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HomeCrypto NewsMarketWill XRP Make You Rich? Here's What XRP Price Looked Like 5 Years Ago When ETH was $102, and...

Will XRP Make You Rich? Here’s What XRP Price Looked Like 5 Years Ago When ETH was $102, and Cardano $0.0328

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Recently, XRP community members looked back into history to compare XRP’s price through their years of holding on to the digital asset with respect to the performance of other competing crypto projects.

Per statistics from authoritative sources, XRP appears to be the worst-performing cryptocurrency when compared to others ranking in the top ten, like Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA).

XRP Price Five Years Ago

Today, five years ago, data from prominent market tracker CoinMarketCap shows XRP traded at a low of $0.3625 and a high of $0.381. At that time, it had a market cap of $14.61 billion, with a 24-hour trading volume of around $512 million. 

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XRP History
XRP History

Throughout November 2018, the highest point XRP reached was $0.5605, while its lowest was $0.325, per CoinMarketCap statistics.

XRP’s lowest value five years ago, when compared to its price of $0.6 today, suggests the token has again only 86.45% all the way from 2018 to 2023. On the high side, with $0.5605, XRP has seen only 8.12% in five years.

Bitcoin Price Five Years Ago

Meanwhile, on November 30, 2018, BTC traded at a low of $3,942.82 with a valuation of $69.9 billion and a trading volume exceeding $6 billion. The firstborn crypto’s lowest value for November 2018 was $3,585.06, which translates to a 957% gain when factored against today’s price of $37,902.

Emphatically, Bitcoin’s value five years ago compared to today implies BTC investors have reaped more than ten times more profit than XRP investors.

ETH and Cardano Price

Similarly, Ethereum exchanged hands at a low of $111.74 today five years ago, with a market cap exceeding $11,7 billion. In the same month, ETH bottomed at $102.45 and has grown 1887.71% since then to $2,036 today.

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In other words, investors who bought ETH’s dip in November 2018 have seen 21 times more profit than those who bought XRP’s dip the same month. Likewise, Cardano sold at a discount of $0.0328 in November 2018. However, ADA’s value has risen 1,053.05% since then to $.378.

Cardano History
Cardano History

Crypto Community Reacts

A crypto enthusiast with X username “@Ianbins” put XRP’s five-year value alongside rivalry tokens with a satirical comment.

“Buy XRP, they said; it will make you rich, they said,” he mocked, given that XRP’s current value is not much different from November 2018.

Meanwhile, Bill Morgan, a lawyer known for his pro-XRP stance, remarked:

“Wow. I never realized XRP’s price performance was this poor compared to other major coins and not only compared to Bitcoin and Ethereum.” 

Notably, the XRP Army has argued the multi-year regulatory battle against XRP had hindered its performance. Following the court ruling in July, XRP reached $0.93 but has since lost those gains. 

Nonetheless, it remains to be seen how XRP will perform in the coming years with the U.S. regulatory fight out of the way.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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