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Home»Analysis»Here’s how to become a millionaire
Analysis

Here’s how to become a millionaire

2023-10-18No Comments3 Mins Read
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Several crypto analysts and influencers in the XRP Community have continued to make predictions about the future of the XRP price. This time, another has predicted that the token will rise to $100 and has given tips on how to make money from this event.

How to Make $1 Million with XRP

In a after Crypto Analyst and XRP influencer Crypto Assets Guy, shared on the X Platform (formerly Twitter), stated that XRP had the potential to reach $100 within 3-5 years. As for the best way XRP holders can benefit from such significant increase in the price of XRPHe opined that holding 10,000 XRP is sufficient for those who hold for the long term.

He further calculated the potential returns these holders could earn if his prediction came true. Based on this, holders could win as much as $1 million, assuming they owned 10,000 XRP and each token was worth $100 over the next three to five years.

Some seemed to agree with the analyst’s prediction, regarding one particular X user to report that XRP “should” break $100 long before then, mainly due to institutional interests. On the other hand, many seemed to disagree with the prediction declared that it was almost impossible for the token to reach $100 by then.

There was also a category of people who seemed to be tired of such predictions as hers declared that they had heard similar predictions in the past (years ago), and yet there has been no significant increase in the price of the token.

See also  BlackRock Investment Institute Switches to 'Neutral' on US and Japanese Stocks – Here's Why

XRP price prediction factual or otherwise?

The future XRP price is perhaps one of the trending topics in the X-crypto community as analysts and influencers have continued to make predictions about the token’s trajectory. While some have based their prediction on that certain indicators And basics, others seem to make these predictions without any belief or basis for them.

With this in mind, some members of the XRP community have gone this far accusatory these influencers from simply making these predictions for engagement farming. Interestingly, the influencer Crypto Assets Guy who made this $100 prediction was the same person who a few days ago declared that XRP would not reach “$10,000, $1000, $50 or $10” anytime soon.

While you can’t assertively say what he meant by “soon” in this context, it does raise some eyebrows when it comes to the analyst’s recent prediction, as he seemed less optimistic about XRP’s future trajectory just days ago.

XRP price chart from Tradingview.com (XRP Millionaire)

Token price takes a beating | Source: XRPUSD on Tradingview.com

Featured image of FX Empire, chart from Tradingview.com

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Heres millionaire
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