How Much XRP You Need to Become a Millionaire After Ripple’s SEC Victory

With the Ripple and SEC lawsuit now getting resolved, excitement around XRP is starting to build again. After years of uncertainty, Ripple reached a settlement

The saga continues!

After an eternity of waiting, the dust has settled on the SEC lawsuit against Ripple. As the smoke clears and we adjust to the new landscape, we can finally begin thinking about the potential of XRP again.

Now, we’re used to hearing about needing 500,000 dollars to buy enough XRP to become a millionaire, but with the new lower minimum penalty of $50 million and the SEC’s agreement to cease future claims against Ripple, we can look at those numbers with a more confident outlook.

Those familiar with Altcoin Buzz know that we’ve covered this topic before, even during the heat of the lawsuit. But with the legal risks behind us and new data available, we felt it was important to revisit the question: how much XRP would you need to become a millionaire?

As always, we’re not offering financial advice. Any investment decisions are up to you and should be based on your own research and financial situation.

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The New Math of Millionaire Status

With Ripple pivoting towards cross-border payments and real-world asset tokenization, the XRP price could finally be ready to reflect its true potential.

In a recent video, Altcoin Buzz took a look at the updated XRP millionaire equation.

We previously explored this topic in 2021, but with the lawsuit now settled and new data available, we felt it was worth revisiting.

At the previous all-time high of $3.40, you would need around 294,000 tokens to reach the million-dollar mark. At the current XRP price of 2.13 dollars, this would equate to roughly $626,000.

Now, consider a scenario where XRP goes 10 times higher, reaching $21.30. In this case, only 46,900 tokens would be needed, and they would cost you about 100,000 dollars today.

If the XRP price were to rise 20 times to 42.60 dollars, just 23,500 tokens would get you to a million, which comes out to a 50,000 dollar investment at current levels.

This 10x increase in price could occur if Ripple continues leading in tokenization, expands its payment partnerships and increases real-world asset integration. The 20x scenario is more optimistic and would likely take multiple bull cycles or a massive shift in global finance, such as Ripple replacing SWIFT in major money transfer corridors.

The Importance of Context and Changing Numbers

It’s also worth noting that these figures are rough estimates and can vary depending on the exact timing of your investment and the way the crypto market develops.

The good news is that we’re already seeing signs of strong demand for XRP, especially from institutional investors. In the first quarter of the year, inflows into XRP-based investment products nearly matched those of Ethereum.

Moreover, we can expect to see a ProShares XRP ETF later this year, which could attract even more attention from large investors and boost overall XRP price momentum.

As always, it’s crucial to approach any investment with caution and conduct thorough research before making any decisions. This analysis is intended for informational purposes only and should not be taken as financial advice.

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