Linda Jones, a well-known wealth mentor in the cryptocurrency space, has made a bold prediction regarding the future of XRP.
In a current one tweetShe shared her insights into the growth of XRP and urged investors Get in early before it’s too late. Jones illustrated the potential of XRP through her personal experience when she invested $100 in the asset.
XRP $100 investment then vs. now
When Jones started investing in XRP, Jones announced that a $100 investment would buy 400 XRP tokens. This referred to the period when XRP was selling around $0.25. Specifically, XRP last traded in this range four years ago, in January 2021. Since then, XRP has traded at up to $2.9.
Since the price of XRP has been steadily rising, the same $100 investment today would only buy less than 50 tokens. This sharp decline in the number of XRP tokens purchased for $100 indicates an increase in the price of the asset. Today, XRP is trading at $2.13, up 250% compared to last year.
Future Prospects: $100 could only buy 1 XRP
With the ever-shrinking amount of tokens one can purchase with a $100 investment, Jones made a bold prediction for the asset. She predicts that in the future, a $100 investment may only be enough to buy a single XRP token.
This forecast underlines their belief that the price of XRP will continue to rise significantly and reach the level in the coming years up to $100 per token. Accordingly, she urged members of the crypto community not to sleep on XRP.
“Don’t wait to invest, invest and wait” she said. Her statement suggests that while timing the market is complex, the key to success is buying and holding for the long term.
Meanwhile, Jones warned that her message…