As we are approaching the end of the year, we are looking back at just how well the Crypto market has done since January.
Today we have decided to look at Ripple’s XRP. Whilst the price of XRP has been quite stagnant over the last couple weeks; XRP has seen extremely high gains since the turn of the year.
On 1 January 2017, XRP was priced at just $0.006523! 11 months later and XRP is currently just under $0.25 (at the time of writing).
The chart shows just how much XRP has increased in price. If you had invested just $100 on 1 January, you would have over $3,800 today, and had you sold on 17 May (its all time high), your $100 would have returned over $6,000!
For more information on Ripple please see their website.
Will these astronomical gains continue into next year? We look forward to providing you more news and information on the phenomenal Crypto market.
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We are not investment or financial advisors and are here to provide news and our opinions. Please be fully informed regarding the risks and costs associated with trading the financial markets and the Cryptocurrency market, it is one of the riskiest investment forms possible.