This article evaluates the potential returns for investors holding 1,000, 5,000 or 10,000 XRP tokens if XRP reclaims its all-time high of $3.8 in the foreseeable future.
Since dropping below the $3.8 all-time high in January 2018, XRP has not come close to recovering the much-coveted price threshold. The closest XRP came to clinching $3.8 was when it soared above $1.9 in April 2021. However, stern resistance at this point thwarted its plans.
Most market analysts attribute XRP’s inability to reclaim the $3.8 territory to the legal battle around the asset. Notably, during the 2021 bull run, when most assets recorded new ATHs in the latter part of the year, XRP was unable to register new highs.
The SEC had charged Ripple in December 2020, triggering a chorus of delistings in U.S.-based exchanges and intense selling pressure. However, following XRP’s recent legal clarity, market watchers believe the asset is poised to recover or even tower above the $3.8 ATH in the next bull run.
Potential Earning if You Hold 1,000 XRP at $3.8
Should XRP reclaim the all-time high at $3.8, investors continue to ponder how much they could make holding certain amounts of XRP.
At the $3.8 price, 1,000 XRP tokens would be worth $3,800. At XRP’s current price of $0.6200, these 1,000 tokens are currently worth $620. Such an investment would present profits of up to $3,180, with an increase rate of 512%.
Potential Earning if You Hold 5,000 XRP at $3.8
Some investors find the prospect of getting more earnings intriguing. However, the potential of more earnings would necessitate a bigger investment size. Should an investor look to procure 5,000 XRP, they would need to spend $3,100 at the current XRP price of $0.6200.
If XRP clinches the elusive all-time high of $3.8, the value of these 5,000 tokens would skyrocket to $190,000. At this figure, this investment would produce an earning of $186,900.
Potential Earning if You Hold 10,000 XRP at $3.8
While holding 5,000 XRP presents an opportunity for mouth-watering returns, holding 10,000 tokens allows for more substantial returns. 10,000 XRP are currently worth $6,200 at the prevailing price. These tokens’ worth would skyrocket to $380,000 should XRP hit $3.8, presenting returns of $373,800.
The prospect of achieving these returns remains enticing, but investors should approach this evaluation with caution. It is important to note that these estimates are merely educational content, and should not be regarded as investment advice, as it is uncertain if XRP would reach the $3.8 target.
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