Cryptocurrency has gone through boom and bust cycles for years. XRP (Ripple) (CRYPTO: XRP) once soared as high as $2.78 before a 2018 crash decimated it. Had you bought $1,000 of XRP in early 2018, you'd have just $185 left today.

So why hasn't XRP bounced back like Bitcoin and other cryptos have? The cryptocurrency's creator, Ripple, is locked in a fierce lawsuit with the Securities and Exchange Commission (SEC) over its regulatory status.

XRP is still one of the largest cryptocurrencies today, and the pending litigation overshadowing the cryptocurrency makes it a potentially high-risk, high-reward investment idea.

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Source Fool.com