Is XRP (Ripple) a Millionaire-Maker Cryptocurrency?
If you'd bought $10,000 worth of XRP (CRYPTO: XRP) back in 2021, your position would be worth a jaw-dropping $118,000 today, highlighting the life-changing potential of cryptocurrency investing. The S&P 500 would have returned a comparably measly $20,000 during that same time frame.However, with its market cap now exceeding $138 billion, XRP will find it more challenging to maintain the same explosive momentum as in the past. Let's explore whether recent regulatory wins and increasing institutional adoption could be the key to the cryptocurrency's long-term success.While XRP is still down roughly 38% from its all-time high of $3.84 (reached in 2018), momentum is picking up -- with the token's price up more than double during the past six months. It isn't hard to see why investors are getting optimistic again. Under the Trump administration, the U.S. government has demonstrated a much softer stance toward the industry.Continue reading
If you'd bought $10,000 worth of XRP (CRYPTO: XRP) back in 2021, your position would be worth a jaw-dropping $118,000 today, highlighting the life-changing potential of cryptocurrency investing. The S&P 500 would have returned a comparably measly $20,000 during that same time frame.
However, with its market cap now exceeding $138 billion, XRP will find it more challenging to maintain the same explosive momentum as in the past. Let's explore whether recent regulatory wins and increasing institutional adoption could be the key to the cryptocurrency's long-term success.
While XRP is still down roughly 38% from its all-time high of $3.84 (reached in 2018), momentum is picking up -- with the token's price up more than double during the past six months. It isn't hard to see why investors are getting optimistic again. Under the Trump administration, the U.S. government has demonstrated a much softer stance toward the industry.
