing its previous peak of $3.84, is not out of reach if utility and institutional adoption increase.
Why 20,000 XRP Matters
Farina provided a detailed analysis of what holding 20,000 XRP could mean for investors. Using a conservative estimate of $5 per XRP, he explained that this would equate to a total investment of $100,000.Â
Farina highlighted that even this modest price target would put investors in the top tier of wealth, outperforming most of the global population, particularly given the current economic climate where many people do not have significant savings or investments.
Notably, with XRP trading at $0.599 today, it costs approximately $11,980 to acquire a portfolio of 20K XRP.
The Game Changer for XRP
Also, Farina noted that XRPâs potential to make a new all-time high relies heavily on its use case as a bridge currency for cross-border payments.Â
