If you invested $1,000 in XRP at the start of 2021, you’d have this much now
In the midst of a wider market bull run, XRP has performed admirably. Although it experienced a move to the upside later than most of its peers, since December 4, prices have gone up from $0.503 to approximately $2.68 at press time — a 423.80% surge. As it currently stands, XRP has seen returns of 337.18% on a year-to-date (YTD) basis. XRP price YTD chart. Source: Finbold There have been quite a few positive developments for XRP as of late — on December 10, RLUSD, a stablecoin that is to be pegged 1:1 to the U.S. dollar received final regulatory approval. The re-election of Donald Trump is widely seen as a positive catalyst for the wider crypto market — but XRP in particular stands to benefit. Trump has named Paul Atkins, a cryptocurrency advocate, as the upcoming chair of the Securities and Exchange Commission. If confirmed, Atkins’ tenure would certainly be a dramatic shift from current chairman Gary Gensler’s more stringent stance — particularly in light of Rip...