Over the last few years, Ripple has seen an increase in drama. The network was the topic of conversation for a number of reasons, from the infamous court battle to the sudden delisting of XRP. Despite the fact that XRP has been gaining popularity, many members have waited for a spike.
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XRP’s recent Performance and Future Potential
Altcoins have seen a lot of volatility in the last few weeks. XRP’s price dropped by nearly 6%, unlike the rest of market. It was a slow week for the asset, which dropped 11%. As of press time the altcoin’s price was $0.524, following a daily gain of 1%. Ripple’s cryptocurrency XRP has seen a daily decline of 40%.
What is the coin surge for a $2000 investment to grow into $1 million?
A token’s price at current market value is $2000. To be worth $1,000,000, each token must reach a value of $262. To get from current levels to $262, it would require a rise of 49.987.79%.
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XRP’s long-term price predictions
The XRP price is currently 86% less than the all-time record high of $3.84. The $262 mark is still some distance away. Changelly predicts that Ripple coin’s value will reach $100 or more after 2033. It is predicted that the asset’s value will reach $322 by 2040. The XRP price is expected to reach $262 in 2033.
Ripple’s coin may seem like an eternity for some investors but it could lead to life-changing profits in the future.
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Source: watcher.guru