Rally

<div class="watcher-guru">
 <p><a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP token has had a lucrative year so far in 2023. The token’s price has surged by over 83% since January and is currently up by 61% since last December. Nonetheless, the token has faced a sharp correction over the weekend. XRP is down 4.7% in the daily charts and 6.9% over the previous month.</p>
 <p><strong>Also Read: <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> XRP: Weekly $100 Since Launch Is Worth This Much Today</strong></p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="875" src="https://cdn.thebittimes.com/images/2023/12/12/18a2855713b070eca1a38a084fdaa1ff.webp" alt class="wp-image-121455" srcset="https://cdn.thebittimes.com/images/2023/12/12/18a2855713b070eca1a38a084fdaa1ff.webp 1024w, https://cdn.thebittimes.com/images/2023/12/12/18a2855713b070eca1a38a084fdaa1ff.webp 300w, https://cdn.thebittimes.com/images/2023/12/12/18a2855713b070eca1a38a084fdaa1ff.webp 768w, https://cdn.thebittimes.com/images/2023/12/12/18a2855713b070eca1a38a084fdaa1ff.webp 1536w, https://cdn.thebittimes.com/images/2023/12/12/18a2855713b070eca1a38a084fdaa1ff.webp 380w, https://cdn.thebittimes.com/images/2023/12/12/18a2855713b070eca1a38a084fdaa1ff.webp 550w, https://cdn.thebittimes.com/images/2023/12/12/18a2855713b070eca1a38a084fdaa1ff.webp 800w, https://cdn.thebittimes.com/images/2023/12/12/18a2855713b070eca1a38a084fdaa1ff.webp 1160w, https://cdn.thebittimes.com/images/2023/12/12/18a2855713b070eca1a38a084fdaa1ff.webp 1662w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: CoinGecko
  </figcaption>
 </figure>
 <p>Nonetheless, analysts anticipate the token to generate considerable steam in the long run. Therefore, reaching “millionaire” status with the XRP token seems to be a realistic goal.</p>
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828227"></div>
  </div>
 </div>
 <h3 class="wp-block-heading" id="h-how-much-to-invest-to-be-a-millionaire-if-ripple-s-xrp-hits-5">How much to invest to be a millionaire if Ripple’s XRP hits $5?</h3>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/12/12/508b6805fe857908eaae95690320424f.webp" alt="XRP" class="wp-image-118802" srcset="https://cdn.thebittimes.com/images/2023/12/12/508b6805fe857908eaae95690320424f.webp 1024w, https://cdn.thebittimes.com/images/2023/12/12/508b6805fe857908eaae95690320424f.webp 300w, https://cdn.thebittimes.com/images/2023/12/12/508b6805fe857908eaae95690320424f.webp 768w, https://cdn.thebittimes.com/images/2023/12/12/508b6805fe857908eaae95690320424f.webp 380w, https://cdn.thebittimes.com/images/2023/12/12/508b6805fe857908eaae95690320424f.webp 550w, https://cdn.thebittimes.com/images/2023/12/12/508b6805fe857908eaae95690320424f.webp 800w, https://cdn.thebittimes.com/images/2023/12/12/508b6805fe857908eaae95690320424f.webp 1100w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source – Crypto
  </figcaption>
 </figure>
 <p>Reaching $5 from current price levels translates to a growth of about 700% from current levels. If XRP hits $5, you need 200,000 tokens to hold $1 million worth. The price of 200,000 tokens right now is about $125,000. The return on investment in such a trade would be very high.</p>
 <p><strong>Also Read: <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> XRP: ChatGPT Predicts 1,200% Rally to $8, Here is When</strong></p>
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div id="primisContainer" class="add"></div>
 </div>
 <p>However, the question now becomes whether XRP can reach $5. <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s partial victory in its lawsuit with the SEC (Securities and Exchange Commission) positively impacted the token’s adoption. However, the lawsuit is ongoing, and XRP’s status as a “non-security” is not final. However, there is a high chance that the US Supreme Court will take the same route as the district court, and <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s sale of XRP to retail investors will declared “non-security.”</p>
 <p>Furthermore, the use of <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP token for cross-border remittance has surged in the last few years. Analysts expect this metric to grow over the next few years.</p>
 <p>An increase in adoption and a win against the SEC could give the token an edge to hit $5. Nonetheless, the journey will not be easy, and investors will need patience along the way.</p>
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828233"></div>
  </div>
 </div>
 <p></p>
</div>
<div class="cs-entry__tags">
 <ul>
  <li>Ripple</li>
  <li>xrp</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ripple-how-much-to-invest-to-be-a-millionaire-if-xrp-hits-5-tbt73358.html">https://thebittimes.com/ripple-how-much-to-invest-to-be-a-millionaire-if-xrp-hits-5-tbt73358.html</a></p>

Ripple: How Much to Invest to Be a Millionaire if XRP Hits $5?

Table of Contents

TheBitTimes

Other articles published on Dec 12, 2023

SOL Price Gains Strength Above $70 as Stablecoin Supply on Solana Network Increases!

Uquid partners with Assure Pro

Security Concerns Mount as HTX Crypto Exchange Suffers $30 Million Exploit

Fortnite Is The Only Game Doing Justice In Defining Metaverse

Prominent Crypto Trader Shares Bullish Outlook on Bitcoin (BTC), Ethereum, and This ETH Alternative

Bitcoin Derivatives Indicate Optimism for $50K Target Despite Recent Corrections!

Join our free newsletter for daily crypto updates!