Dom Kwok Advises XRP Holders to ‘Hold Until $1,000’ Amidst Disappointment Over Limited Adoption

A recent exchange on X between frustrated XRP holder Stealth and EasyA co-founder Dom Kwok has sparked a debate within the crypto community. Stealth lamented the lack of everyday use for XRP in transactions, highlighting failed attempts to utilize it at restaurants and stores. In response, Kwok advised holding onto XRP until its value reaches $1,000. While brief, this comment ignited responses from individuals with contrasting viewpoints on XRP’s current market value and long-term potential. Many interpreted Kwok’s message as a reflection of confidence in the asset’s future appreciation, despite its limited retail adoption now. The exchange brought attention to the distinct perspectives regarding XRP’s purpose as a long-term investment versus its present lack of transactional usage by consumers. While some view this as a sign of real-world utility challenges, others believe it highlights the asset’s potential for significant growth in the future. Kwok’s response fueled further discussion on strategies to manage XRP holdings. Crypto enthusiasts shared their opinions: GrimmReaper suggested accumulating enough XRP to live off its yield, while CryptoTiger 589 advocated taking partial profits between now and January and retaining a portion for passive income opportunities, citing the potential impact of the anticipated CLARITY Act on XRP-based yields. The ongoing debate around adoption, yield generation, and legislative reforms continues to divide the community. Kwok’s optimism serves as a reminder of the long-term belief held by many in the XRP community regarding the asset’s future value. This article is intended for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions, with full awareness that all actions taken carry inherent risks.