Investor Forecasts 50-Fold Return On XRP

A long-time supporter of XRP who is not afraid to speak his mind has issued stunning predictions concerning the future value of the cryptocurrency.

A long-time supporter of XRP who is not afraid to speak his mind has issued stunning predictions concerning the future value of the cryptocurrency. His assertions have both interested and confused investors.

As per the Alpha Lions Academy founder Edoardo Farina, an investment of $1,000 in XRP today can increase to more than $50,000 in the future. The estimate is based on the altcoin crossing Farina’s desired price target of $100 per token, from its current value of around $2.

Farina previously revealed he will not sell any of his XRP holdings until the price reaches at least $100 per token. He terms the coin as sitting at the hub of what he refers to as a “multi-generational pump” and points out its potential function within the international finance system.

According to reports, Farina urges retail investors to own a minimum of 1,000 XRP tokens. He asserts that such an amount is the minimum one needs in order to take advantage of the use and greater adoption of XRP in the future.

Those who follow the blockchain space may recall that earlier this year, a crypto analyst at Level Seven Trading Ben Armstrong, also known as the “Butter Batcher,” had expressed a similar opinion.

However, not everyone shares Farina’s positive perspective. Doubters have raised issues with his assertion that $1,000 in XRP today may be worth $50,000 someday.

One critic pointed out that even if XRP hits $100 and converts $1,000 into $50,000, this may not be sufficient for early retirement. The remark points out that what appears to be a good return may not necessarily be the life-altering wealth many investors expect.

Questions also arise regarding if XRP will ever hit the $100 level, and if so, how long it would take to arrive there.