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Stock impact report

Is XRP (Ripple) a Millionaire Maker? [Yahoo! Finance]

SOFTBANK GRP UNSP/ADR (SFTBY) 
NASDAQ:AMEX Investor Relations: softbank.jp/en/corp/irinfo/presentations
Company Research Source: Yahoo! Finance
XRP investors have reason to be optimistic, but expect short-term volatility. 10 stocks we like better than XRP › Cryptocurrencies have minted millionaires over the past several years, leaving some crypto investors wondering if they put their money on the right coin at the right time, could it happen to them, too? And one coin that's got investors' hopes up is XRP (CRYPTO: XRP) , which was created by Ripple Labs XRP's value has fluctuated drastically lately, like that of other cryptocurrencies, but during the past three years, its price has increased by more than 400%. Why has it been so successful, and could further price spikes mint millionaires? Most likely not. Here's why it's unlikely, but why owning some XRP in your digital wallet may not be a bad idea. Most crypto investors looking to become millionaires aren't thinking about long-term investing strategies, such as buying a stock or cryptocurrency and gradually adding to their position over time, until they've achieved Show less Read more
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