Here’s How XRP Turned Early $5,000 in $5 Million

Investors who got into XRP with modest capital right before its explosive run during the 2017 market rally are still sitting on millions.

Notably, XRP has often received criticism for not making meaningful progress since the 2017/2018 bull run. However, when considering how well it has performed since its 2017 lows, XRP has witnessed some impressive gains that have helped investors make millions out of modest investments.

How XRP Turned $5,000 Into $5M

Specifically, XRP traded at a low of $0.003 in January 2017, underperforming while the rest of the market was in a bull run. During this period, if an investor had committed $5,000 into the market, they would have procured 1.66 million XRP tokens

This reality check confirms that while XRP has underperformed since its peak in 2017/2018, it has performed much better than other assets since its low. Specifically, in January 2018, XRP traded at a peak of $3.31. Today, it currently trades for $2.97, representing a 10% decline, after just recovering the 2018 peak this year.

In contrast, assets such as Bitcoin and Ethereum are miles ahead of their 2017/2018 peak. In particular, ETH, currently trading for $3,661, has risen 157% from its 2018 top of $1,420. Meanwhile, BTC, which now changes hands at $114,627, is up 482% from the 2018 peak of $19,666.

XRP Still Early Despite Outperforming BTC and ETH Since 2017

However, most community analysts have attributed XRP’s underperformance to the price suppression from the SEC lawsuit, which began in December 2020 and stopped XRP from reaching a new ATH in 2021. Nonetheless, while XRP has not made substantial progress since 2018, its overall ROI for those who got in early enough has been impressive

For context, when we compare how much most assets have grown from their 2017 lows, XRP stands out as the clear winner. Specifically, ETH is up 45,737% from its 2017 low of $8, while BTC has gained 15,164%. Interestingly, XRP is currently up 98,900% from the $0.003 bottom, making it the best investment since 2017.

However, despite this impressive ROI, some analysts believe XRP still has a long way to go, offering some hope to investors who think they might have missed the train. Market commentator JackTheRippler suggested in July that it is never too late to buy XRP. Also, Edoardo Farina claimed current investors are still early.