XRP is a blue chip cryptocurrency with enormous potential.
Saving and investing are keys to building wealth over the long term. And if you have $1,000 that you don't need for expenses, consider putting it to work in the financial markets. The results can be impressive.
For example, if you bought $1,000 worth of the digital coin XRP ( XRP -4.67% ) five years ago, you would have a return of more than 1,000% today.
XRP is now a $180 billion behemoth. And with such a large market cap , investors shouldn't expect a repeat of the bull run it experienced when it was much smaller and more volatile.
But XRP still looks capable of outperforming the broader market during the long term. Let's discuss some reasons it's still an excellent buy.
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