HOLDING Just 700 XRP Could Make You a Millionaire by 2040, Forecast Shows
A growing number of crypto enthusiasts are turning to XRP as a potential path to future wealth. New forecasts now suggest that holding just 700 XRP tokens could lead to millionaire status by 2040 if projected price levels are reached.
Current data places XRP at approximately $2.07 per token, meaning an investment of under $1,500 could secure 700 XRP. Crypto exchange Changelly predicts that the digital asset may soar to as much as 1,474 in the next 20 years by the end of 2040.
Should this materialize, holding a 700 token would be worth over a million dollars.
Such long-term forecasts have been boosting interest in XRP as a retirement instrument. Traditional retirement planning estimates that a person will need to save about a million dollars by using the recommended income replacement calculations and today’s average wages in the U.S. Most earners might find it challenging to save the said amount regularly.
Other financial models advise that an individual saves (up to 10 times) an annual income to retire comfortably. Nevertheless, nowadays, many people consider digital assets such as XRP to be a potential complement or alternative.
As more people become interested in making crypto-based portfolios, a very minor amount of XRP now might become a significant financial asset when approaching retirement age....
