If You’d Invested $10K in XRP in September 2018, This is How Much You’d Have Today

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As a seasoned cryptocurrency analyst with over half a million followers on X social media platform, I have seen my fair share of digital coins come and go. My recent list of “doomed” cryptocurrencies is based on extensive research and experience in the industry.

Anonymous cryptocurrency expert Cyclop, with over 500,000 followers on the X social media site, has shared a list of cryptocurrencies he believes will not flourish for investors.

If you invested $10,000 in Ripple ($XRP) back in September 2018, the value would remain unchanged for you today. However, it’s crucial to note that 99% of altcoins are at risk of declining or failing to grow. To help you avoid potentially disappointing investments, here’s a list of 10 coins you may be holding and warning signs to watch out for:— 𝗰𝘆𝗰𝗹𝗼𝗽 (@nobrainflip) July 21, 2024

The XRP token, linked to Ripple, is given significant emphasis on the list, according to the analyst’s observation. If an individual had invested $10,000 in XRP back in September 2018, their investment would have remained unchanged in value.

An analyst characterized XRP as an “extraneous offshoot” of Bitcoin, implying that its market value appears excessively high.

Despite his admission that XRP isn’t the most disappointing digital currency, he maintains his view that it will trail behind Bitcoin and Ethereum, the top-ranked cryptocurrencies, in terms of performance.

Among the tokens identified for caution are Ethereum Classic, Bitcoin Cash, Monero, and Axie Infinity. These tokens merit careful consideration before investment.

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2024-07-21 22:00