The publication was sponsored by the CryptoXVT telegram channel, where transactions were posted that have now brought huge profits (my author’s channel)
Interestingly, although XRP is currently subject to bullish sentiment, predictions made by CoinCodex's AI machine learning algorithm indicate little movement in the XRP price by the end of 2023. As of July 14, the forecast suggests that XRP will likely trade at $0.79.
At the same time, taking a long-term view, people aiming to become millionaires through investing in XRP may have advantages. Especially if XRP maintains its current price momentum, early entrants will inevitably profit.
Additionally, it is important to stay aware of related developments, such as a possible re-entry into trading on crypto exchanges, which could impact XRP's valuation. Already, Coinbase and Kraken, as well as other exchanges, have re-listed the token. Additionally, regulatory clarity could spur the development of Ripple's global payments infrastructure, which could potentially be a price driver.
XRP Price Analysis
At the time of writing this answer, XRP was trading at $0.8, up 70% in the last 24 hours.
In 24 hours, XRP's market capitalization increased by an incredible $17.32 billion to reach $41.41 billion.
Overall, the ability of XRP to rise to a level sufficient to make an investor a millionaire will also depend on overall market conditions. It should be noted that the price of XRP also depends on market dynamics, including supply and demand, investor sentiment, and overall market trends.
Favorable market conditions with increased demand and adoption of XRP could contribute to a significant price increase.