Ripple XRP: $100 Investments Turns Into $1.4 Million in Feb 2024

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Ripple's XRP token has faced a significant correction in 2024, down 2% in daily charts, 3.6% in weekly charts, 12% in 14-day charts, and 22.5% in the last month. However, it has maintained gains of 22.4% in the last year. If $100 was invested weekly in XRP since September 2013, the portfolio value would have risen to $1.44 million, a growth of 2564%. If $100 was invested weekly until XRP's peak in January 2018, the value of the investment would have been worth $5.3 million, an increase of 23,311%. XRP is down over 85% from its all-time high of $3.40 in January 2018. Ripple has engaged in partnerships with financial institutions and is involved in CBDC projects, which could positively impact XRP's price. The ongoing legal case against Ripple by the US SEC has not entered the high court, and investors await a verdict. If the high court rules similarly to the district court, XRP's price may spike. XRP is popular for cross-border remittances.

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