Based on reports from the XRP camp, she argues that hitting that mark would turn more everyday investors into millionaires than Bitcoin’s own million‐dollar milestone.
Compare that with Bitcoin. At its current price of $114,500, the same $2,960 only buys about 0.025 BTC. If Bitcoin then rose to $1 million, that stake would grow to roughly $25,860.
And if XRP can reach $1000 it will make much more wealthy people than Bitcoin at $1M.
Bitcoin, by contrast, caps at 21 million coins and needs a market cap near $20 trillion for a $1 million price tag. Today’s entire crypto market sits at just over $2 trillion. That means XRP needs a 300× increase in price while Bitcoin needs about a 9× climb.
According to Fundstrat’s Tom Lee, Bitcoin is seen as a digital safe haven similar to gold, with milestones of $150,000 and $500,000 expected within five years.
Based on reports from ARK Invest, CEO Cathie Wood raised her Bitcoin target from $1 million to $1.5 million by 2030, citing growing interest from big institutions.
Strategy founder Michael Saylor has even said Bitcoin could hit a mind-boggling $13 million by 2045. Author Robert Kiyosaki expects Bitcoin to reach $1 million by 2035, pointing to rising US debt and financial strain.
For his part, Bitcoin advocate Samson Mow, CEO of JAN3, has reiterated his forecast that Bitcoin will hit $1 million this year.
Everyday investors may see bigger token counts with XRP, but big gains often come with big risks. Betting on a 300× gain is a very different game than a 9× gain.
Whether XRP ever reaches $1,000 remains to be seen. The math may show how more millionaires could emerge if it did. But growth on that scale would require massive adoption and fresh capital. For now, both digital assets have a long way to go before they hit these ambitious targets.
Featured image from Unsplash, chart from TradingView
