Less Than 100 XRP Needed to Become a Millionaire?

Crypto Beat
Coinmonks
Published in
4 min readJun 12, 2023

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Photo by Dmitry Demidko on Unsplash

Valhil Capital, a prominent private equity firm, recently released a groundbreaking research paper that delves into the fair value of XRP. The study, titled “A Comprehensive Approach to Determine the Fair Market Value of XRP,” presents six pricing models, revealing a staggering valuation range of $3,500 to $21,900 per token. This article will explore the implications of this research and discuss how, according to these estimations, owning less than 100 XRP could potentially lead to becoming a millionaire.

Valhil Capital’s Extensive Research

Molly Elmore, Chief Marketing Officer (CMO) at Valhil Capital, took to Twitter to share the whitepaper, emphasizing that it was the culmination of a comprehensive two-year research effort involving a confidential committee. The catalyst behind this study was the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple, which raised concerns about how to quantify the financial damages suffered by retail investors.

Determining the Fair Market Value

Valhil Capital’s research aims to evaluate the impact of the SEC lawsuit on the adoption of the XRP Ledger, ultimately determining its fair market value. By considering the extent to which the lawsuit hindered the realization of XRP’s intended use…

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Coinmonks
Coinmonks

Published in Coinmonks

Coinmonks is a non-profit Crypto Educational Publication.

Crypto Beat
Crypto Beat

Written by Crypto Beat

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