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.
By January 2025, when XRP traded above $3.30, the $10,000 investment would have been worth over $110,000, an 11X return. While these gains have slightly diminished with XRP currently trading at $2.24, investors would still be enjoying a 7X return.
When $10K in XRP Could Become $150K
Aljarrah’s tweet highlighted this long-term performance to urge investors to recognize the asset’s potential.
His analysis suggests XRP could rise further from its current levels. For instance, he noted that if XRP reclaimed its all-time high, the $10,000 investment from $0.30 would deliver a 13X return.
Furthermore, Aljarrah projects that XRP could climb to $4.50, at which point the initial $10,000 would appreciate to $150,000. Interestingly, many in the XRP community believe $4.50 isn’t even the peak this cycle. They anticipate XRP breaking into double-digit price territory.
Meanwhile, critics often advise investors to take strategic profits to avoid missing out on gains by holding their positions for too long.
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.
