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Is XRP Really a Millionaire-Maker?

TheMotleyFool

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Is XRP Really a Millionaire-Maker?: https://g.foolcdn.com/editorial/images/833597/stock-market-investor-person-looking-at-smartphone-and-laptop.jpg

There's no denying that cryptocurrency XRP (CRYPTO: XRP) has tremendous upside potential. In the period from November 2024 to January 2025, XRP soared by a remarkable 580%. Then, in July of this year, XRP went on a sizzling summer rally, hitting a new 52-week high of $3.65.

But does XRP, which was designed to facilitate cross-border fund transfers, really have millionaire-maker potential? After all, XRP has never traded higher than $3.84. Obviously, if you're buying XRP now at a current price of about $3, you're going to need a lot more upside than that.

Let's do the math and see if XRP millionaire status is actually feasible.

Source Fool.com

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