Vandell Aljarrah wrote on social media X that investors who bought XRP in January 2016 at $0.0065 and sold in 2018 at a peak of $3.84 should see their modest investment grow into millions of dollars. . That is. If investors invested $5,000 in XRP in 2016, then in two years their investments would have grown to $2.9 million, Aljara explained.
Despite concerns that XRP will not be able to follow this uptrend due to a lack of additional capital, Aljara remains confident in the coin’s prospects. The expert believes that in 2025 XRP will show even more significant growth. This is partly due to the fact that the coin has found practical use in international payments thanks to the XRP Ledger ecosystem.
If you had invested $5,000 in #XRP in January 2016 at a price of $0.0065 per XRP & sold at its all-time high of approximately $3.84 in January 2018,
Your $5,000 investment in January 2016 would have grown to approximately $2,953,846 by January 2018.
This is what 2 years in this…
—Vandell | Black Swan Capitalist (@vandell33) June 20, 2024
However, former Ripple CEO Sean McBride is not too optimistic about XRP. He does not believe that the coin will make a jump anytime soon, even amid the bullish rally in the crypto market. According to McBride, the XRP rate will change only if Ripple completely wins the lawsuit with the US Securities and Exchange Commission (SEC).
Recently, Ripple CEO Brad Garlinghouse suggested that after the advent of spot Bitcoin exchange-traded funds, ETFs tied to XRP should appear in the United States.
Source: Bits
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