The Ripple ecosystem has been dealing with increasing drama over the past few years. From its infamous legal battle to XRP’s sudden delisting, the network has been the talk of the town. Nevertheless, members of the XRP community have been waiting to witness the altcoin’s potential surge.
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XRP’s recent performance and future prospects
Altcoins have shown tremendous volatility over the past few weeks. Unlike other markets, XRP recorded a nearly 6% drop in price. Last week saw a significant slowdown as assets fell by 11%. At the time of writing, the altcoin was trading at $0.524, up 1% daily. It is noteworthy that Ripple’s XRP saw a 40% decrease in daily volume.
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How high does a coin need to rise for a $2000 investment to grow to $1 million?
Investors can purchase 3808 tokens for $2000 at the current price of the asset. For each of these tokens to be worth $1 million, they would need to increase in value to approximately $262. To reach $262 from current levels would require an increase of approximately 49,987.79%.
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XRP long-term price prediction
It is worth noting that XRP is 86% below its all-time high of $3.84. This is still quite far from the $262 milestone. According to Changelly, Ripple’s coin could reach more than $100 by 2033 or later. The asset is expected to rise to a high of $322 in 2040. As a result, XRP will most likely reach $262 between 2033 and 2040.
Although it seems like a long wait for investors, Ripple’s coins could yield life-changing returns in the future.
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