The post Here’s How Much XRP You Need to Make $1M, $5M, $10M If XRP Hits $1, $3, $5 or $10 appeared on BitcoinEthereumNews.com.

XRP has the potential for substantial returns, with market participants constantly evaluating how much they need to net profits of $1M, $5M or $10M should the asset hit certain price targets. This article provides insights into the amount required for investors to net $1 million, $5 million and $10 million if XRP ever clinches lofty price targets such as $1, $3, $5 or $10. XRP Needed to Make $1M, $5M, or $10M at $1 The last time XRP saw the $1 price was in December 2021. XRP Captain, a prominent figure in the XRP community, has projected that XRP may soon reach $1, citing the ASO indicator. If XRP hits $1, an investor holding 1 million tokens would be sitting on $1 million. These 1 million tokens are currently worth $515,800. For a $5 million return when XRP reaches $1, an investor would need 5 million tokens, currently worth $2,579,000. – Advertisement – However, to secure $10 million when XRP reaches $1, an investor would need to hold 10 million tokens. These tokens are currently worth $5,158,000. XRP Needed to Make $1M, $5M, or $10M at $3 Earlier this month, prominent analyst EGRAG called attention to XRP’s Weekly Volume Profile Visible Range (VPVR). The analyst highlighted two crucial structures within this metric, projecting a surge to $3. At $3 per XRP, an investor holding approximately 333,333 tokens would be sitting on $1 million. These tokens can be purchased for approximately $171,933 at XRP’s current price.  For a $5 million return at $3, an investor would need 1,666,667 XRP tokens, currently worth $859,666. To secure $10 million when XRP reaches $3, one must hold 3,333,333 tokens, currently worth around $1,719,271. XRP Needed to Make $1M, $5M, or $10M at $5 Shortly after XRP gained legal clarity in the United States from…

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Filed under: News - @ October 21, 2023 1:08 pm