Where Will XRP (Ripple) Be in 5 Years?
There is a lot you could do with $6,500 -- put a down payment on a new car, buy a top-of-the-line gaming laptop, or even take an extended vacation somewhere warm and sunny. But if you used that cash to buy XRP (CRYPTO: XRP) in 2015, you would have a jaw-dropping $1,000,000 today. That's enough to stop working and earn more than the US's median income ($42,220) just from the interest on 30-year treasury bonds.Of course, hindsight is 20/20; otherwise, we would all be rich. But while it is challenging to know which assets will generate such life-changing returns in the future, that won't stop us from trying. So let's dig deeper to see what the next five years might have in store for XRP.When San Francisco-based Ripple Labs launched the XRP blockchain in 2012, the cryptocurrency industry was very different from what it is today. Bitcoin, the original cryptocurrency, had launched just three years earlier, and people still didn't know what to make of the new asset class and how it could be useful in real life. XRP aimed to help bring this technology into the mainstream by disrupting the international payments market. Continue reading
There is a lot you could do with $6,500 -- put a down payment on a new car, buy a top-of-the-line gaming laptop, or even take an extended vacation somewhere warm and sunny. But if you used that cash to buy XRP (CRYPTO: XRP) in 2015, you would have a jaw-dropping $1,000,000 today. That's enough to stop working and earn more than the US's median income ($42,220) just from the interest on 30-year treasury bonds.
Of course, hindsight is 20/20; otherwise, we would all be rich. But while it is challenging to know which assets will generate such life-changing returns in the future, that won't stop us from trying. So let's dig deeper to see what the next five years might have in store for XRP.
When San Francisco-based Ripple Labs launched the XRP blockchain in 2012, the cryptocurrency industry was very different from what it is today. Bitcoin, the original cryptocurrency, had launched just three years earlier, and people still didn't know what to make of the new asset class and how it could be useful in real life. XRP aimed to help bring this technology into the mainstream by disrupting the international payments market.
