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Man Sells House Worth $800,000 To Buy XRP Tokens

February 23, 2024
in Altcoin
Reading Time: 4 mins read
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Man Sells House Worth $800,000 To Buy XRP Tokens
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The cryptocurrency sector is rarely dormant. In a new development, an X handle by the name of Myles G Investment shared an interesting story outlining his father’s bold move concerning Ripple’s native token XRP.

Discussing it in length on X, Myles G Investment shared how his father liquidated a whopping $800,000 to invest in Ripple’s XRP. 

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Dubbed a move that is rather bold and powerful, Myles contended that the community should seek inspiration from his father’s unhinged admiration and faith for XRP. 

Also Read: Ripple XRP: Machine Learning AI Predicts Price for March 1, 2024

Ripple: Man Liquidates $800,000 to buy XRP

The crypto Twitter community is always brimming with significant investment stories. One such story caught the attention at X, where a man reportedly sold his residential property to buy XRP. 

Myles G Investment, a profile on X, caught the attention of the users when he shared how his father invested $800,000 in Ripple’s token XRP. 

my Dad sold his $800,000 house to buy #XRP.

He’s been investing and Trading for over 50+ years.

He said this is going to be the biggest home run he’s ever made.

Don’t fade my Dad. He got me into #bitcoin at $7,000 and #eth at $200

— Myles G Investments (@MylesGinvest) February 14, 2024

Additionally, Myles G. Investment urged the crypto community to seek inspiration from his father’s bold move. 

He concluded his tweet with the sentence “Don’t fade my dad,” which, by many, has been dubbed a call to seek inspiration from his dad’s recent purchase. 

Myles G. Investment later disclosed his crypto portfolio, sharing that he is an active BTC and ETH trader. He also shared his XRP holdings, streamlining his faith in the currency. 

Analyst Predicts Price to Reach $1.40

Ripple seems to have a diverse community base where people have been noted projecting a positive XRP price flow. 

Also Read: Ripple XRP February End Price Prediction

Per a new tweet by analyst Egrag Crypto, XRP could soon reach the $1.40 mark if it steadily crosses the threshold of wicking, ranging, consolidation, and bullishness. 

Another popular analyst on X, dubbed Dark Defender, also shared his bullish stance on XRP. 

“When XRP was 17 cents and we were calling it $2+ in 2021, people felt that XRP would never appreciate. XRP hit almost $2 at that time. We called it the most significant wave B in crypto. XRP is expected to hit $5.85 as the average point, and people will say the same at that time. Wave 3: This run is in play. And as always, this is my expectation only without financial advice.”

Hi all. On 17-Feb, we checked XRP hitting the orange resistance in the daily chart and supports in the short term should be considered.

Below is the update of the same structure; the last point of Wave 2, the corrective wave, ends between $0.5198 and $0.5066. #XRP will then… pic.twitter.com/AnVmbPcudE

— Dark Defender (@DefendDark) February 21, 2024


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