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.
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