Friday, February 7, 2025
HomeCryptocurrencyTop Crypto Influencer Will Not Sell Any XRP for Less than $100....

Top Crypto Influencer Will Not Sell Any XRP for Less than $100. Here’s why

Edo Farina, CEO of Alpha Lions Academy, has reiterated his firm belief in XRP’s long-term potential. In a recent statement, he emphasized his commitment to holding XRP for an extended period, saying, “I’m not here for a one-day pump… I’m here for a multi-generational pump, I’m NOT selling any $XRP for less than $100.”

This perspective underscores confidence in XRP’s utility as a transformative asset in the financial sector, particularly as adoption increases.

Farina’s viewpoint resonates with a segment of investors who view XRP as a long-term investment rather than a speculative short-term trade. Notably, he has previously advised individuals to accumulate at least 1,000 XRP, suggesting that this amount could yield significant financial gains as the asset’s adoption expands globally.

Community Strategies and Market Sentiment

XRP holders have shared diverse strategies to maximize potential gains. An investor named Lucas proposed a tiered selling approach, allocating portions of his XRP holdings for sale at specific price levels, such as 20% at $50, another 20% at $100, and additional portions at higher price points, with 10% held indefinitely. This measured strategy reflects a balanced approach to profit-taking while preserving exposure to long-term price growth.

Meanwhile, community member TommyGunnAZ expressed optimism about the reduced influence of large holders, or “whales,” in manipulating XRP’s price. He argued that whales are reaching a point where any attempt to lower prices through large sell-offs would be countered by other major investors quickly buying the available supply. According to him, this dynamic signals a shift in market behavior, potentially favoring smaller investors.

Current Market Trends and Future Outlook

As of January 16, 2025, XRP is trading at $3.38, marking a 16.42% increase in the past 24 hours, according to data from CoinMarketCap. This upward momentum is part of a broader trend observed since late 2024, influenced by regulatory developments and heightened market interest.

For instance, XRP’s value surged by over 117% in November 2024 following the U.S. presidential election, with speculation regarding more favorable cryptocurrency regulations contributing to the rally.

Additionally, XRP achieved a significant milestone in 2024 when it surpassed Tether to become the third most valuable cryptocurrency, with a market capitalization nearing $150 billion. These developments reflect increasing investor confidence and XRP’s growing role in the financial ecosystem.

Despite these positive trends, the current price remains far below the $100 target set by Farina and others. Reaching such valuations will require widespread adoption, regulatory clarity, and sustained market confidence.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


Follow us on Twitter, Facebook, Telegram, and Google News

Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
RELATED ARTICLES

Latest News & Articles