Less Than 100 XRP Needed To Become A Millionaire? New Research Suggests

Less Than 100 XRP Needed To Become A Millionaire? New Research Suggests
Valhil Capital has published a new research paper assessing the fair value of XRP, and the results are astronomical. The private equity firm explains in the research paper, using six pricing models, that the fair value is somewhere between $3,500 and $21,900 per token. So, as one community member pointed out, it would only take 77.9 XRP to become a millionaire at the median price of $12,822. Even at the most conservative projection of $3,500, 285.8 XRP would be enough to become a dollar millionaire. XRP Price To The Moon? Molly Elmore, Chief Marketing Officer (CMO) at Valhil Capital, shared the whitepaper titled “A Comprehensive Approach To Determine The Fair Market Value Of XRP” via Twitter. According to her, the document is the result of an extensive two-year research conducted by a “larger group of individuals,” the “confidential committee.” The origin of the effort was the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple, which raised the question: if the SEC’s lawsuit harmed retail investors, how could financial damages be calculated? To do this, Valhil Capital argues that it is neces ..

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