XRP community analyst Edoardo Farina warns that 99% of average investors may soon be priced out of affording 10,000 XRP tokens as the cryptocurrency's price is expected to surge following current levels.
Currently, 10,000 XRP tokens cost $22,300, but Farina predicts they could reach $1 million if XRP hits the $100 price target, making it unaffordable for many.
Farina draws parallels to Bitcoin's early days, where 10 BTC cost $11,000 but are now valued at $1.05 million, showcasing how cryptocurrency prices can shift from accessible to luxury assets.
This trend emphasizes the importance of timing in cryptocurrency accumulation, with assets like XRP potentially transitioning from an investment opportunity to a luxury purchase beyond the reach of average investors.