What is the value of XRP investing $1,000 today?

XRP has always been a cryptocurrency with a large community and thousands of supporters. Perhaps it has its core inscribed and reiterated in numerous market cycles, but hopes for “redefining existing banking systems” and becoming a new standard for international value transfer does exist in people.

In this article, we will stand out from traditional technology chain price analysis and will look at something more trivial.

If you invested $1,000 in XRP in 2018, how much money would you have? After all, the most common regret for most people is that they have not invested in certain cryptocurrencies in the past few days, and everything is said to be cheaper. We won’t dig deep into how ridiculous this idea is and why simply buying coins doesn’t mean you’ll make money, even if it hits 100 times more in 8 years.

XRP price in 2018

For this particular post we will get some different prices:

• Average XRP price in 2018
• Highest XRP price in 2018
• The lowest XRP price in 2018

And, if you’re wondering why we chose 2018, it’s because that year cryptocurrencies fell into the mainstream.

Therefore, Coinlore’s data suggests that the average XRP price in 2018 was $0.66. Currently, the coin is trading at $2.22, which means that the $1000 you invested in 2018 is currently $3360, which is about $2360 in profit.

Looking ahead, the highest XRP price in 2018 is also the current all-time high price of $3.83, which means you will suffer about 42% of the loss. Your $1000 is now $580.

Last but not least, what if you schedule the absolute bottom-level timing for 2018? Well, that’s $0.24. Your $1000 is $9250, representing more than $8,000 in revenue. Since then, XRP’s price has risen by 825%.