Sunday, April 11, 2021

Poll: Over 72% of Investors Believe XRP Price Will Reach $100

A recently conducted survey that was shared by a supposed XRP community member identified on Twitter as XRP_Cro, shows that the majority of the XRP investors resolutely believe that the digital token will rise up to $100 and beyond eventually, despite below-par performance exhibited by the top cryptocurrency in the last 2 years.

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.

Read Also: Credible Crypto: XRP Is Poised To Outpace Ethereum (ETH) In the Next Bull Market

Remarkably, 94.3% of the survey participants state that they are in for the long-term, while only 5.7% are traders.

Poll: Over 72% of Investors Believe XRP Will Reach $100

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.

Read Also: Google Engineer Points out How XRP, Cardano, EOS, and Others Accrued Huge Valuations

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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Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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