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| XRP vs. Freeport-McMoRan: Price Relationship Crosses ThresholdBy Metals Channel Staff, Tuesday, May 24, 9:35 AM ET
Here at CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time. We noticed that as of 5/24/2022, XRP ($XRP) can buy you the least amount of Freeport-McMoRan shares, in the past year. For example, if you had 100 XRP coins and wished to buy shares of FCX with the proceeds, you would only be able to buy 1.07 shares of FCX. That's versus a high amount of 3.85 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:
The main driver of the above bar chart has, of course, been the performance of Freeport-McMoRan shares, relative to the performance of XRP; and here's how the two compare over the past year on a total return basis:
Check out our XRP historical price chart and Freeport-McMoRan vs Crypto pages for additional charts. Note that any stock splits and/or dividends are included when we calculate the FCX returns. Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!
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