XRP News Today: Crypto Influencer Predicts XRP Could Create More Millionaires Than Bitcoin

A prominent crypto influencer, Amonyx, has made a bold prediction that Ripple's XRP could potentially create more millionaires than Bitcoin. This statement has sparked a debate within the crypto community about the future value and wealth-generating potential of XRP. Amonyx shared this prediction on X, encouraging the community to bookmark it and check back in the future.

The idea that XRP could surpass Bitcoin in terms of wealth creation is not new to the XRP community. Many long-time holders believe that XRP is still in its early stages, especially given its current trading price around $3, compared to Bitcoin's price sitting above $120,000. These holders see XRP as an opportunity to invest before a significant price increase, similar to what Bitcoin experienced in its early days.

To understand the comparison, it is useful to look back at Bitcoin's journey. Bitcoin went from less than $0.05 to over $123,000 in about 15 years, creating thousands of millionaires and even some billionaires. One example is a wallet from 2011 that sat untouched for over 14 years. It recently became active again, now holding $1.2 billion worth of BTC, compared to just $34,000 back when it was filled.

XRP investors hope to see a similar trajectory. With Ripple's long legal battle with the SEC now concluded, many believe XRP has the potential to grow without legal obstacles. However, for XRP to outdo Bitcoin in terms of wealth creation, it would need to reach extremely high prices. Some holders speculate that XRP could reach prices as high as $10,000 or even $20,000 per token, which would mean life-changing returns for early investors, especially those who bought at fractions of a penny years ago.

However, these price targets are heavily debated. At $10,000 per coin, XRP’s market cap would be over $590 trillion, more than all the wealth in the world combined. With nearly 59 billion XRP tokens already in circulation, many argue that such a price increase is unrealistic. They often point to Bitcoin as a comparison, which has a hard cap of 21 million coins. This limited supply is part of what helps Bitcoin maintain a $2.2 trillion market cap today and reach six-figure prices while maintaining a more realistic valuation.

Despite the skepticism, XRP's strongest supporters believe that a significant breakout is on the horizon. While the idea that XRP could beat Bitcoin in millionaire creation might sound extreme to some, for others, it’s a dream they’ve been holding onto for years. The debate continues, with some investors emphasizing the importance of having a clear exit strategy and financial education to sustain long-term wealth.