This article presents the current value of $1,000 invested in XRP every Christmas day since 2013, highlighting how the token has performed over the years amid the current consolidation.
XRP is one of the most successful cryptocurrencies in the market today, but some enthusiasts believe its price ought to be higher than it is now. Due to its meteoric surges since 2013, most early adopters have made fortunes out of pennies investing in the token.
However, some market participants fear those green days of bullish price surges have come to an end. Amid the speculation, this article aims to provide a detailed breakdown of how much $1,000 invested in XRP every Christmas day since 2013 would be worth at today’s price.
XRP in 2013, 2014, 2015, 2016, and 2017 Christmas
In December 2013, XRP had already embarked on one of its explosive rallies. The token hit a high of $0.0614 on Dec. 5, 2013 but started retracing its gains, hitting $0.0226 on Dec. 25, 2013.Â
If an investor invested $1,000 in XRP then, they would procure 44,247 XRP tokens. XRP currently trades for $0.6186. At this price, the 44,247 tokens would be worth $27,371, presenting a profit of $26,371.
In December 2014, XRP was also facing an observable upward momentum. However, it started consolidating going into Christmas, changing hands at $0.0233 on Dec. 25, 2014. XRP is up 2,554% since then. As a result, $1,000 invested in XRP then would be worth $26,549 at today’s price.
December 2015 also witnessed another price upsurge for XRP, as it rallied to $0.00907 on Dec. 10, 2015. The token had dropped drastically from its value in 2013 and 2014. XRP slumped from the Dec. 10 high to $0.00597 on Dec. 25, 2015. If an investor had invested $1,000 then, they would now hold $103,617.
XRP saw a mild increase from 2015 to 2016, changing hands at $0.00635 on Dec. 25, 2016. Purchasing XRP at this price would bring in 157,480 tokens. These tokens are currently worth $97,417.
As of December 2017, XRP had rallied past $1. The token traded at $1.014 on Dec. 25, 2017. An investment of $1,000 then would be worth $609 today, representing a loss of $391.Â
XRP in 2018, 2019, 2020, 2021 and 2022 Christmas
Meanwhile, on Dec. 25, 2018, XRP changed hands at $0.4037. $1,000 invested in the asset then would be worth $1,532 today.
The next year saw a substantial price drop for XRP, resulting in its price plummeting below $0.2 in December. On Dec. 25, 2019, XRP’s value was $0.1905. An investor could procure 5,249 tokens at this price. The 5,249 tokens are currently valued at $3,247.
2020 was the year the U.S. SEC leveled charges against Ripple. The lawsuit impacted XRP’s price, leading to a price decline to $0.3393 on Dec. 25, 2020. A $1,000 investment then would be worth $1,823.Â
Despite the ongoing lawsuit, XRP saw an impressive price surge in 2021, rising to $1.96 in April of that year. However, it dropped from this price, trading for $0.9119 on Dec. 25, 2021. $1,000 invested in the token at the time would have declined to $677, with a $323 loss.
XRP witnessed more selling pressure in 2022 due to the impact of the high-profile implosions involving Terra and FTX. As of Dec. 25, 2022, XRP changed hands at $0.3517. If an investor had invested $1,000 in XRP last Christmas, they would now hold $1,959.
Disclaimer: 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’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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