Where Will XRP Be in 3 Years?

The cryptocurrency market is famous for its boom-and-bust volatility -- those who invest in it can make (and lose) a lot of money relatively quickly. That said, the asset class really shines for those who are willing to hold positions for the longer term. For example, if you'd put $10,000 into XRP (CRYPTO: XRP) three years ago, you would have a position worth roughly $51,300 today. That return of 413% trounced the S&P 500 index's gain of 86% over the same time frame.Now that it sports a market cap of about $143 billion, it's fair to say that XRP's days of easy, meme-coin-like growth are probably behind it. But the asset still looks capable of outperforming the stock market as macroeconomic factors and potential regulatory wins continue to attract investors. Here's what the next three years might have in store for XRP. The U.S. dollar is the world's reserve currency. That means that for many American investors, diversification into different currencies hasn't really been top of mind. However, there are some early signs that this paradigm could be weakening. The U.S. dollar index -- which measures the dollar's general value relative to the rest of the world's currencies -- has fallen by an alarming 8.7% since the start of the year, partially due to factors like erratic U.S. trade policy and uncertainty over issues like the independence of the Federal Reserve and Washington's commitment to not defaulting on our ever-rising national debt, which now stands at $37.6 trillion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool