Ethereum
Here’s How Much XRP You Need to Earn to Make $1 Million If XRP Hits $150, $258, $305, and $403
People looking to make $1 million from XRP via ambitious triple-digit price action require a modest initial investment.
XRP has recently renewed optimism among community members and loyal holders of the cryptocurrency, who believe that their millionaire dreams are still on track. Last week, XRP recovered a three-month high at $0.6366, even momentarily emerging as the best performer among leading crypto assets.
Notably, XRP has regained $0.6366 in less than two weeks after revisiting a 16-month low at $0.385, marking a growth of over 65%. This impressive growth has convinced XRP bulls that they are don’t miss the 2024/2025 bullfighting season.
While widespread projections suggest that XRP is likely to reach double-digit valuations, this article explores how many tokens an investor would need to hold to become a millionaire if XRP reaches bold price points of $150, $258, $305, and $403.
XRP to generate $1 million if XRP hits $150, $258, $305, and $403
To earn $1 million via XRP in the hypothetical scenario where its market cap reaches $150, one would need to have 6,667 tokens in their wallet. With XRP trading at $0.5899 at press time, after a brief retracement, the wallet acquisition costs $3,932.66.
In other words, an investor could see their investments explode by more than 253 times if XRP hits $150.
Meanwhile, investors who want to make $1 million with XRP at a price of $258 need a significantly lower initial investment. Specifically, it is enough to hold 3,875 XRP, which costs $2,286 today, to generate $1 million at a price of $258.
Similarly, a cryptocurrency investor would need to buy 3,279 XRP worth $1,934 today to make $1 million when XRP hits $305. XRP’s $403 price requires the least initial capital commitment.
To make a million dollars at $403, one would need to buy and hold just 2,481 XRP, which costs $1,463 today. Meanwhile, that investment would increase by 68,216% if the ambitious $403 price point materializes.
Can XRP Reach $150, $258, $305, and $403?
Given the ambitious nature of this outlook and the substantial return, this raises questions about timing and reality.
Analyst Javon Marks firmly believes XRP will hit a price of $150 if it replicates its violent 2017 surge that led to an ATH. He has repeatedly suggested that this prospect is achievable during this bull season.
Due to MACD reversal and RSI divergence, XRP could outperform the cryptocurrency market and potentially reach $258. A recent technical analysis from Blockchain Backer highlights this observation, citing similar patterns seen in 2017 and 2021 that led to significant XRP rallies.
Meanwhile, analyst Heikin Ashi predicts a multi-stage rally for XRP this bull season based on observing monthly candlestick patterns, highlighting a potential high at $305. Other analysts, such as JD, have suggested a peak at $403 based on similar historical observations.
However, market watchers associated with the Changelly exchange believe that these bold projections would take several decades to materialize.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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