XRP has a lot of upside potential. But is it enough to make you a millionaire?
There's no denying that cryptocurrency XRP ( XRP -2.37% ) 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.
How much XRP do you need to own?
By looking at the overall circulatin