📊 Here’s When a $10,000 XRP Investment at $0.30 Could Hit $150K
Vandell Aljarrah, co-founder of Black Swan Capitalist, recently drew public attention to various return scenarios for a $10,000 investment in XRP at bargain prices.
In a tweet, Aljarrah stressed the potential of a $10,000 XRP investment made when XRP traded for $0.30 and held until it reached highs of up to $4.50.
🔸 Buying XRP at Bargain Prices
Aljarrah claimed to have encouraged market participants to invest in XRP when it was trading around $0.30. Notably, XRP last saw this price level in January 2023 following a consistent crash, which saw XRP slump 44% from a high of $0.54 in October 2022 to a low of $0.3. Aljarrah described this price as a bargain. At that time, $10,000 could have purchased approximately 33,333 XRP tokens.
However, as XRP’s price rose, the same $10,000 would buy fewer tokens. Occasional pullbacks did bring XRP back near the $0.30 range, but these were short-lived.
For example, in July 2024, XRP briefly traded at $0.38, offering a similar opportunity. At that point, a $10,000 investment would have acquired approximately 26,315 XRP tokens. This price hasn’t been seen again, as XRP rose to $3.34 about a year and a half later.
🔸 Returns on a $10,000 XRP Investment from the $0.30 Level
Aljarrah emphasized that investors who bought XRP at $0.30 would have seen a 3X return when the token reached $0.90. At that point, a $10,000 investment would have grown to $30,000. This milestone occurred in July 2023, just seven months after the January 2023 low price.
However, XRP soon lost much of these gains and traded at a significant discount a year later. Its price mostly hovered around $0.50 until late 2024. Specifically, a historic breakout occurred in November 2024.
At that point, XRP surpassed $1 for the first time in three years and went on to hit $2 by December 2024—the first time in seven years. Those who had held their $10,000 investment from $0.30 until then would have seen a 7X return.
