How Much Could $1,000, $5,000, and $10,000 in XRP Turn into in 5 Years if XRP Hits $100 ??
Investors holding a few thousand dollars in XRP could see their positions expand significantly by the end of the decade.
Many in the crypto community see XRP as their potential path to financial freedom. This is largely because the coin boasts crucial utility in payments and has a rich history of explosive performance.
Notably, forecasts around how high XRP could go in the next few years have been widespread in crypto circles. Amid these speculations, The Crypto Basic examines the potential worth of strategic investments like $1,000, $5,000, and $10,000 in XRP under a five-year window.
$1,000, $5,000, and $10,000 in XRP Could Turn into in 5 Years
Notably, how precisely XRP could perform in the next five years is uncertain. However, according to John Squire, a media personality, market participants may regret not increasing their exposure to XRP in five years.
He suggests that XRP could be worth more than its current $2.30 price by 2030 and that many could regret not buying more at this “low” price.
To some extent, the suggestion holds weight when looking at XRP’s performance over the last five years. The token traded as low as $0.14 in March 2020, meaning it has appreciated by 15X or 1,543% in the last five years. The gains are even more significant when considering its recent yearly high of $3.40.
This historical performance and its ongoing adoption continue to boost the confidence of enthusiasts about XRP’s trajectory by the end of this decade.
By 2030, suppose XRP hits $100, as suggested by many analysts. Wallets with a $1,000 investment in XRP today would see their portfolio rise to $43,478. Notably, $1,000 in XRP today can buy 434 tokens. Accordingly, the value of these tokens could approach $45K with $100 per XRP.
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Meanwhile, a $5,000 sum can acquire 2,173.91 XRP tokens today. At $100 per token, this portfolio could be worth a hefty sum of $217,391.
Similarly, those with a larger investment in XRP, such as $10,000,