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Is XRP (Ripple) a Millionaire Maker?


Cryptocurrencies have minted millionaires over the past several years, leaving some crypto investors wondering if they put their money on the right coin at the right time, could it happen to them, too? And one coin that's got investors' hopes up is XRP (CRYPTO: XRP), which was created by Ripple Labs.

XRP's value has fluctuated drastically lately, like that of other cryptocurrencies, but during the past three years, its price has increased by more than 400%. Why has it been so successful, and could further price spikes mint millionaires? Most likely not. Here's why it's unlikely, but why owning some XRP in your digital wallet may not be a bad idea.

Image source: Getty Images.

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Source Fool.com

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