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Could Investing $25,000 in XRP (Ripple) Make You a Millionaire?
Since Donald Trump won the presidential election in November, Bitcoin (CRYPTO: BTC), typically viewed as a bellwether for the crypto sector, has performed extremely well and has proved to be remarkably resilient, surpassing $100,000 on several occasions.However, it has clearly benefited from the belief that it is a form of digital gold. Investors have grown increasingly concerned about the U.S. government's fiscal situation and have piled into assets like gold and Bitcoin, seemingly as a flight to safety.But not all cryptocurrencies have benefited, and some have been much more volatile and vulnerable to bad news. XRP (CRYPTO: XRP) has rocketed higher since Trump's victory, but has fallen from highs reached earlier this year. Could investing $25,000 in XRP make you a millionaire?Continue reading
Since Donald Trump won the presidential election in November, Bitcoin (CRYPTO: BTC), typically viewed as a bellwether for the crypto sector, has performed extremely well and has proved to be remarkably resilient, surpassing $100,000 on several occasions.
However, it has clearly benefited from the belief that it is a form of digital gold. Investors have grown increasingly concerned about the U.S. government's fiscal situation and have piled into assets like gold and Bitcoin, seemingly as a flight to safety.
But not all cryptocurrencies have benefited, and some have been much more volatile and vulnerable to bad news. XRP (CRYPTO: XRP) has rocketed higher since Trump's victory, but has fallen from highs reached earlier this year. Could investing $25,000 in XRP make you a millionaire?
