In an astonishing display of financial prowess, XRP has left tech behemoths like Tesla, Apple, Microsoft, and Visa in the dust with an astounding return on investment (ROI) of 9,322% over the past ten years.
This thought-provoking examination delves into the meteoric rise of XRP, revealing its unparalleled performance amidst a backdrop of legal battles and a volatile cryptocurrency landscape.
Read Also: SEC Wins Request to Appeal Ripple Ruling. Good or Bad for XRP? Details
Renowned TV personality and Senior Anchor at Bloomberg, Jon Erlichman, has recently turned heads with his release of the Return on Investment (ROI) of major tech giants over the last decade. Tesla emerges as Erlichman’s ROI champion, boasting an impressive 2,189% gain.
Apple follows with a solid 992% appreciation, while Microsoft captures attention with a remarkable 944% surge. Even Visa, a stalwart in the financial sector, has achieved a respectable ROI of 543%. These findings are solidified by data from TradingView.
Defying all expectations, XRP has dwarfed the gains of its tech counterparts, emerging as the true star of the investment world. Cast your mind back to August 2013 when XRP was trading at around $0.00558.
Fast forward to the present, when XRP is priced at approximately $0.52, translating to an astonishing appreciation of 9,322% over the past ten years.
Read Also: Legal Expert Michael Selig: No Common Relationship between Ripple and XRP Buyers
If you had invested a modest $100 in XRP back in August 2013, that investment would now be worth a jaw-dropping $9,322.
At this whopping figure, XRP’s price growth rate is 425% higher than Tesla’s $2,189, 939% more than Apple’s $992, 987% higher than Microsoft’s $944, and over 1,700% greater than Visa’s returns ROI of $543.
This extraordinary feat accentuates XRP’s resilience in the face of market uncertainty and regulatory challenges over the last decade. This is also a testament to the strength of cryptocurrency investment.
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London, United Kingdom, 21st November 2024, Chainwire