Indeed, that’s exactly what happened in late 2017 when XRP flew high … From about $0.15 to more than $3 in just two weeks! It was the rally, a meteoric 20x increase, that set the entire cryptocurrency market ablaze. Despite a dramatic drop off in late 2018, this boom is still the center of dialogue among most crypto pundits.

XRP has been one of the most contentious and divisive subjects in the crypto space for many years. Infamous for its bombastic price increases and constant litigation, the patent has gone through a wild story. Recently, our analyst Jesse took a deeper look at this important chapter in XRP’s history on an episode of the MaximusCrypto podcast. The panel was an interesting and informative retrospective on XRP’s performance during that exhilarating, yet confusing time.

To illustrate just how rapidly the price of XRP surged, Jesse focused on that two week time period. The exception, as he pointed out, is its large size — raising the price from $0.15 to more than $3. The analyst noted that the 20x increase in value is a monster bull run. No doubt this recent wave has piqued the crypto market’s interest, particularly as it relates to XRP.

The speed and size of the price increase fueled a lot of speculation and excitement in the crypto community. Though past results aren’t a guarantee of future success, the massive spike in 2017 still colors today’s view of XRP. XRP continues to be one of the most popular cryptocurrencies around, with its price action history often a focal point in discussions about the marketplace.