- Major corporations like Tesla, Apple, and Microsoft have generated significant profits for investors through innovation.
- In the past five years, investments in Tesla and Apple have outperformed XRP.
- Investors continue to worry as the decline in XRP’s price persists.
In the rapidly evolving world of technology and finance, a select group of companies have emerged as giants, rewriting the rules of their industries and amassing unprecedented wealth for their investors.
Impressive Performance by Tesla, Apple, and Microsoft
Technology giants such as Tesla, Apple, and Microsoft have demonstrated the power of innovation and game-changing products through their remarkable rise. These industry leaders have reshaped our lives with everything from electric vehicles to sleek smartphones, and their stocks have become a favorite in many portfolios.
In the following analysis, we calculated the return on investment (ROI) ratios between a $100 investment in industry giants Apple and Tesla and the same amount invested in XRP, one of the world’s leading cryptocurrencies.
5-Year ROI of XRP vs Apple and Tesla
Simply put, if someone had invested just $100 in Tesla in August 2018, when it became the world’s largest electric vehicle manufacturer, their investment would be worth approximately $1,108 today. This implies that TSLA’s annual return rate over the last five years was over 61%, with total profits exceeding $1,000.
Similarly, those who invested $100 in Apple’s shares in August 2018 would have seen their investment rise to over $345 in the last five years, with an annual return rate of 28% and total profits of approximately $245.
Finally, according to CoinStats, crypto investors who invested the same amount in XRP five years ago would have seen a modest investment return of about $147 from $100 in August 2018 to August 2023.
In light of this analysis, it appears that investors who chose AAPL and TSLA stocks have had stronger investment return rates over the last five years compared to those who chose XRP. However, it’s important to acknowledge that these rates are only for this period, and longer timeframes could yield different results in terms of ROI.
Meanwhile, XRP was trading at $0.52, down 1.34% on the day. The cryptocurrency has declined by approximately 27% over the past month. The ongoing court cases and uncertainties continue to be discussed among investors regarding their potential impact on the price.
Conclusion
Investing in innovation-driven companies like Tesla, Apple, and Microsoft has proven to be more profitable over the past five years than investing in XRP. However, the cryptocurrency market is highly volatile, and future trends could potentially alter these dynamics. As always, investors should carefully consider their risk tolerance and investment goals before making investment decisions.