Sal Gilbert, the CEO of Teucrium, says that the currency $XRP
shows strong demand and promising long-term opportunities, with many believing it may outperform Bitcoin in performance.
$XRP is currently trading at $2.02, down 7.35% over the past week, and its short-term performance has not discouraged investors from investing in it. Instead, the focus is increasingly on its broader role in financial infrastructure.
In a recent interview, Gilbert highlighted the growing demand for investment products tied to XRP. He acknowledged the view shared by many observers that #XRP may offer greater long-term gains than Bitcoin.
"Digital asset investor," an influential figure in the XRP community, highlighted Gilbert's comment on XRP in a tweet.
Bitcoin as a digital store of value
Comparing $XRP to other major cryptocurrencies, Gilbert described Bitcoin as a digital store of value, akin to digital gold. While he acknowledged ongoing efforts to add functionality to Bitcoin, he asserted that its core utility remains preserving wealth. Regarding Ethereum, Gilbert admitted that he lacks a deep understanding of its ecosystem, thus refraining from making a definitive opinion.
When discussing XRP, Gilbert referred to its active use case. He explained that Ripple is building the core "rails" for digital and tokenized financial systems.
And while these systems were initially designed for finance, they may ultimately support a wider range of tokenization applications. XRP serves as the foundational token within this infrastructure.
Ripple's high professionalism and focus: Gilbert
Furthermore, Gilbert mentioned that his team sees Ripple as highly professional and focused. He praised the company's dedication and long-term vision. He stated that the company's trust in Ripple and the utility of XRP were essential in developing the ETF.
Speaking about the choice to offer a leveraged XRP ETF instead of a leveraged Bitcoin ETF, Gilbert clarified that the market is still looking for specialized trading tools. Given Teucrium's background as a derivatives-focused company, he stated that the company aims to develop a product that was not easily accessible before. He added that most seasoned cryptocurrency investors already understand how to buy XRP directly.
Acknowledging that the leveraged product carries higher risks and volatility, Gilbert reiterated his belief in the use case of #XRP in the long term.
Although he did not provide any price predictions, he emphasized that XRP's role in enabling tokenization could support its future growth. He also warned that leveraged products require careful handling due to their high level of risk.
"XRP offers a more attractive risk-to-reward ratio than #Bitcoin "
Separately, Eduardo Farina, founder of the #Alpha Lions Academy, provided a supportive perspective on the XRP investment thesis. In his analysis, Farina argues that XRP offers a more attractive risk-to-reward ratio than Bitcoin.
With Bitcoin surpassing $100,000, Farina noted that the growth potential of XRP remains relatively conservative, but realistic in comparison. Given the lower entry price and increased attractiveness of its use cases, Farina's remarks suggest that XRP could outperform Bitcoin in terms of returns.
However, some critics disagree with this view.