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Do Not Sell Your XRP Until This Date – Investor Advises XRP Holders

Do Not Sell Your XRP Until This Date – Investor Advises XRP Holders

XRP holders have been urged to wait until 2029 before considering selling their tokens, according to a recent advisory from well-known investor and XRP advocate Duefe. The statement, shared via social media platform X, has triggered widespread discussion among crypto enthusiasts about the long-term value of XRP.

Duefe believes owners of a minimum of 1,000 XRP tokens have the potential for a major financial breakthrough by 2029. According to his evaluation, there is potential for financial freedom through XRP investments if one holds their XRP until 2029 since early sales might cause one to miss major gains.

At the current market price of $2.06, an investment in 1,000 XRP tokens amounts to roughly $2,060. If the value of XRP surges exponentially to $1,000 as speculated by analysts, a 1,000 XRP portfolio could amount to $1 million by 2019, meaning a 45,900 percent price appreciation.

Also Read: Ripple Case Suddenly Frozen After SEC Retreat—Is This the End or Just a Pause?

The investor did not attach a fixed figure to the concept of financial freedom. However, many in the crypto space often consider $1 million as a general benchmark for financial independence, though this can vary based on geography and personal lifestyle.

Investor Sentiment Backs Long-Term Holding Strategy

Support for the 2029 target has been echoed by other members of the XRP community, including crypto figure Edo Farina. He described not holding at least 1,000 XRP as a missed opportunity, reinforcing that XRP’s long-term potential has yet to materialize fully.

The XRP Rich List data shows that only about 230,504 wallets hold between 500 and 1,000 tokens. The low number of investors who keep 1,000 or more tokens shows that these holders form a minority group, which reinforces the idea that long-term investors stand to gain most during price increases.

Meanwhile, experts have different projections about XRP’s future price elevation between 2029 and 2030. The crypto prediction platform Telegaon predicts XRP will reach $25 during that period.

CryptoCharged founder Matthew Brienen suggests XRP could reach $1,000 before the end of the upcoming decade but does not detail the year it might happen.

Skepticism has also surfaced, with influencers like Davinci Jeremie warning that extreme expectations should be tempered. He advised investors to consider XRP’s historical performance and the broader market environment when planning long-term strategies.

Conclusion

Duefe’s call to hold XRP until 2029 has added momentum to a growing narrative within the XRP community. While the outlook remains speculative, the message is clear: investors are encouraged not to exit their positions prematurely if they aim to benefit from potential long-term gains.

Also Read: Exciting News From Gemini For XRP Holders