Duefe Recommends Holding 1,000 XRP to Enjoy Financial Freedom by 2029

The expert made the bold assertion in a recent tweet, encouraging crypto investors to buy and hold 1,000 XRP till 2029.

A popular community figure on X, previously known as Twitter, has recommended that investors hold at least 1,000 XRP to enjoy financial freedom by 2029.

The expert, who goes by the username Duefe, made the assertion while reacting to a post that showed several on-chain addresses holding 500 to 1,000 XRP coins.

As of press time, about 230,853 on-chain addresses held between 500 and 1,000 XRP coins. However, 528,736 addresses held 1,000 to 5,000 XRP coins.

Earlier, a crypto trader had stated that one would need at least $2 million to enjoy a joyous and free life in the U.S.

Reacting to the post, Duefe said:

“You’ll have a joyous and free life by 2029.”

This indicates that Duefe expects XRP’s price to rally significantly to the extent that a holding of 1,000 XRP would be enough to give investors a ‘joyous and free life’ by 2029, four years from now.

For context, XRP is currently trading at $2.08, having risen by 0.52% in the past day and 1.47% in the past seven days.

At the current price, a holding of 1,000 XRP would cost about $2,080.

However, a portfolio of 1,000 XRP will be valued at $500,000 if XRP trades at $500 per token.

This 1,000 XRP will rise to a valuation of $2 million if XRP trades at $2,000 per token.

Clinching the $500 and $2,000 targets demands XRP to rally 23,936% and 96,053% from the current price.

Meanwhile, Duefe did not provide clarity about what they meant by ‘joyous and free life.’

Nonetheless, many investors want to retire early and live happily ever after. On the other hand, some hope to make enough money from the crypto market to afford the good things in life.

People have set different financial goals to meet these desires based on their country of residence and taste. For instance, people with luxurious lifestyles who reside in high-income countries like the U.S. might be targeting $2 million or more to gain financial freedom.

In contrast, lower-income regions may find $500,000 more than sufficient for their needs.