XRP’s historical surge in price suggests potential future gains for investors, according to an analysis by Vandell Aljarrah, co-founder of Black Swan Capitalist. Aljarrah points out that early investors in XRP would have made millions when it reached its all-time high (ATH). Currently, XRP is in a low position, but Aljarrah sees a similar opportunity for investors in the future. He believes that there is a high chance that XRP will recover from its losses with the upcoming bull market in 2025.
To illustrate the profit potential, Aljarrah calculates that if someone had invested $5,000 in XRP in January 2016 at a price of $0.0065 per XRP and sold it at its ATH of approximately $3.84 in January 2018, their investment would have grown to around $2.9 million in just two years.
Looking at the current situation, a $5,000 investment in XRP at the current price of $0.4871 would result in around 10,263 coins. If XRP reaches its ATH of $3.84 once again during the anticipated bull run in 2025, the investment could increase to approximately $39,410, generating a significant return.
In his tweet, Aljarrah highlights the immense profit potential in the crypto industry and encourages investors to consider the possibilities for future gains. This forward-looking perspective prompts investors to think about the long-term prospects of XRP and the continued growth of Ripple’s ecosystem, which has a significant influence on the direction of digital banking.
Despite the challenges faced by Ripple, Aljarrah remains optimistic about the future of XRP. He attributes this optimism to the continuous expansion of the XRP Ledger’s DeFi ecosystem. Since the integration of Automated Market Maker (AMM) capability in March, several AMM pools have emerged, leading to a Total Value Locked (TVL) of over 15 million XRP. Ripple also has plans to launch an EVM sidechain and a native lending protocol for the XRPL.
At the time of writing, the price of XRP is $0.4871, showing a 1.70% decrease in the last 24 hours but a 2.14% increase over the last week, according to CoinGecko data. Previous reports have also highlighted a bullish outlook for XRP, with a well-known analyst predicting that the price of XRP is about to reach crucial support before rising again.
In conclusion, XRP presents a profit-making opportunity for investors based on its past price surge, and the growth of its DeFi ecosystem supports long-term optimism. Despite challenges, Ripple’s plans for expansion and the overall direction of digital banking contribute to the positive outlook for XRP.