[ccpw id="39382"]

HomeCrypto NewsMarketHere's What 10,000 XRP Costs Today as Compared to 1 and 5 Years Ago

Here’s What 10,000 XRP Costs Today as Compared to 1 and 5 Years Ago

Date:

Written By:

Follow TheCryptoBasic

Concerns about XRP becoming too expensive resonate more when investors look at how the price of 10,000 XRP has changed over the years.

Notably, commentaries around this possibility have dominated the XRP community in recent times, especially in light of the asset’s meteoric surge from November 2024 to January 2025. For context, XRP soared nearly 600% within this period to hit a peak of $3.4.

Following a correction from this top, community pundits like Edoardo Farina have insisted that investors should amass more XRP tokens now that the asset trades for $2. They believe the $2 value is affordable in comparison to the potential price XRP could attain in the future.

- Advertisement -

Specifically, Farina has consistently suggested that market participants procure at least 10,000 XRP tokens. In one of his latest disclosures, he advised urgency. According to Farina, amid the global economic trend, up to 99% of retail investors could be priced out of the XRP market as the asset’s value continues to expand.

Cost of Purchasing 10,000 XRP Over the Years

To ascertain how this could happen, The Crypto Basic recently compared the cost of procuring 10,000 XRP tokens over the years. Particularly, a year ago, exactly on June 11, 2024, XRP traded for $0.48. At this price, an investor could amass 10,000 XRP tokens for just $4,800.

However, going further back, the capital requirement was even lower. For instance, exactly five years ago, on June 11, 2020, XRP changed hands around $0.19. With this price, investors who sought to amass 10,000 tokens would have spent a mere $1,900. 

Now, as XRP trades for $2.29, these 10,000 tokens are currently valued at $22,900. Essentially, today, it would take $19,000 more to procure 10,000 XRP than five years ago. Moreover, it would cost an investor $18,100 more to purchase 10,000 XRP than it would just a year ago.

Notably, while it would have cost more to procure 10,000 XRP in January 2018 than it is now, analysts believe the sort of downtrend that plagued the market from 2018 is a thing of the past, suggesting there could only be an upward push from here. This trend is the reason behind commentaries such as Edoardo Farina’s. 

Farina Doubles Down

In his latest remark, he questioned if the growing cost of purchasing crypto assets was due to a rise in the token’s cost or a decline in fiat currencies. Regardless, he has advised investors to save in digital assets like XRP instead of fiat. 

Recall that Australian attorney Bill Morgan pushed back on Farina’s recent commentary, suggesting that investors would still be able to procure XRP regardless of its future price. 

In response, Farina clarified that his comment bordered more on the idea that the rising cost of large XRP holdings like 10,000 XRP could make owning such a balance unattainable for the average investor. According to him, 10,000 XRP now costs $23,000, and this already is unattainable to some investors. However, this was not the case in 2020, as we recently found.

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

Sam Wisdom Raphael
Sam Wisdom Raphael
Sam Wisdom Raphael is a seasoned crypto news writer and journalist with 5 years of experience covering blockchain, DeFi, and crypto developments. Sam's active presence in the crypto community complements his deep understanding of the crypto space, allowing him to craft comprehensible price analysis reports and tackle technical blockchain concepts.

More from Author

Latest Stories

Ethereum Price Forecast for Dec 12: ETH Needs to Stay Above This SMA Level

Ethereum must stay above the key SMA level to maintain bullish momentum, with mixed futures flows indicating volatility. Ethereum (ETH) has seen a 1.2% increase...

XRP Price Analysis for Dec 12: Recovery Towards $2.12 Incoming?

XRP shows short-term bullish momentum amid whale accumulation, signaling potential recovery. XRP has seen a slight 0.6% gain in the last day, currently priced at...

Here Is XRP Price Prediction for 2026 if Bitcoin Hits $200K

As 2025 winds down, market watchers are now focusing on what the new year could bring for leading crypto assets like XRP and Bitcoin. This...

Japan to Raise Interest Rates for First Time in 11 Months: Here’s How Bitcoin Reacted the Last Time

Economists now agree that the Bank of Japan could raise interest rates this month for the first time in nearly a year, and Bitcoin...

Ethereum Price Forecast for Dec 12: ETH Needs to Stay Above This SMA Level

Ethereum must stay above the key SMA level to maintain bullish momentum, with mixed futures flows indicating volatility. Ethereum (ETH) has seen a 1.2% increase...

Here’s the Level Ethereum Must Break For a Surge to $3,419

Ethereum needs to break an important resistance level to trigger a potential surge as futures outflows take over the market. Notably, Ethereum (ETH) has seen...

Here is XRP Bull Case Projection If Saylor’s 2045 Bitcoin Prediction Materializes

XRP could surge to a jaw-dropping four-figure price if it mirrors Bitcoin’s long-term price trajectory toward Michael Saylor’s ambitious 2045 prediction.  Despite widespread expectations of...

Sistine Research Predicts 2 Digit XRP Price Which Looks More Likely

XRP is at an important moment where a double-digit price appears increasingly likely, according to a fresh analysis from Sistine Research. In a recent tweet,...

Bitcoin Advisor Says Shiba Inu Is Dead Unless This Happens

A prominent Bitcoin advisor has warned the Shiba Inu community that SHIB is dead unless it rebounds to a crucial support zone.  As the broader...

Here’s the Immediate Shiba Inu Resistance for a Run to $0.00001

Shiba Inu faces immediate resistance as whale activity surges, signaling potential volatility and price fluctuations. Shiba Inu (SHIB) currently trades for $0.0000086, marking a 1.4%...

Dogecoin Price Prediction for Dec 12: Will DOGE Find Fib Support?

Dogecoin faces resistance below key Fibonacci levels as it approaches crucial support. Will DOGE find support? Dogecoin (DOGE) has experienced a modest 1.8% gain in...

Here’s the Support Dogecoin Must Bounce from As It Eyes 114% Surge to $0.3

Dogecoin is testing key support levels with potential for a rebound, as an analyst predicts a surge to a 2-month high. Currently changing hands for...

Guides