Is the Cryptocurrency XRP a Millionaire Maker?

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If you had invested $6,000 in the world’s largest cryptocurrency Bitcoin roughly a decade ago, you’d be a millionaire today. Bitcoin and the crypto sector have overcome all odds not just to survive, but to thrive. The token recently surpassed $107,000. Several other cryptocurrencies have done well and grown to market caps exceeding $100 billion. One is XRP (XRP -5.93%), which currently has the fourth-largest market cap in the crypto sector at more than $140 billion. If you invested in XRP a decade ago, there is a chance you’re a millionaire today. But how about now? Can XRP make you a millionaire from current levels?

What is XRP?

Four software engineers, David Schwartz, Jed McCaleb, Arthur Britto, and Christian Larsen, built XRP and the XRP ledger in 2011, a few years after Bitcoin launched. The four formed the company now called Ripple, run by Chief Executive Officer Brad…

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