The cryptocurrency market has always been full of surprises – and a room that has recently been a serious growth is XRP. To negotiate only a few cents not long ago, XRP skyrocketed at $ 2.40, even briefly exceeding Tether to seize third place in the cryptographic classification. With all the developments in progress, it is natural to ask: XRP prepares to become the next Bitcoin?
The Fomo factor
Dave Portnoy, owner of DDTG Global, recently talked about the growing cryptography craze. Sharing a personal story, he revealed how he had become an escalation in an apartment in Miami by a cryptographic investor. “Just like that,” he said. “Bitcoin measures around $ 100,000. I worked hard for 20 years and yes – there are 100% Fomo on everything now.”
Portnoy admitted that although Bitcoin feels more established today, parts like XRP now attract the attention of people who run the next great opportunity. “But that’s why I am in XRP. It’s Fomo. It is not as if I had a certain belief in that there is. What if it is the next Bitcoin?”
Dry vs ripple saga approaching its end
One of the biggest obstacles for XRP was his long legal battle with the American Securities and Exchange (Sec) Commission. The case, which has dragged since 2020, accused Ripple of selling XRP as unregistered security. But with settlement talks that are gaining momentum and the two parties approaching a resolution, the world of cryptography looks closely.
Many believe that once this case has ended, it could open the doors of XRP to increase even more. The end of regulatory uncertainty could attract major investors and new partnerships – something Ripple has already actively obtained in the world.
Although it is too early to know if XRP can really reach the level of Bitcoin, it is undeniable that the momentum it builds. With a net price rally, a major trial has almost resolved and increased world partnerships, XRP is positioned as a serious competitor in the world of cryptography.
