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Donald Trump

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 <p class="paragraph">Over four years ago, the United States government voted into law the Economic Impact Payments, popularly referred to as ‘stimulus <a rel="noopener noreferrer nofollow" title="check" href="https://thebittimes.com/tag/check.html">check</a>s,’ which entitled every American to financial assistance in the amount of $1,200 to help them amid the economic fallout of the Covid pandemic restrictions.</p>
 <p class="paragraph">Indeed, the US Internal Revenue Service (IRS) began issuing these <a rel="noopener noreferrer nofollow" title="check" href="https://thebittimes.com/tag/check.html">check</a>s in mid-April 2020 as part of the Coronavirus Aid, Relief and Economies Act (CARES Act), and some of the recipients chose to invest this money, and among these investments were cryptocurrencies like XRP.</p>
 <h2 class="wp-block-heading" id="h-investing-in-xrp">Investing in XRP</h2>
 <p class="paragraph">Those who had chosen to invest their $1,200 <a rel="noopener noreferrer nofollow" title="check" href="https://thebittimes.com/tag/check.html">check</a> in XRP at the time would eventually come to realize that this was a lucrative decision, taking into account that the price of this digital asset had increased by over 176% since mid-April 2020 when it amounted to $0.1905.</p>
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   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
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 <figure class="wp-block-image size-full"><img decoding="async" width="945" height="516" src="https://cdn.thebittimes.com/images/2024/05/28/ea98aa74b8a1ce8de4abc229826ced70.webp" alt="XRP price on April 13, 2020. Source: CoinMarketCap" class="wp-image-178906" srcset="https://cdn.thebittimes.com/images/2024/05/28/ea98aa74b8a1ce8de4abc229826ced70.webp 945w, https://cdn.thebittimes.com/images/2024/05/28/ea98aa74b8a1ce8de4abc229826ced70.webp 300w, https://cdn.thebittimes.com/images/2024/05/28/ea98aa74b8a1ce8de4abc229826ced70.webp 768w" sizes="(max-width: 945px) 100vw, 945px">
  <figcaption class="wp-element-caption"><em>XRP price on April 13, 2020. Source: </em><em>CoinMarketCap</em>
  </figcaption>
 </figure>
 <p class="paragraph">In other words, investing $1,200 in XRP when its price was around $0.19 would mean that today, the hypothetical investor in question would be holding close to <strong>$3,312</strong> worth of the popular crypto asset, providing them with solid profit if they choose to sell it at the current price.</p>
 <h2 class="wp-block-heading" id="h-xrp-price-analysis">XRP price analysis</h2>
 <p class="paragraph">Presently, XRP is trading at the price of $0.52444, recording a 0.45% loss in the last 24 hours, as well as declining 2.79% across the previous seven days but nonetheless accumulating a 0.29% gain on its monthly chart, as per the most recent data retrieved on May 28.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="750" height="650" src="https://cdn.thebittimes.com/images/2024/05/28/a56578fd990c4ce2fb8c3e4f06b4f019.webp" alt="XRP price 30-day chart. Source: Finbold" class="wp-image-178907" srcset="https://cdn.thebittimes.com/images/2024/05/28/a56578fd990c4ce2fb8c3e4f06b4f019.webp 750w, https://cdn.thebittimes.com/images/2024/05/28/a56578fd990c4ce2fb8c3e4f06b4f019.webp 300w" sizes="(max-width: 750px) 100vw, 750px">
  <figcaption class="wp-element-caption"><em>XRP price 30-day chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <p class="paragraph">Meanwhile, a popular pseudonymous cryptoverse expert, <em>Dark Defender,</em> has recently suggested that XRP was on the brink of breaking through a critical resistance zone between $0.6044 and $0.6649, which could set off a significant price surge, as Finbold reported on May 26.</p>
 <figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="800" height="470" src="https://cdn.thebittimes.com/images/2024/05/28/7fccb61968abc24f5d538620d6969ca0.webp" alt="XRP price action analysis. Source: Dark Defender" class="wp-image-178905" srcset="https://cdn.thebittimes.com/images/2024/05/28/7fccb61968abc24f5d538620d6969ca0.webp 800w, https://cdn.thebittimes.com/images/2024/05/28/7fccb61968abc24f5d538620d6969ca0.webp 300w, https://cdn.thebittimes.com/images/2024/05/28/7fccb61968abc24f5d538620d6969ca0.webp 768w" sizes="(max-width: 800px) 100vw, 800px">
  <figcaption class="wp-element-caption"><em>XRP price action analysis. Source: </em><em>Dark Defender</em>
  </figcaption>
 </figure>
 <p class="paragraph">Ultimately, investing in XRP when the US government started issuing the <a rel="noopener noreferrer nofollow" title="check" href="https://thebittimes.com/tag/check.html">check</a>s would have been decently lucrative, and indicators suggest more advances in the future, especially if the court battle between the US Securities and Exchange Commission (SEC) and Ripple ends in the blockchain firm’s favor.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/if-you-bought-xrp-with-your-1-200-stimulus-check-in-2020-you-d-now-have-this-much-tbt90093.html">https://thebittimes.com/if-you-bought-xrp-with-your-1-200-stimulus-check-in-2020-you-d-now-have-this-much-tbt90093.html</a></p>

If you bought XRP with your $1,200 stimulus check in 2020 you’d now have this much

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