Did You Know That Ashton Kutcher Held $4 Million In XRP In 2018? Here's What He Did With It

Already in 2018, XRP XRP/USD had a prominent advocate: actor Ashton Kutcher.

What Happened: In 2018, Hollywood actor Ashton Kutcher introduced XRP to mainstream audiences by donating $4 million worth of XRP through the XRP payment app to The Ellen DeGeneres Wildlife Fund live on her talk show.

The donation, made on Ripple's behalf, showcased XRP's ability to facilitate instant cross-border payments years before crypto gained mainstream adoption.

Over the past year, XRP has gained 350.9% compared to Bitcoin's BTC/USD gains of 83.4% and Ethereum's ETH/USD losses of -11%.

With cryptocurrencies gaining traction in recent years, Hollywood celebrities have not only invested in it but apparently also funded movies with it.

Mike Tyson launched a Bitcoin wallet in 2016 with Bitcoin Direct and Lindsay Lohan launched her own NFT on Ethereum blockchain.

XRP Worth $4 Million In 2018 Is Now Worth…

On May 20, 2018, XRP was trading at $0.6772. Currently XRP sits at $2.44, a 260.3% gain over seven years. If Kutcher had held onto his XRP, his $4 million donation would now be worth $9.12 million.

While Kutcher's donation was for a good cause, the opportunity cost of holding XRP highlights the unpredictable nature of crypto investments.

What Does The Future Hold?

XRP's bullish momentum has been fueled by several key developments: Donald Trump's recent Truth Social post teasing Ripple sparked excitement among XRP investors.

The SEC acknowledged Spot XRP ETF filings from CoinShares, CBOE and BitwiseInvest, fueling speculation of a major rally, and Brazil's securities regulator approved the world's first Spot XRP ETF, launched by Hashdex.

With institutional adoption growing and regulatory clarity improving, XRP may be on the verge of another breakout.

What's Next: While celebrity endorsements and past price movements don't guarantee future success, XRP's strong momentum and institutional backing could position it for further gains.

Read Next:

• ‘Gary Cardone’ Dumps XRP Position, Saying ‘I Genuinely Hope The XRP Army Gets Stupid Rich, I Don’t Think You Will’

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