Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
Seven years ago was 4/19/2017. XRP was $.033 on 4/19/2017. That is a 1500% increase equivalent to an APY of 47%."Seven years ago was 4/19/2017. XRP was $.033 on 4/19/2017. That is a 1500% increase equivalent to an APY of 47%," The user's claim of buying XRP for the past seven years turned out to be partly untrue, as he later clarified that he bought XRP in January 2018, right after its drop from all-time highs of $3.84., the seventh largest crypto asset by market capitalization, has mainly underperformed in recent years, as it is among the few cryptocurrencies that did not attain all-time highs during previous and current bull cycles.
Despite challenges such as regulatory scrutiny and market volatility, XRP has weathered the storm and remains among the top 10 cryptocurrencies by market capitalization. The spotlight on XRP's 1,500% growth by the Ripple CTO might not be a succinct reflection of its past success but it may be a beacon of its potential. At the time of writing, XRP had gained 3.12% in the previous 24 hours to $0.5172, outperforming the top 10 cryptocurrencies in terms of daily gains.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Utoday_en - 🏆 295. / 63 Read more »