Edoardo Farina, a prominent figure in the cryptocurrency space, has issued a warning to XRP holders considering selling at $10. In a controversial tweet among longtime XRP followers, Farina stated:
Selling your XRP at $10 will be a once-in-a-lifetime mistake, a mistake that most people will never be able to rectify.
His caution stems from the belief that XRP still holds significant value, especially as widespread adoption and institutional integration are occurring robustly.
Currently, the price of XRP is around $2.78. An increase to $10 would represent a 300% gain, but some investors believe the long-term potential could be much higher.
Farina's caution sounds familiar to veteran market players who have witnessed losses during previous cryptocurrency booms.
History shows that holding will be beneficial.
When XRP broke the $1 barrier in November 2024, it was the first time in over three years. Traders expected the price to drop to $0.50, but that did not happen. Instead, the price rose rapidly to $2. Those investors who sold too early had to stand by and watch.
The surge of XRP began in early 2017 when the coin removed two zeros from its price. At that time, XRP was only sold for a few cents. The current starting price is much higher, but the pattern of initial sell-offs followed by regret over time remains.
Bitcoin also followed a similar path. Previously, the price of Bitcoin was just under $0.05, but it has now surpassed $117,000. Those who sold at $10 thought they had locked in profits, but many believe that decision was too early at this point.
Binance founder Changpeng Zhao revealed this topic in a post, admitting that he still regrets joining too late, even though he purchased BTC at $600 in 2013.
Analysts say XRP could reach $100 by 2025.
The future outlook for XRP is experiencing extreme divergence. Farina revealed that he would take profits when the price of XRP rises above $100. Other commentators agreed. Javon Marks predicts that the price of XRP could reach $100 in this cycle, and he believes this price will peak in 2025 or 2026.
Matthew Brienen, another cryptocurrency analyst, has provided a longer timeline. He believes that XRP could potentially reach $1,000 by 2035. This scenario, if it occurs, would yield a profit of 40,700% compared to a 300% profit when sold at $10. Farina's cautious viewpoint starts to make sense in this case, especially for those willing to hold.
Jake Claver, one of the pioneers of cryptocurrency, has offered a more optimistic outlook. In a widely shared video, Claver claimed XRP could reach $10,000 by 2027. He argues that the speed and cost-effectiveness of XRP in cross-border transactions will make this cryptocurrency one of the top global payment tools.
Despite these high targets, not everyone agrees on the right approach. Some believe it is better to take profits at reasonable prices rather than risk missing out completely. However, Farina believes that the psychological trap of selling early continues to hinder investors from achieving long-term value.
