$XRP Vs $BTC : Why XRP Might Outperform Bitcoin Soon
Amid the Bitcoin (BTC) price surge, an expert is making a strong case for investors to stack up XRP.
The cryptocurrency researcher is hinging his argument on the low-hanging fruit of an XRP price rally to $8, driven by legal clarity and real-world use cases.
As Bitcoin and the rest of the cryptocurrency markets surge in valuation, pundits are predicting a stronger performance for XRP.
According to cryptocurrency analyst Ripple Van Winkle, XRP will record impressive returns over Bitcoin during the current market cycle.
Ripple Van Winkle notes in an X post that Bitcoin’s near-term price expectations sit at $200,000. While an impressive haul, the cryptocurrency analyst argued that the projected figure is only a 2x rally for Bitcoin.
On the other hand, the analyst notes that XRP’s current price of around $ 2.40 leaves room for a five-fold price increase. Conservative predictions for XRP price in this cycle hover around the $12 mark, with Ripple Van Winkle pitching his tent with the altcoin.
“Even a conservative $8-12 target means 3-5x returns,” said Ripple Van Winkle. “That’s the kind of gains that actually move the needle.”
An XRP price spurt in the near term is a possibility given a slew of factors. For starters, an SEC settlement agreement letter is poised to bring the long-running legal dispute to a close.
Ripple Van Winkle argues that the incoming legal clarity will be a game-changer, in addition to its low fees and lightning-fast transactions.
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