- XRP outperforms big tech stocks despite legal issues and crypto’s uncertain rules.
- XRP’s value jumped 9,222% in a decade, beating Tesla, Apple, Microsoft, and Visa.
Numerous tech giants, such as Tesla (TSLA), Apple (AAPL), Microsoft (MSFT), and Visa (V), have witnessed substantial appreciation in their stock values over the past decade. Notably, the performance of XRP over this identical timeframe stands out as nothing short of extraordinary.
Jon Erlichman, a well-known television personality and Senior Anchor at Bloomberg, recently posted on X to highlight the impressive investment returns achieved by major tech giants over the past ten years. Of particular note, Tesla stands at the top of Erlichman’s list, demonstrating a remarkable 2,189% return on investment (ROI) over a decade.
Value today of $100 invested 10 years ago:
Tesla: $2,189
Adobe: $1,154
Eli Lilly: $1,064
Netflix: $1,030
Apple: $992
Microsoft: $944
Meta: $691
Mastercard: $660
Domino’s Pizza: $616
Alphabet: $593
Visa: $543
Salesforce: $483
Costco: $479
Home Depot: $428
Sony: $398
Nike: $310…— Jon Erlichman (@JonErlichman) August 27, 2023
Apple enjoyed a noteworthy appreciation of 992%, while Microsoft’s value surged by 944%. Similarly, Visa observed a substantial uptick of 543% within this same time frame. These assertions are substantiated by information sourced from TradingView.
Comparing XRP’s Performance
However, despite the legal issues stemming from the SEC lawsuit and the relatively loose regulatory framework within the cryptocurrency sphere. XRP demonstrated a significantly more pronounced growth rate than these well-known technological giants.
A decade ago, XRP was traded at $0.00558, a valuation noted during the final week of August 2013. After navigating through a series of highs and lows, XRP is currently valued at $0.5202 as of the present time.
The current value of XRP indicates an impressive appreciation of 9,222% over the past ten years. Consequently, a $100 investment made in XRP during August 2013 would now amount to $9,222, given the prevailing prices. In light of this calculation, XRP’s rate of appreciation surpasses Tesla’s by 321% ($2,189), outpaces Apple’s ROI by 829% ($992), exceeds Microsoft’s by 876% ($944), and notably surpasses Visa’s returns by over 1,598% ($543). This reality underscores XRP’s resilience amidst market fluctuations and regulation uncertainties.
Yearly Comparison
An examination of these same categories of assets across the past eight years unveils some intriguing figures. Specifically, on August 28, 2015, Tesla was valued at $16.10, Apple was priced at $27.89, Microsoft held a value of $43.10, and Visa traded at $71.60.
Tesla’s valuation has surged to $238, representing an impressive 1,378% increase since August 2015. Apple has experienced a 538% surge over the same duration, at a current valuation of $178. Correspondingly, Microsoft has risen by 649%, attaining a valuation of $322.89, while Visa’s value has elevated by 237%, now trading at $242.
Given these increments, a $100 investment in Tesla during August 2015 would now be valued at $1,378, and a similar investment in Apple would have amounted to $538. An investment of $100 in Visa at that time would now be worth $237. In addition, a $100 investment in Microsoft eight years ago would have grown to $649 today.
Interestingly, on August 28, 2015, XRP was exchanged at $0.00742. With its current rate of $0.5202, XRP has encountered a substantial surge of 6,910% since that period. Accordingly, a $100 investment in XRP during August 2015 would now stand at $6,910.
