Details of the Survey
There were 30 polls in the survey. The most significant of the polls has to do with the possible price of XRP in the future. 72.4% of the investors that participated in the survey reveals that XRP price will reach and surpass $100 someday.
Also, the result of the survey shows that 68% of XRP holders invested in the digital asset “to get rich”. While only 15% purchased it for the love of new technologies or as a means of payment.
Remarkably, 94.3% of the survey participants state that they are in for the long-term, while only 5.7% are traders.
Image Source: stedas.hr/xrp community poll 2020
Additionally, 43% of the participants are willing to partially or completely cash out once XRP attains $100 between 2021 and 2025. 39.1% of them would exit the market at a price between $10 and $50, indicating that 82% of them would see XRP reaching or surpassing $10 before exiting the XRP market.
Based on the amount of investment, 77.3% of the participants own at least 10,000 XRP, with 50.7% holding between 10,000 and 50,000 XRP, while 26.6% are holding over 100,000 XRP.
Moreover, the most popular cryptocurrency among the participants aside from XRP is VeChain (VET), the 29th largest digital currency by market capitalization. 60% of these XRP investors are holding VET, followed by Cardano (ADA) 27%, and Stellar Lumens (XLM) 14%. Only 4.1% of the investors are holding Ethereum (ETH), the second-largest crypto asset by market cap.
In terms of the most preferred Ripple employee, the popular Ripple CTO, David Schwartz came significantly on top. 62.4% of these investors see Schwartz as their preferred Ripple employee, followed by Ripple CEO, Brad Garlinghouse with 33.2%.
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