Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Where Will XRP Be in 10 Years?

TheMotleyFool

0 0

Where Will XRP Be in 10 Years?: https://g.foolcdn.com/editorial/images/868305/blockchain.jpg

The founders of Ripple, a fintech company specializing in blockchain-based money transfers, launched XRP (CRYPTO: XRP) in 2012. They minted XRP's entire supply of 100 billion tokens on the XRP Ledger before its market debut, and it started trading at $0.0058 in 2013.

By early 2018, XRP's price had reached a record high of $3.84 per token. But as of this writing, it only trades at about $1.43. Therefore, a $10,000 investment in XRP's earliest trade would have briefly grown to $6.62 million before shrinking back to about $2.41 million today. Let's see why XRP's token has been so volatile -- and where it might head over the next ten years.

Image source: Getty Images.

Source Fool.com

Like: 0

XRP

Share