"Revealing the secret! XRP prices soar, how can investors seize the opportunity of $5 or $10 wealth?"
Want to know how many XRPs are needed to make $1 million or $5 million when the price of XRP rises to $5 or $10? Let's talk about a few key points, such as the lawsuit between Ripple and the SEC, and the bull market in 2024.
I heard that the price of XRP may rise to $5, and even if Ripple wins the lawsuit against the SEC, it may soar to $10. Those powerful analysts predict that in the next bull market, XRP will rise more than tenfold.
If XRP really rises to $5, you need 200,000 XRPs to make $1 million; if it rises to $10, you want to make $5 million, then you need 500,000 XRPs. The algorithm is simple, just divide the desired amount of money by the price of XRP.
However, whether XRP can rise to these prices depends on several situations. For example, if RLUSD is launched, more money in the XRPL ecosystem will flow, and the price of XRP may go up. In addition, the XRP exchange-traded fund (ETF) that Bitwise may launch will also make more people want to buy XRP, and they will have more confidence.
If XRP really rises to $10, its market value will have to be $566 billion. This sounds a bit difficult, but it is not impossible. After all, XRP's market value was similar to Ethereum before. If XRP's market value is similar to Ethereum again, the price will have to be around $7, so the $10 target is not entirely based on guesswork.
As for whether XRP can rise to $5 or $10, it depends on the market, the progress of the lawsuit between Ripple and the SEC, and whether the bull market will come in 2024.
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