Expert Says Only 1% Will Be Able to Afford $XRP Soon: Here’s Why
Edoardo Farina, founder of Alpha Lions Academy, has again shared bold XRP predictions, warning that, soon, only 1% of investors will be able to afford XRP.
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Farina’s analysis is based on current economic trends, the growing influence of financial institutions, and upcoming technological developments.
According to Farina, the global economic situation is worsening, with inflation rampant and the cost of living rising faster than wages. He points out that economic instability has been accelerating since 2019, fueled by major global events.
He stressed that people struggle to meet basic needs like food and housing. As a result, many unwillingly sell their crypto assets, including XRP, to cover daily expenses.
Furthermore, Farina highlights that the average person finds it more challenging to save money, with credit card debt and delinquency rates hitting new highs.
In his view, buying cryptocurrencies like XRP has become a luxury that people living paycheck to paycheck can no longer afford.
Essentially, retail investors are increasingly priced out of the market, leaving institutional players to take control.
Financial Giants Loading Up on XRP
As retail investors drop out, Farina noted that large financial institutions have taken advantage of the situation. He claimed that these institutions are ramping up their investments in XRP, betting on the asset’s long-term value as part of the new financial system.
Farina asserted that the order books are now five times lower than during previous bull runs. According to him, it indicates that fewer retail investors are in the market.
He speculated that this power shift could dramatically affect XRP’s supply and demand dynamics, potentially pushing its price to unprecedented heights.
The point is that with fewer holders and less liquidity on the retail side, those who still own XRP may see their assets skyrocket in value.