Add as a preferred source on GoogleX Finance Bull Points to XRP Chart Showing an Approximate 66,500% Gain
The chart traces a move from about $0.005 to $3.33 between 2014 and 2018. X Finance Bull said the historical example does not guarantee a repeat.
Crypto commentator X Finance Bull pointed XRP holders to a historical chart showing an approximate 66,500% rise, using the earlier move to explain why short-term weakness had not changed his long-term view. His Saturday, Oct. 24, post addressed holders frustrated by buying XRP and then seeing its price fall or move sideways.
The XRP/USD chart covers 2014 through 2018. It depicts XRP trading between $0.005 and $0.01 for about 817 days before climbing from around $0.005 to $3.33. Those approximate endpoints produce a gain of roughly 66,500% on the chart.
X Finance Bull also illustrated the move with a hypothetical $1,000 purchase at $0.005. That amount would represent 200,000 XRP, which the example values at about $666,000 at $3.33. At $1.30 per token, the same holding would be worth roughly $260,000.
The commentator tied his longer-term view to changes across the XRP ecosystem and the possibility of wider adoption in another market cycle. He said he would not discard an investment thesis he had studied for years because of a few weeks of unfavorable price action. His post presented that view as personal conviction, not a guaranteed outcome.
A commenter identified as Ken cautioned that a past price move does not predict a similar result in a future cycle. X Finance Bull agreed that no outcome was assured, while arguing that XRP's earlier price history remained worth examining.