Cryptocurrency

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 <p class="paragraph">The dream of achieving <a rel="noopener noreferrer nofollow" title="millionaire" href="https://thebittimes.com/tag/millionaire.html">millionaire</a> status has encountered a place in crypto speculators’ minds due to the high-volatile cryptocurrency market and a revolutionary industry that is still in its infancy.</p>
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 <p class="paragraph">In recent years, numerous individuals have increasingly turned to cryptocurrencies and other digital assets such as XRP, hoping to ride the wave to newfound wealth. However, there are no risk-free shortcuts in this journey, with the vast majority of cryptocurrency traders reportedly losing to a small minority of profitable investors.</p>
 <p class="paragraph">From the most objective perspective, an investor with 1.81 million XRP tokens would have $1 million at the current price of $0.55 per token. While a stash of 1 million XRP would be worth $550,000 dollars.</p>
 <p class="paragraph">Notably, a $854,545 worth of XRP purchased one year ago at $0.47 per token would make someone a <a rel="noopener noreferrer nofollow" title="millionaire" href="https://thebittimes.com/tag/millionaire.html">millionaire</a> today.</p>
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   XRP 1-year price chart. Source: Finbold
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 <h2 class="wp-block-heading" id="h-how-to-become-a-millionaire-with-xrp">How to become a millionaire with XRP</h2>
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 <p class="paragraph">From a more speculative perspective, if XRP were to find the same demand it had at XRP’s all-time high market cap of $131.65 billion in 2018, it would be priced at $2.46 with the current circulating supply of 53.4 billion tokens.</p>
 <p class="paragraph">Interestingly, a speculator would need to invest $223,557 at $0,55 per token for a stash of 406,467 XRP that would be worth $1 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a> at the mentioned speculative price.</p>
 <p class="paragraph">In a more optimistic forecast, if XRP demand overcomes its previous all-time capitalization and Ripple’s project were to reach its all-time high price of $3.40 per token, an investor would need to allocate $161,764 at the time of publication to become a millionaire.</p>
 <p class="paragraph">On the other hand, a multi-<a rel="noopener noreferrer nofollow" title="millionaire" href="https://thebittimes.com/tag/millionaire.html">millionaire</a> investor who purchased $6.18 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a> in XRP at its all-time high price would have seen its wealth reduced to just a <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a> dollars five years later.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/how-many-xrp-do-you-need-to-be-a-millionaire-tbt67979.html">https://thebittimes.com/how-many-xrp-do-you-need-to-be-a-millionaire-tbt67979.html</a></p>

How many XRP do you need to be a millionaire?

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