DATE: OCTOBER 9, 2023
WRITTEN BY: ABDULKARIM ABDULWAHAB
According to CoinMarketCap data, XRP trades slightly above $0.51 with an insignificant price drop over the last 24 hours. Given XRP’s price far below a dollar, a notable stock and crypto investor took to the X platform to warn crypto community members about potentially regretting not buying XRP while it remains cheap.
In a recent tweet, US-based X user Zenakuu emphasized the current affordability of XRP, stating that it is currently within reach for many investors.
However, Zenakuu predicted that the price of XRP could soar to the point where it becomes inaccessible to retail investors. Specifically, he foresees that XRP would equate to the cost of a monthly mortgage payment.
“Today, you can afford XRP, but in the near future, it will cost just as much as a mortgage payment. Don’t be that person living in regret when the time comes,” Zenakuu remarked.
It is worth noting that the typical monthly mortgage payment across the United States is $1,768. This figure is based on information from the 2022 Annual Cost of Living Index by the Council for Community and Economic Research (C2ER).
Therefore, Zenakuu warns the broader crypto market participants about the potential of XRP surging beyond the bounds to $1,768. Notably, the view about XRP reaching such an insane price stems from the widespread belief that XRP can potentially become a significant player in the global payments industry.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
