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How Much Should You Invest in Ripple (XRP) to Become a Millionaire in Next Bull Market?

3 mins
By Дарья Краснова
Translated Harsh Notariya
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In Brief

  • Ripple's native token, XRP, trades at 85% below its all-time high from 2018, sparking interest in potential growth.
  • Ripple aims to facilitate easier, cheaper, and faster money transfers, with solutions available in over 50 countries globally.
  • To become an XRP millionaire, one would need to purchase 294,117.65 XRP, worth approximately $150,000 at current prices.
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Ripple is widely recognized within the cryptocurrency community. And followers of digital assets have been keeping a close eye on the company’s ongoing legal battle with the US Securities and Exchange Commission (SEC) for several years.

Currently, Ripple’s native token, XRP, trades at 85% below its all-time high from January 2018. Could XRP potentially make investors millionaires?

Newcomers often panic and hastily sell off their assets during large-scale market crashes. However, seasoned traders see these events as opportunities to build a solid medium- or long-term portfolio and buy their preferred coins at a lower price.

Let’s figure out how much you need to invest in XRP now to become a millionaire during the next bull run.

Prospects For Ripple

Based in California, Ripple is aiming to make money transfers easier, cheaper, and faster. According to the project’s official website, the startup’s solutions are currently available in over 50 countries worldwide.

The ecosystem includes several basic solutions and tools:

  • XRP Ledger (XRPL)  – a decentralized public blockchain
  • XRP is the native  token of XRPL
  • RippleNet is the project’s global network that carries out the operations. Financial organizations that want to use startup tools to organize cross-border payments are joining it. 

The project was launched in 2012 by developers David Schwartz,  Jed McCaleb, and Arthur Britto. The author of the concept was programmer Ryan Fugger. He launched the decentralized payment system in 2005, the ideas of which formed the basis of the startup.

In 2012, businessman Chris Larsen also joined the team and took over as CEO. Together, the team founded the company Ripple Labs, which is still responsible for developing the platform. In 2016, the CEO position was passed to Brad Garlinghouse.

At the end of December 2020, the SEC accused  Ripple of illegally selling securities in the form of XRP tokens. The company’s representatives disagreed with the characteristics the regulator gave to the cryptocurrency. 

As a result, a confrontation between the parties began. On July 13,  the SEC lost the Ripple case – the court ruled that the sale of XRP to retail investors doesn’t qualify as an offer of unregistered securities.

Click here to learn everything you need to know about Ripple vs. SEC

The asset currently ranks among the top five most capitalized cryptocurrencies with $8.02 billion.

Top five cryptocurrencies based on market capitalization. Source: BeInCrypto
Top five cryptocurrencies based on market capitalization. Source: BeInCrypto

How Much XRP Do You Need?

Some analysts believe that XRP can show tremendous growth and reach the five-digit mark. However, this scenario does not look very realistic, so we will rely on historical data to calculate the required number of tokens.

To calculate the amount of XRP you need to buy to become a millionaire when the price returns to its all-time high of $3.40, you can use the following formula:

XRP Quantity = Target Amount / Expected Future Price,


  • Target amount: $1 million
  • Expected future price – all-time high $3.40

Thus, to see a round sum of $1 million in your account, you need to purchase 294,117.65 XRP. At the current price of $0.51, the coins would be worth approximately $150,000.

However, it should be understood that the crypto market can be extremely volatile and subject to black swans. The calculations provided are based solely on current data and assumptions. Always adhere to risk and money management and only trade with money you can afford to lose.

Click here to understand the black swan theory.

Do you have anything to say about how XRP can make investors millionaires or anything else? Write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or X (Twitter).

For BeInCrypto’s latest Bitcoin (BTC) analysis, click here.

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Harsh Notariya
Harsh Notariya excels in delivering SEO-optimized crypto news under tight deadlines. Previously, as a Growth Marketer at Sporty and a Community Consultant at Totality Corp, he significantly boosted community engagement and followers. Harsh also crafted engaging content for top crypto influencer Shivam Chhuneja, blending meme references for an educational yet fun experience. His versatile skills make him a notable figure in crypto journalism.