In an eye-catching development for the cryptocurrency community, popular YouTuber and crypto trader Myles G, known for his bold moves and extensive social media following, disclosed that he sold his Lamborghini to invest in XRP.
With 150,000 subscribers on YouTube, Myles’ trading choices often garner significant attention, and his latest post has stirred both excitement and skepticism.
On Tuesday, Myles shared the update in a post on X, though he left out specific details regarding the Lamborghini sale. His followers noted the lack of information, such as the amount he received from the sale or whether all the funds were used solely for XRP.
This lack of transparency has fueled speculation, with some community members questioning whether the sale occurred or if his statement was a publicity move. Myles posted a photo of what appeared to be a sleek Lamborghini Huracán Spyder parked in a lot, but further evidence of the transaction was absent.
The community’s curiosity was evident, as followers began requesting additional proof, including a receipt or transaction record, to substantiate his claims. This isn’t the first time Myles has made dramatic statements about his crypto investments.
Just days ago, he jokingly claimed to have “sold his kidney on the dark web” to purchase more XRP and Dogecoin, a remark that raised eyebrows and added to his reputation for bold, sometimes extreme declarations about his faith in the cryptocurrency market.
Myles’ Father’s Bold Investment Move in XRP
Earlier this year, Myles shared another intriguing story regarding his family’s XRP investments. According to Myles, his father made a substantial financial move, selling his house for $800,000 and directing the entire amount toward buying XRP.
Myles noted that his father, a veteran investor with over 50 years in the market, viewed this investment as the “most significant home run” of his career, indicating the strength of his conviction in the cryptocurrency’s long-term potential.
When pressed on the authenticity of this story, Myles confirmed that the account was genuine. The disclosure drew mixed reactions from the community, with some viewing it as a testament to his family’s strong belief in XRP. But others questioned the prudence of such a bold financial maneuver.
Regardless, Myles has framed his father’s choice as a calculated move rather than a reckless gamble, citing his father’s extensive experience in financial markets.
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High Price Targets and Market Predictions
Myles is known for his high price projections for XRP and often uses his social media channels to communicate ambitious targets. Recently, he predicted that XRP could reach $1.96 and then $2.84 in the short term.
According to Myles, the cryptocurrency is set to make substantial gains, potentially hitting $3 by December—specifically around Christmas. His long-term projection for XRP is even more remarkable: he anticipates a price of $589 by 2030, although this target is highly speculative.
Myles’ bold predictions have contributed to his popularity, attracting supporters and critics. While some in the community share his enthusiasm for XRP’s growth potential, others remain cautious, noting that the cryptocurrency market’s volatility and unpredictable regulatory landscape make such high targets difficult to rely on. Despite this, Myles has consistently voiced confidence in his price outlook for XRP.
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.
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