Here’s how much a 2018 Ripple (XRP) investment is worth today

The crypto market is flying high again. While Bitcoin and other major crypto assets have seen dramatic increases over the years, not all altcoins have been so lucky.

XRP, for example, has yet to post a significant increase compared to its price six years ago.

XRP’s Six-Year Stagnation

According to crypto analyst with the pseudonym “Cyclop”, if an individual had invested $10,000 in XRP in September 2018, they would still have approximately $10,000 today. This is because XRP is currently trading at the same level as it was almost six years ago.

This apparent lack of significant growth is essentially indicative of a common problem in the crypto market: many altcoins fail to achieve substantial long-term returns. This serves as a stark reminder that investing in altcoins can be highly speculative and risky. Cyclop believes that 99% of these altcoins are doomed to dump or never grow significantly.

“You need to know how to recognize these projects and distinguish junk from jewels.”

Cyclops highlighted three main types of altcoins that investors should avoid. First, many legacy projects are simply too outdated and overvalued as they have lost their competitive edge and innovation.

Second, artificial tokens, where the supply is fully controlled by the team or venture capitalists, present significant risks due to value manipulation. These tokens can be pumped and dumped, leaving unsuspecting investors at a loss.

Finally, projects that derive from past trends, such as dead play-to-win (P2E) games or those with fully diluted valuations (FDVs) but low market capitalization (MC) and constant selling pressure, are often unsustainable These projects usually face mass sales, which further devalue the token, making it a poor investment option.

A different success story for Bitcoin

Meanwhile, Bitcoin attracted renewed interest from investors this year. If an individual had invested $10,000 in Bitcoin in September 2018, when it was trading near $6,700, their investment would have grown significantly, with the asset currently trading at around $67,221.

This represents an impressive increase of over 900%, which contrasts with an investment of $10,000 in XRP during the same period, which would not have produced significant gains, remaining roughly the same despite some fluctuations.

This comparison further demonstrated the relative stability and growth potential of Bitcoin compared to many altcoins.

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