Market Data: XRP Beats Bitcoin and Ethereum in ROI
XRP and the broader crypto market have faced a bearish phase over the last two months, driven by Bitcoin (BTC), the leading crypto asset. During this period, BTC has fallen below the $90,000 threshold, while XRP has dropped below the $3 mark.
However, market data indicates that XRP has shown greater resilience than the rest of the crypto market during this downturn. An evaluation of the returns on investment for Bitcoin, Ethereum, and XRP reveals XRP as a standout performer recently.
Tokens Purchased with $10,000 in Bitcoin, Ethereum, and XRP
The Crypto Basic recently analyzed the potential outcome for investors who allocated $10,000 in XRP, Bitcoin, or Ethereum. Each asset presents distinct returns, with XRP demonstrating the most significant difference.
Six months ago, on Sept. 27, 2024, investing $10,000 in Bitcoin would have purchased 0.152 BTC when Bitcoin was priced at $65,781. Similarly, the same investment in Ethereum would have yielded 3.71 ETH at the price of $2,728.
In contrast, with $10,000 in XRP, an investor would have acquired 16,992 XRP tokens, as XRP traded at $0.5885 during a consolidation phase that lasted until the end of September.
Returns on Investment
As Bitcoin reached an all-time high (ATH) of $109,356 on Jan. 20, 2025, the 0.152 BTC purchased for $10,000 grew to $16,662, earning over $6.6K in returns. However, with Bitcoin currently trading at $87,336, that same $10,000 investment is now valued at $13,275, reflecting $3,275 in returns over the past six months.
For Ethereum, the 3.71 ETH tokens purchased for $10,000 in September 2024 increased to $15,240 when Ethereum peaked at $4,108 in mid-December 2024. However, with Ethereum’s current price at $2,026, the initial $10,000 investment has dropped to $7,516, resulting in a loss of $2,484 in the last six months.
In comparison, the 16,992 XRP tokens initially valued at $10,000 appreciated to $57,772 in mid-January when XRP peaked at a seven-year high of $3.4. Currently, with XRP trading at $2.36, that $10,000 investment is now worth $40,101, indicating gains of over $30,000 over the last six months.
These findings underscore XRP’s outperformance relative to the broader crypto market. It has recorded a remarkable 281% gain against the entire market since the U.S. elections in November 2024. Nonetheless, XRP remains below its ATH, with some experts suggesting that its upward trend may still be in the early stages.
Conclusion
XRP Outperforms Broader Crypto Market
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