Alpha Lions Academy CEO Edward Farina is trying to find the altcoin that will bring financial freedom during the next bull season.
“Hold this altcoin for financial freedom”
Alpha Lions Academy CEO shared a name from the altcoin market for long-term financial freedom. Farina claims that holding 10,000 XRP could provide a pathway to wealth when the next altcoin bull occurs. At the current exchange rate, an investment of 10,000 XRP equates to approximately $4,643.
Meanwhile, another crypto analyst Jenna Kady argues that this amount should be 150,000 XRP. This investment is equivalent to $69,645, as opposed to an investment of $4.5K.
“Less but self”
Interestingly, Farina belongs to the majority group (63% of respondents) who think that making wealth with XRP needs much less than the starting point of 150,000 XRP suggested by Kady. She suggested that just 10,000 XRP would be enough, she said. However, Farina says this is just her personal point of view. She also cautioned that it should not be misunderstood as investment advice, she said. He expresses his point of view thus:
10,000 XRP will set you free if you continue the complex journey that awaits, including the ups and downs, FUD, and more, with lots of patience, a cold wallet, and knowing how to handle emotions.
BitBoy’s predictions drew the backlash of the altcoin community
Discussions with XRP reach out to crypto phenom BitBoy, who previously said to buy 150,000 XRP to reach millionaire status. BitBoy’s viewpoint received mixed reactions, with a significant portion of XRP advocates expressing disagreement.
Many crypto enthusiasts found BitBoy’s token count excessive. This led to more polls and discussions within the community. At the time of writing, XRP is still trading in the $0.4705 region.
XRP leverages its advantage in Hinman documents
As we quoted as Kriptokoin.com, XRP gained more than 5% on weekdays after two new news. On May 19, attorney James Filan, who is close to the Ripple case, shared an update on the Hinman documents.
According to a tweet, the SEC and Ripple Labs submitted a Joint Letter for a one-week extension until June 13, 2023 to make versions of the crossover moves public for the summary judgment and accompanying exhibits featuring Hinman.
The Hinman documents relate to a 2018 speech by Bill Hinman, former director of the SEC’s corporate finance division. During the conversation, Hinman says that Ether is not a security. These documents cover the SEC’s internal conversations and deliberations surrounding this particular speech.