Cryptocurrency

David

Penny

April

<ul class="news-points"> 
 <li><strong>Ripple CTO David Schwartz’s father purchased over one million XRP in April 2014 for approximately half a cent per token.</strong></li> 
 <li><strong>With XRP currently trading around $0.51, those tokens are now worth over $500,000.</strong></li> 
 <li><strong>Schwartz’s father’s scored an easy 10,000% with his investment.</strong></li> 
</ul> 
<p>Cryptocurrency trader Alex Cobb recently asked his community about the lowest price they’ve paid for <a href="https://coinedition.com/ripple-xrp-price-prediction/" rel="noopener noreferrer nofollow">Ripple (XRP)</a>. While many shared purchases around $0.07 to $0.12, Ripple CTO David Schwartz revealed his father’s particularly well-timed 2014 investment.</p> 
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   <p lang="en" dir="ltr">My father bought over a million XRP in April of 2014 from Justcoin at about a half penny per XRP.</p>— David "JoelKatz" Schwartz (@JoelKatz) <a href="https://twitter.com/JoelKatz/status/1708997355239072209?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 3, 2023</a> 
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<p>In a comment, Schwartz shared that his father had bought over one million XRP in April 2014 through the Justcoin exchange at approximately half a cent per token. This totaled around $5,000 at the time.</p> 
<p>With XRP currently trading around $0.51, those tokens are now worth over $500,000, representing gains of nearly 10,000% in under a decade.</p> 
<p>Ripple has had a remarkable journey since its inception. However, the prime<a href="https://coinedition.com/deaton-says-sec-lawsuit-affected-xrps-adoption-and-use-in-the-u-s/" rel="noopener noreferrer nofollow"> growth of the company was hindered</a> by the lawsuit filed by the U.S. Secur…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/ripple-cto-states-his-father-bought-xrp-at-fraction-of-a-penny-in-2014/">Ripple CTO States His Father Bought XRP at Fraction of a Penny in 2014</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Ripple CTO States His Father Bought XRP at Fraction of a Penny in 2014

Coin Edition

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