Heres Why You Need to Hold 1,000 to 5,000 XRP

Holding 1,000 to 5,000 XRP could present a life-changing opportunity as speculation grows that Ripples escrowed XRP may help offset the U.S. national debt.Now more than ever, XRP proponents strongly believe in the future potential of their beloved tokens. Ripple continues to push for XRPs in U.S. national financial discussions, including meetings with the new administration.Recently, Ripple CEO Brad Garlinghouse revealed that he has had direct conversations with U.S. President Donald Trump about the value of blockchain technology. One of Garlinghouses key advocacies is the creation of a U.S. strategic crypto reserve that could include Bitcoin, XRP, and other assets.With the potential for XRP to be part of a proposed U.S. crypto reserve, many are speculating about the potential price of XRP and how holders could benefit from such a move.Meanwhile, some believe XRP could help address the U.S. national debt if adopted as a strategic reserve. They argue Ripples 37.7 billion XRP in escrow could serve that purpose. For context, this escrowed XRP is worth approximately $114 billion, based on XRPs current price of $3.02 per token.However, the U.S. national debt currently stands at $36.22 trillion. At its current valuation, Ripples $114 billion in escrowed XRP wouldnt be enough to offset the national debt. Essentially, XRPs unit price would need to rise exponentially for this hypothetical scenario to become a reality.For Ripple's escrowed XRP to reach the $36.22 trillion value of the U.S. national debt, XRP's price would need to rise to $960 per token. Given XRPs current price of $3.02, this would require an extraordinary growth of 31,688%.Could XRP Soar 31,688% to $960?With President Trump starting a four-year term, for XRP to hit a $960 price by the end of this period, it would need to register a compound annual growth rate (CAGR) of 373%. In other words, XRP would need to increase by 373% each year for the next four years to reach $960.Currently, XRP has posted a one-year performance of 513%. Yet, it remains uncertain whether it can maintain such growth over the next four years.

XRP one year perfomance

XRP one-year performance

What Holding 1,000 to 5,000 XRP Could MeanFor XRP holders, this scenario is enticing, as it could lead to life-changing sums. Specifically, those holding between 1,000 and 5,000 XRP could see their portfolios grow into multimillion-dollar fortunes.For context, 1,000 XRP is worth $3,020 today. In the scenario where XRP posts a consistent 373% annual growth over the next four years, reaching a price of $960 per token, this portfolio would be worth $960,000.For those holding 5,000 XRP, currently worth $15,100, this investment could balloon to approximately $4.8 million.ClarificationsHowever, its important to note that the idea of the U.S. taking over Ripples escrowed XRP for use as a strategic reserve or to offset national debt is purely hypothetical. While some community members champion this discussion, it remains uncertain whether it could drive XRPs price to soar.Additionally, the U.S. government has not yet taken a definitive stance on whether it will establish a crypto strategic reserve. The presidential task force, headed by crypto czar David Sacks, is currently assessing the potential benefits of such a move. Notably, the group will provide recommendations to the president within the next six months.

Text source: The Crypto Basic

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