XRP vs. Merck and Co: Price Relationship Crosses Threshold
By CryptocurrenciesChannel Staff, 6/28/2022
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 6/28/2022, XRP ($XRP) can buy you the
least amount of Merck and Co shares, in the past year. For example, if you had 100 XRP coins and wished to buy shares of MRK with the proceeds, you would only be able to buy 0.36 share of MRK. That's versus a high amount of 1.80 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 Merck and Co 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
Merck and Co vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the MRK returns.
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