Is XRP a Millionaire-Maker?
XRP (CRYPTO: XRP) investors got plenty of positive news last year. Ripple, the company that issues XRP, finally settled its lawsuit with the Securities and Exchange Commission (SEC) for $125 million, much less than the $2 billion the SEC wanted. In November, the SEC approved the first spot XRP ETFs, opening up another way to invest in this cryptocurrency.
However, after a strong start to the year, XRP's price sank. It gave up all its returns and ended the year down 9%.
We've seen XRP bounce back from downturns before, and it has long-term growth potential as a cross-border payments solution. Now that you have the opportunity to buy the dip, could XRP be a millionaire maker? Let's find out.
Source Fool.com
