The purchase of XRP is similar to the purchase of real estate in Manhattan in the nineteenth century, which made the first American millionaire: Pundit

EDOARDO FARINA, founder of Alpha Lions, recently suggested that the purchase of XRP may now be like buying lands in Manhattan again in the nineteenth century.

It is worth noting that Varina Secure XRP is still in the early growth stages despite its previous gains, indicating that it can have tremendous potential, such as how real estate value in New York City has increased during the past two centuries.

Historical Manhattan Real Estate Revenue

For context, the Earth was in Manhattan in the late eighteenth and early nineteenth century incredibly cheap. For example, in 1790, some conspiracies on the upper western side were selling for less than $ 50 per acre. Just a A few decades later, in 1825, prices jumped to $ 400 per acre.

Meanwhile, by the late nineteenth century, prices rose further. Standard residential pieces are sold for $ 15,000 Or moreWhile high -phrase high corners such as 72 Street and Riverside Drive went at $ 50,000.

One example is the piece in 67 Broadway. It was equal to $ 12,000 in 1790, but by 1889, that same land was $ 800,000. The site is on 26 Broadway, where Alexander Hamilton once lived, from being a $ 10,000 property to housing the Standard Oil Building, which amounted to $ 1.25 million.

Interestingly, investors have benefited from this early and have achieved great returns. In particular, about John Jacob Astor, who initially gained a wealth of fur deals, turned his attention to real estate in New York in 1799. By the 1930s, he became more invested in this sector, and eventually became the first millionaire in America.

Does XRP boast of similar capabilities?

More importantly, Varina XRP sees in a similar light. As of now, XRP is traded at $ 2.42. At this price, XRP already features similar gains for real estate in Manhattan.

For the context, a decade ago, in May 2015, XRP was traded at an average price of only $ 0.006. Investor Buy $ 20,000 from XRP again Then he received 3.33 million icons. At today’s price, this hideout will be more than $ 8 million. This represents more than 40,000 % in ten years.

Despite this Historical performanceFarina still believes that XRP has a room for further growth. It is worth noting that he has constantly he has I encouraged Investors to consider buying at least 10,000 icons. He was optimistic about many bullish expectations about XRP.

These expectations come from confidence that XRP can play a major role in the future of financing. Some analysts believe that XRP may Take a pioneering role In the global shift towards the distinctive symbol, the market It is expected to grow To 18 trillion dollars by 2033. Others believe that it is replacing or at least working alongside Swift.

Revenues on 10,000 XRP investments at ambitious prices

If XRP succeeds in any of these fields or in both fields, the demand may rise. As a result, ambitious price predictions suggested that the original can It reaches $ 100 or Until $ 1,000 in the future.

At the price of the day of $ 2.42, the investment of 10,000 XRP will cost about 24200 dollars. If XRP reaches $ 100, the value of these symbols will reach $ 1 million, which achieves the return of more than 4,300 %. However, if that somehow It reaches 1000 dollars, and this is the same amount of XRP will be of $ 10 million, with a rate of 44,542 %.

However, critics argue that XRP is $ 100 or $ 1,000 Not realistic in Current market conditions. If XRP reaches $ 100, its maximum market, based on the full offer of 99.8 billion, will be about 9.9 trillion dollars. This is already three times the value of the entire encryption market today, which is what Standing in About $ 3.3 trillion.

Meanwhile, if XRP is $ 1,000, it will launch the maximum market to $ 99 trillion. This figure is more than the totally integrated GDP of most countries and even more than the total value of all gold in the world, which is about 21.4 trillion dollars.