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.

Also Read: Trump Confirms Bombing of Iran Nuclear Sites, Bitcoin Crashes to $101K

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.

Rising Forecasts Push Smaller XRP Holdings Into the Spotlight

Analysts believe that access to extensive XRP holdings could become more difficult if prices climb as predicted. Early investors with even small stakes might see high returns in the long term.

A holding of 10,000 XRP, for example, would cost over $20,000 now but could be worth over $14 million if Changelly’s top-end forecast holds.

Nevertheless, lower entry is still favored. An investment of 700 XRP is viewed as more within the reach of retail investors at the prevailing prices. This would be sufficient to hit a seven-figure portfolio in case XRP hits its projected high.

With ambitious forecasts pushing future price expectations higher, XRP continues to attract long-term investors. If current predictions are accurate, even small holdings like 700 XRP could offer life-changing gains by 2040.

Also Read: XRP Price Squeeze Nears Breaking Point as Analysts Predict Explosive Move

The post HOLDING Just 700 XRP Could Make You a Millionaire by 2040, Forecast Shows appeared first on 36Crypto.