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Is XRP a Millionaire Maker?


The cryptocurrency market has been on a slide in recent weeks as investors move away from riskier assets. XRP (CRYPTO: XRP) has now declined to below where it traded before the news that its creator, Ripple Labs, had resolved its long-standing lawsuit with the U.S. Securities & Exchange Commission.

XRP remains one of the largest cryptocurrencies, with a fully diluted market value of $162 billion. It's the native token of the XRP ledger, enabling quicker, cheaper cross-border transactions.

Despite XRP's price sitting more than 50% below its all-time high, the token price has risen by more than 10,600% since 2015. Is this exciting token still a potential millionaire maker?

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Source Fool.com

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