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If You Bought 2,000 XRP When Snoop Dogg Performed at Ripple’s 2018 Event, Here’s What You’d Have Today

2025-07-11 18:13:23

If You Bought 2,000 XRP When Snoop Dogg Performed at Ripple’s 2018 Event, Here’s What You’d Have Today

Main Idea

XRP's recent surge in value and institutional interest, fueled by Ripple's partnerships and easing legal challenges, highlights its potential for future growth, with a historical example showing significant returns for early investors.

Key Points

1. XRP has gained 26.16% in the past seven days, outperforming Bitcoin, Ethereum, and Solana, with a current market capitalization of $164 billion.

2. Ripple announced BNY Mellon as the primary custodian for reserves backing its new stablecoin, RLUSD, boosting investor confidence.

3. Expectations of XRP being listed as a spot ETF have grown, with firms like 21Shares, WisdomTree, and Grayscale filing applications.

4. Ripple's legal battle with the SEC has de-escalated, reigniting optimism among investors and analysts.

5. An investment of $1,504.60 in XRP in May 2018 (2,000 XRP at $0.7523) would be worth $5,480 today, a 264.2% gain.

6. XRP still trades below its all-time high of $3.84, but current trends and potential ETF approvals suggest strong future growth.

Description

XRP, the native token of Ripple Labs, has surged in recent days following a landmark announcement involving one of the most established banks in the United States. While today’s headlines focus on institutional adoption and regulatory clarity, it’s worth revisiting a pivotal moment in XRP’s past, one that brought the crypto community face-to-face with hip-hop royalty. XRP Rally Fueled by Institutional Confidence Over the past seven days, XRP has gained 26.16%, outperforming top-tier cryptocurren...

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