Could Buying This Cryptocurrency Make You Rich?
XRP has delivered explosive growth before, but investors should keep their expectations realistic.
Overview
XRP (CRYPTO: XRP), a payments coin developed by Ripple, is one of the most successful cryptocurrencies. It's the fifth largest at the time of this writing (Sept. 8) and has a market cap of $89 billion. It has also gotten much cheaper recently, trading at about $1.40, compared to $3.65 last July.
Investors in XRP have seen massive returns before. Given the current dip, let's see if this cryptocurrency could make people rich again.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.