We’re going to explore claims from a market expert who says XRP is free from the speculative bubble pressures we often see with other cryptocurrencies like Bitcoin and Ethereum.
So, what sets XRP apart from other major cryptocurrencies? According to crypto expert SMQKE, XRP’s value stands strong, and it’s not subject to the speculative bubbles that impact the likes of Bitcoin (BTC) and Ethereum (ETH).
In a recent commentary, SMQKE emphasized that XRP’s stability comes from its real-world utility, especially in cross-border payments and institutional finance. Unlike Bitcoin and Ethereum, which are often driven by hype and market manipulation, XRP’s value is grounded in its use case. That’s a huge advantage in a space often fueled by speculation.
SMQKE provided a document to back up his claim. In this document, it was noted that macroeconomic factors didn’t significantly impact XRP’s value, unlike Bitcoin. A rational bubble model study conducted by Fry in 2018 found speculative bubbles in Bitcoin and Ethereum — but none in XRP.
When a market’s prices are driven more by hype than actual value, that’s when you get what’s called a “speculative bubble.” However according to SMQKE, XRP has dodged this bullet due to its technological security and stability in the financial system.
SMQKE also argues that Bitcoin and Ethereum might not be as decentralized as many in the industry claim. With XRP’s roots in its utility, it sidesteps the centralized manipulation seen in other cryptos. In simple terms, XRP’s value grows organically, through network usage and real-world application, rather than hype.
Crypto expert Pharaoh predicts that XRP could be on the verge of a 2017-style bull run! After Bitcoin’s 2016 halving, its price skyrocketed in 2017, and Pharaoh believes that history might repeat itself for XRP.
This could kick off as early as December 2024, especially once Ripple’s ongoing lawsuit with the U.S. Securities and Exchange Commission is resolved. Experts are expecting a strong end to 2024, with significant momentum rolling into 2025.
So, is XRP the stable, bubble-free asset we’ve all been waiting for in the crypto world? With real-world use cases and the potential for a major bull run, it’s one to watch.
What do you think about XRP’s future? Are you bullish on the altcoin?
Let us know in the comments below.
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Disclaimer:This article is for informational purposes only and does not constitute financial advice. Always do your own research before investing in any cryptocurrency.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your research before investing in any cryptocurrency.