Is 500 $XRP Enough To Make You A Millionaire?
A guy named Kenny Nguyen has been tweeting that anyone can become a millionaire with only 500 XRP tokens.
He gave the following 5 reasons for his conviction:
1. Ripple Victory
2. Exchanges Relist XRP
3. Ripple IPO Across Stock Exchanges
4. XRP As Bridge Currency for CBDC
5. XRP As US Reserve Currency
1 and 2 is already done. What was the result? XRP moved from $0.56 to $0.93, flipping BNB to become the 4th largest crypto by market cap.
However, points 3-5 are plain ridiculous and will never happen. Especially point 5
500 XRP is worth $360. That's 2,777x to get to $1m, and a market cap of $$115.3 trillion. That is almost 10x higher than market cap of Gold, the aset with largest market cap, at $12.3 trillion.
That's totally unrealistic.
How many XRP can make you a millionaire?