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7x earnings possible by 2025!
Despite its past success, Ripple’s native currency, XRP, is currently facing challenges recovering from the crisis recent collapse of the cryptocurrency market. From a low of $0.0065 in 2016, XRP rose to an all-time high of $3.8 in 2018, marking an impressive price.
Investors who purchased XRP early made substantial gains. Vandell Aljarrah, co-founder of Black Swan Capitalist, points out that a $5,000 investment in early 2016 could have turned into $2.9 million in early 2018, an impressive 58,976% increase.
Aljarrah remains optimistic about the future of XRP, suggesting that current market conditions mirror those of XRP’s early days, presenting a similar investment opportunity.
Growth potential
Investing $5,000 in XRP today at around $0.49 per token could yield around 10,204 XRP. If XRP reaches the previous peak of $3.84 during the next bull market, potential returns could reach around $40,000, a significant seven-fold increase.
Aljarrah’s insights highlight the profit potential in the cryptocurrency market, encouraging investors to consider long-term gains.
Despite the challenges, Aljarrah highlights continued growth within the XRP Ledger DeFi ecosystem.
Ripple continues to advance!
Recent updates include the introduction of the Automated Market Maker (AMM) feature, which leads to the creation of multiple AMM pools and brings the Total Value Locked (TVL) to over 15 million XRP. These developments highlight Ripple’s commitment to enhancing XRP’s utility and expanding its role in the cryptocurrency industry.
Future projects
Looking ahead, Ripple plans to introduce a native lending protocol and EVM sidechain for XRPL. Discussions are also ongoing about launching a native stablecoin on the XRPL network. These initiatives aim to improve the functionality of XRP and increase its adoption in the crypto community.
Despite current challenges, Aljarrah’s forward-looking outlook highlights opportunities for XRP’s growth. As Ripple continues to innovate and expand, XRP remains poised to assert its influence in digital finance.
Is XRP a good investment for the 2025 bull market or are there better options?