XRP Holders Would Flee Before $10,000 Target, Analyst Claims
A prominent XRP commentator, Jake Community XRP, shared his insights on how holders might react if XRP reaches significantly higher prices. He estimated that 90% of current holders would sell their entire positions once the price hits $10 per coin, while another 9% would exit at $100.
According to Jake's scenario, only 0.1% of original holders would remain if XRP reaches a hypothetical $10,000 level.
In a video discussing long-term strategies and community psychology, he questioned the approach of converting digital assets like XRP into U.S. dollars at specific price targets.
Jake also suggested that instead of liquidating holdings for dollars, investors should consider using XRP as collateral in the emerging digital financial system.