In a bold statement on X, XRP proponent Duefe shared an optimistic outlook for holders, suggesting that owning just 1,000 XRP could lead to financial independence.

According to Duefe, holding just 1,000 XRP might be the key to achieving “a joyful and free life” by 2029. This view implies that XRP’s value could rise astronomically over the next four years, potentially allowing investors to retire. For context, XRP is currently trading at $2.17, making 1,000 XRP worth $2,170.

While there is a lack of context regarding what entails a free life for the proponent, some investors see an investment growth to $1 million or more as sufficient for retirement. Others in countries with higher costs of living might require a much higher baseline.

Essentially, reaching a net worth of $1 million or more remains a long-standing goal for many retail investors hoping to retire early. However, for a portfolio of 1,000 XRP to be worth $1 million, the price of each token would need to reach $1,000. Achieving $1,000 per XRP would require a price increase of over 45,900%.

Alternatively, a $100 price per token would value the holding at $100,000—still a significant leap from current levels. 

“Not Holding 1,000 XRP Is Insanity”

Meanwhile, many prominent voices in the XRP community share Duefe’s bullish sentiment. Some, like Edo Farina, have argued that holding at least 1,000 XRP is one of the best financial decisions an investor can make.

Notably, data from the XRP Rich List shows that only 230,504 wallets hold between 500 and 1,000 XRP. Meanwhile, just 10% of the 6.38 million total XRP wallets—approximately 638,000—hold 2,500 XRP or more.

Interestingly, Farina has described the failure to hold at least 1,000 XRP as “insanity.” According to him, XRP enthusiasts must own no fewer than 1,000 tokens if they genuinely care about financial success.

These views come from the speculative hope that XRP could eventually reach triple-digit values and beyond, turning modest investments into substantial fortunes.

While pundits like Farina have been cautious about setting a specific timeline, Duefe remains confident that financial success could materialize within this decade. Meanwhile, he isn’t alone in this belief.

Previously, social media influencer John Squire claimed that by 2030, many of today’s XRP investors would regret not buying more—or selling too soon during market fluctuations.

Caution Amid Bullish Forecasts

Some prediction platforms share the bullish outlook about XRP. For instance, Telegaon has suggested that XRP could reach a minimum of $25 by 2029.

Meanwhile, this price target is still short of the $1,000 milestone needed to turn 1,000 XRP into $1 million. Yet, it would represent a return on investment of approximately 1,052% from today’s price of $2.17.

As for when XRP could reach $1,000, Telegaon believes this lofty target is not feasible even by 2050. However, Matthew Brienen of CryptoCharged has argued that XRP could reach $1,000 in ten years.

Amid these optimistic projections, critics like Davinci Jeremie caution crypto enthusiasts against viewing XRP as a long-term investment vehicle.