XRP’s Price Struggles As Circulating Supply Expands

XRP is trading around 1.33 dollars, 62.5% below its January 2018 peak, while Bitcoin and Ether have largely surpassed their levels from that time. This underperformance does not mean that all its holders have lost money: it mainly concerns those who bought close to the peaks, while the increase in supply has diluted the value represented by each token. While its capitalization has just fallen by 117 billion dollars , XRP’s journey strongly depends on the date chosen to measure its return. An investor who entered at a low price could have made a significant profit, but one who bought during the euphoria of early 2018 remains largely at a loss nearly nine years later. The situation contrasts with that of Bitcoin and Ether.

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