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Self-Made Millionaire States Actual XRP Price to Make Holders Filthy Rich
Crypto enthusiast BALE recently shared a highly assertive view on the future of XRP.
In a post on X, he wrote, “XRP Truth — You need 10,000 to become filthy rich,” referring to a price level of $10,000 per XRP.
BALE’s statement framed his opinion that an individual holding even one XRP at that hypothetical price would see extraordinary wealth. The post attracted immediate responses from other users who questioned the plausibility of such a valuation and debated the definition of wealth in that context.
Community Member Criticizes XRP’s Performance Since 2018
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Carleto co’s remarks emphasized his view that XRP’s performance over the past seven years does not support the possibility of it appreciating to $10,000. He pointed to the current and historical price levels as evidence that BALE’s expectation was unrealistic.
Current Price Data and Required Increase to Reach Target
According to the latest available data from CoinMarketCap, XRP is currently trading at approximately $2.22. This price is very close to the $2.30 level referenced by Carleto co and demonstrates that XRP has remained relatively flat compared to its all-time highs in 2018.
To reach BALE’s stated target of $10,000 per XRP, the price would have to rise by approximately 450,350% from its current level. Such a dramatic increase highlights the extremely speculative nature of BALE’s projection.
While the responses to BALE’s post varied in tone and substance, the exchange illustrates the range of sentiment in the XRP community, from highly optimistic price targets to criticism of the asset’s historical performance.
The large gap between XRP’s current valuation and the proposed $10,000 price remains a central point of contention in the ongoing debate among investors and enthusiasts.
Disclaimer*: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.*