The well -known media personality John Squire predicts that XRP will soon be able to increase in such a value that many investors can retire earlier than expected. His remarkable statement comes at a time when the crypto coin has not shown a significant price increase for more than two months.
XRP is currently being traded for around $ 2.07 each, which amounts to a fall of 30% in the last 60 days. Yet Squire remains optimistic. According to him, there is a huge financial reward in the offing for XRP investors, which could bring the dream of an early retirement within reach.
How realistic is early retirement with XRP?
Whether XRP is actually able to make early pensions possible depends mainly on someone’s financial objective and the amount of XRP that one has. Suppose an investor strives for a pension assets of $ 1 million and currently has 1,000 XRP in portfolio – a value of around $ 2,070 – then the rate should rise to $ 1,000 per token. That means an explosive increase of 500 times the current value.
Someone with 100,000 XRP, currently good for around $ 207,000,, on the other hand, only has to see an increase to $ 10 per token to achieve the same goal. According to Squire, such price levels are less far -fetched than they seem. He even warned that investors can regret within five years if they do not own enough XRP.
Historical achievements give hope
Although the current market XRP gives little wind in its sails, the past shows what the coin is capable of. In the past year, the value of XRP increased by no less than 252%, while Bitcoin noted only 26% profit in the same period. Since the introduction, XRP has even increased 350 times in value, which has yielded enormous returns.
Squire’s statements ensure division within the crypto community. Optimistic investors believe that XRP can produce significant returns in the event of a breakthrough over earlier all-time highs. Critical voices, on the other hand, consider a prize above $ 10 as unrealistic and point to the major challenges that still have to be overcome for that.
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Source: https://newsbit.nl/crypto-expert-xrp-kan-zorgen-voor-talloze-vervroegde-pensioenen/
