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“Trust Me, We’re Still Early,” Pundit Insists After Conducting Real-Life XRP Adoption Assessment
A market commentator has suggested that current XRP investors are still early, after casually conducting a real-life adoption assessment.
Currently, XRP trades around $2.96, but at this price point, most investors wonder if they showed up too late. The concern comes from looking back at what earlier buyers achieved
Earlier XRP Adopters Seeing Massive Gains
For instance, an early adopter who put $10,000 into XRP in January 2017, when it cost just $0.003, would have picked up 3.33 million tokens. At today’s price, this stack of XRP would be worth more than $9.86 million. Notably, stories like this lead to the belief that the window for outsized returns has already closed.
When the conversation turned to crypto, they only spoke about Bitcoin and Ethereum. According to EGRAG, some of them expressed regret over missing Bitcoin when it traded at $300 or even $3,000. Meanwhile, others speculated that Ethereum could one day reach $30,000
Nonethless, EGRAG stressed that there was some odd silence around XRP and other projects such as XLM, HBAR, FIL, VET, XDC, and VRA. He said nobody at the table mentioned them
EGRAG suggested that this silence spoke louder than anything else. Notably, it proved that even now, most people remain unaware of these assets, especially XRP, despite it being the third-largest crypto asset globally. “Trust me, we’re still early,” he commented.
Other XRP Pundits Agree
Interestingly, several community commentators have made similar claims. Two months ago, Vincent Kennedy told investors who worry about being late to try mentioning XRP in their own everyday conversations. He argued that the blank looks they would receive would quickly prove how little awareness of XRP exists outside crypto circles.
Also, market commentator Edoardo Farina highlighted this in an analysis earlier this year. After evaluating XRPL wallet data, he found that only one in 5,000 people worldwide currently holds XRP. According to Farina, this confirms how early current investors are, as there is room for massive growth.
Notably, most of the pundits who suggest this believe this growth would translate to greater price levels, eventually bringing in similar returns that earlier adopters enjoyed. For instance, Farina has confirmed that he will not be selling his XRP tokens below the $100 mark. Meanwhile, last July, EGRAG predicted a possible XRP run to $50.