“You don’t get rich with 500 dollars in XRP,” says Crypto millionaire

Crypto Jack, a well-known trader with millions to his name, lashes out at what he calls “false hope” within the XRP community. In a post on X he warns investors who think that a few hundred dollars in XRP is enough to get rich.

“You don’t get rich with an investment of 500 dollars in XRP,” he says. According to him, you have to invest at least $ 10,000 if you want to make a real profit.

How much profit can you really make with XRP?

A simple calculation makes much clear. At the current rate of $ 3.03 you can buy around 165 XRP for $ 500. If XRP ever rises to $ 10, it will yield around $ 1,650. Nice, but far from “financial freedom”.

A bet of $ 10,000 gives a total of around 3,300 XRP. At a rate of $ 10, that would come to 33,000 dollars. Still not millions, but it does make an amount that can make a serious difference.

This makes Crypto Jack clear that many YouTubers and influencers give false hope with excessive price forecasts that do not take simple arithmetic into account.

XRP price objective: why 100 dollars is unrealistic

Some influencers predict that XRP will ever be worth 100 dollars. But that would amount to a market value of almost 6 trillion dollars. For comparison: that is more than the entire cryptomarket is worth at the moment.

Even a price of 20 dollars already means a market value of 1 trillion dollar. That is only feasible if mass adoption and institutional money flows in the market – and we are not nearly that far.

XRP remains interesting for large parties

Despite all the hype, XRP remains one of the most traded coins. The liquidity is great, the volumes remain high, and large parties also watch.

For example, a request has been made in the US to offer XRP futures. That would give institutional investors extra options for stepping in or to cover risks. A signal that XRP has not yet been written off.

What does this mean for investors?

Crypto Jack’s message is not that small investments are useless. But you don’t have to expect miracles from it. “With $ 500 you can start well, but don’t expect a villa on the beach,” he says.

Do you want to invest seriously? Then think about your strategy, invest in spread, and remain realistic. Because in crypto it is rarely about one lucky bet – it’s all about patience, knowledge and timing.