Altcoins News
By Julie Binoche
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Ripple CTO David Schwartz, one of the original architects of the XRP Ledger (XRPL), recently revealed that he purchased his XRP holdings at an incredibly low price, solidifying…
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The conversation was fueled by a post from Stedas, a prominent XRP community figure, who commented that real XRP “OGs” were those who bought the token at around $0.50 or lower.
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Responding to Stedas’ remark, Schwartz confirmed that he had bought his XRP at the even lower price of $0.006, significantly undercutting the $0.50 “OG” benchmark.
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Adding more detail to his XRP journey, Schwartz previously revealed in 2022 that he had the opportunity to take his salary in XRP but declined because he needed fiat money at the…
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Fast-forward to the present day, with XRP trading at approximately $2.25, those 26 million tokens would be worth an impressive $58.5 million.
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Looking ahead, the XRP community and analysts remain optimistic about further gains. Market experts, including the well-followed analyst EGRAG, have projected that XRP could…
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Schwartz’s story underscores the value of long-term vision in the volatile world of cryptocurrencies.
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