If You Invested $1,000 In XRP Token When Madonna Raised $1 Million For Malawi For 60th Birthday, Here’s How Much You’d Have Today
The XRP Token (CRYPTO: XRP) from Ripple continues to post gains in recent weeks thanks to optimism for a new stablecoin.
Six years ago, the XRP Token was part of a fundraising effort by musician Madonna. Here’s a look back at the event and how much investors could have made investing alongside the effort.
What Happened: The price of XRP has soared in 2024 thanks to filings for XRP ETFs, a stablecoin launch and optimism that a new White House administration could help the company in its pending SEC lawsuit.
While XRP has had a great 2024, the cryptocurrency hit an all-time high of $3.84 in early 2018, a level it has failed to recapture over the last six years. In 2018, XRP was highlighted by actor and tech investor Ashton Kutcher, who made a surprise appearance on “The Ellen Show” to announce a donation to Ellen DeGeneres’ charity.
Another charity event helped by Ripple was a birthday fundraiser for musician Madonna, which took place from July 30, 2018 through Aug. 31, 2018.
The musician …
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