The cryptocurrency sector is full of rags-to-riches stories. Bitcoin (BTC) alone is among the best-performing financial assets over the last decade. Early investors have made millions of dollars in profits, especially during the 2021 bull run. Although the crypto realm is plagued with volatility, it still has the potential to turn average traders into multi-millionaires.
Let’s look at three assets that could make you a millionaire by the end of this decade.
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Top 3 Cryptocurrencies That Could Make You A Millionaire By 2030
1. Shiba Inu (SHIB)
Source: Pixabay
SHIB is one of the most successful cryptocurrencies of the last four years. The asset’s price skyrocketed in 2021, rallying by many million per cent since its launch in August 2020.
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One of the most significant catalysts to SHIB’s incredible rally in 2021 was Ethereum co-founder Vitalik Buterin’s massive SHIB burn. The project still has 589 trillion tokens circulating, presenting a robust barrier to higher prices.
The SHIB team is reportedly working on a new burn mechanism that is rumoured to burn trillions of tokens annually. If the team substantially reduces the cryptocurrency’s supply, we may witness another 2021-like rally.
2. Dogecoin (DOGE)
Source – StormGain
DOGE is another cryptocurrency that has enjoyed success. The original meme coin’s price witnessed an incredible rally in 2021, turning many investors into millionaires.
There is much talk about DOGE being accepted in X’s upcoming payment platform. Given that X owner Elon Musk is an avid DOGE fan, the asset is highly likely to make its way to the platform. If successful, the cryptocurrency may witness a sudden rise in adoption and price.
3. Ripple’s XRP
Source – Coinpedia
Ripple’s XRP is another popular cryptocurrency that could make you a millionaire by the end of this decade. The fintech company recently settled its lawsuit with the SEC, removing its most significant barrier.
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XPR is one of the most popular assets for cross-border remittance. The number of people using the currency will increase over the next few years. We may witness a massive price spike for XRP by 2030.
