Thursday, November 21, 2024

XRP Trounces Big Tech: Ripple’s 9,300% Gains Dwarf Returns of FAANG Stocks

© 2023 The CryptoApa, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Alicia Garcia
Alicia Garciahttps://blog.cryptoapa.com/
Alicia is excited about all things tech. She devotedly follows blockchain and crypto updates, sharing her passion through writing about it. She is a regular contributor for cryptocurrency news and articles.

XRP left FAANG stocks in the dust over the past decade, delivering a jaw-dropping 9,300% return that trounced gains from tech giants. Despite market volatility and legal turmoil, Ripple’s red-hot rally proves its mettle as an investment vehicle.

XRP Roars Ahead of Big Tech

Recent data reveals XRP’s incredible 10-year performance. While Tesla takes the crown at 2,189%, Ripple achieved a staggering 9,322% – dwarfing Apple’s 992%, Microsoft’s 944%, and Visa’s 543%.

This is no small feat given XRP’s challenges. Despite wild price swings and an ongoing SEC lawsuit, Ripple still massively outpaced these tech titans.

XRP: A Decade-Long Meteoric Rise

In August 2013, XRP traded at a humble $0.00558. Fast forward ten years and it reached around $0.52 – a mind-blowing 9,300% increase.

Turning $100 into XRP in 2013 would now be worth $9,322. That’s over 4x Tesla’s return, 9x Apple’s, 10x Microsoft’s and 17x Visa’s.

Ripple’s ability to deliver outsized gains amid legal woes and market uncertainty demonstrates exceptional resilience. While tech giants relied on clear skies, XRP powered through the storm.

Its phenomenal decade-long run cements XRP as a high-flying investment. If the last ten years are any indicator, Ripple still has enormous room to run. Buckle up for the next leg higher.

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