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Prices of iPhones in XRP over the years: Cryptocurrency Valuation and Perspectives

Source: CoinWorld
XRP's value fluctuates greatly and is influenced by regulatory dynamics and market trends rather than traditional fundamentals. In 2020, an iPhone was priced at over 5,000 XRP, at $0.20 per token, but during the 2021 bull market, the price fell to about 900 XRP, at $1.20 per token. Ripple’s focus on institutional adoption (such as banking collaborations), which contrasts with limited retail uses, while the ongoing Securities and Exchange Commission (SEC) legal disputes have also added uncertainty. Analysts point out that despite XRP’s important role in cross-border payments, its price movements are still speculative, highlighting the contradiction between its consumer assets and corporate tools.
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