Pundit Says People May Regret Selling XRP at $10 Even if It Made Them Millionaires

James Jay, the host of the Crypto4Life YouTube channel, boldly asserts that while $10 per XRP would be life-changing, those who take profit at the target could regret their action.

James expressed this sentiment during a recent podcast that featured Edoardo Farina, Head of Social Adoption at XRP Healthcare.

A $10 $XRP would be enough to ChAnGe MANY LIVES… But that could be just the beginning!!! 🥇🔥🚀💯🤟🏽 #Crypto4Life w/ Six8Jay! Check out our AMAZING YouTube Channel: 📺

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— Crypto4Life (Six8Jay) XRP (@james_six8jay) March 5, 2024

During the session, James emphasized that he agrees that XRP attaining a $10 value would be a life-changing outcome for holders. Meanwhile, he argued that sometime in the future, people will look back in hindsight and observe that the $10 target was a conservative estimate of XRP’s potential.

Why Profiting At $10 XRP May Be a Hasty Sale

James drew inspiration from executives of Valhill Capital, who proposed that XRP’s fair value range between $9.81 and $513,000 in the coming years. He suggested that if the analysts were to be 1% right in their estimate, XRP is anticipated to attain values above $5,000.

In parallel, he cited another analogy with Ripple’s business solution for the multi-trillion dollar cross-border payment market. Notably, the global settlement market is projected to hit $250 trillion by 2027.

However, with XRP’s fixed supply of approximately 100 billion tokens, its fully diluted market cap of about $50 billion would not suffice for the liquidity demands of this vast market.

To effectively service even 1% of the $250 trillion market, the price per XRP would need to exceed $50. Banking on this situation, some pro-XRP pundits have argued that XRP is destined to be worth even $10,000 per token.

As a result, James Jay suggested that even if the ambitious $10,000 per XRP forecast is only 1% accurate, the cryptocurrency could reach a market value of $100. Notably, this would mark a 19,900% return from XRP’s current price of $0.5.

Sell XRP with Caution

Essentially, James emphasized that while a $10 valuation per XRP would be significant, it might only be the start of its growth trajectory.

The community commentator stressed that by selling out one’s XRP at $10 to become a millionaire, one could miss out on the more substantial wealth that could accrue if XRP’s value climbs much higher.

Accordingly, he advised investors to consider the long-term potential of XRP and to exercise caution when deciding to cash out. In his words,

“I don’t know what’s better: to get [out at] $10 or live a life full of regrets if XRP hits $100, $1,000, or even $10,000.”

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