Majority of XRP Investors Believe Crypto Asset Will Reach $100 – But Many Are Betting on Another Small-Cap Cryptocurrency
A new Twitter poll conducted by pseudonymous Ripple and crypto enthusiast XRP_Cro reveals that the majority of XRP investors believe the fourth-largest cryptocurrency will soar above $100.
A new poll that targets the XRP community and involves over 1,000 participants shows that 43% say they plan to partially or fully sell their XRP holdings around $100. 39% say they look to sell between $10 – $50, while the remaining 18% claim that they’ll unload between $3 – $10.
On the question of which crypto asset they think will give the biggest return on investment (ROI) in the next bull cycle, 77.9% chose XRP, while 15.7% placed their bets on supply chain management protocol VeChain (VET). Bitcoin (BTC) and Ethereum (ETH) garnered 2.9% and 3.5% of the votes, respectively.
When asked about which crypto asset is their biggest holding apart from XRP, 65% of the respondents picked VeChain (VET), while 27% chose Cardano (ADA), 14% favored Stellar (XLM), and only 4.1% selected Ethereum.
The poll also highlights that 94.3% of the respondents consider themselves to be long-term investors while only 5.7% prefer short-term buy-and-sell trades. As to which emotions drive their investments and trades, 74.5% point to optimism and belief, as opposed to fear, which took 8.1% of the votes. 12.7% trade out of greed and 4.6% are influenced by anger and frustration.
Out of all the respondents, 42.9% say XRP constitutes 100% of their crypto portfolio while 44.3% have bet 30% – 50% of their portfolio on XRP. The remaining 12.8% claim XRP makes up 0% – 30% of their crypto portfolio.
You can find the complete results of the poll here.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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