Edoardo Farina Claims 95% of XRP Holders at Risk of Being Priced Out

In a recent video, the Founder of Alpha Lions Academy, Edoardo Farina, brought forth a major cause of concern among the XRP community. In the video, Farina said many holders risk being priced out as XRP is priming itself for a surge. At the time of writing, to be one of the top 10% holders, one needs to land 2,500 tokens valued at $6,500. This is a considerable rise as a few months ago, 3,000 XRP would cost around $1,500.  

Farina believes that such a rapid increase in price raises the alarm and concern. Farina believes that around 95% of the current holders will be unable to hold on to their investments in the coming years. As per Farina, the meteoric price hike is closing the landscape. Many small to medium-scale investors would find it difficult to stay involved as 2,500 tokens is the minimum needed to make XRP holdings profitable.  

 However, other analysts believe that this is a positive problem. If XRP stays ahead of the curve like now, it could be worth millions. Which can make a modest holding of today worth millions in the future.  

Mistakes Highlighted By Farina 

Farina raised some concerns about future XRP holders being priced out. However, he pointed out some mistakes that investors could avoid to prevent them from happening. However, his most resonating advice is to use XRP to buy luxury items. He stated, “Stick to your plan, don’t act emotionally, and you’ll be better positioned to succeed in the future.” Therefore, Farina suggests holders fold onto the coin for the long term.  

Apart from that, Farina also discussed the challenges of dealing with scams and losing the biometrics key to digital wallets. Both of these things are detrimental to XRP holding and can affect you financially. All in all, Farina is currently urging XRP holders to keep playing the long game while dodging shady activities.