Read

TRON

Chainlink

<p>Cryptoinsightuk, a prominent figure in the cryptocurrency community, highlights the divisive nature of XRP among investors. While many people harbor negative sentiments towards XRP, there is often value in assets that evoke strong emotions. Interestingly, XRP holds a unique position as the only altcoin with legal clarity. A district judge has ruled that <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> is not a security, providing a level of regulatory certainty that is lacking in other cryptocurrencies. In an industry where regulation is expected to increase, being at the forefront of legal compliance presents a favorable advantage for XRP.</p>
<p><strong>The Challenges Faced by XRP Holders</strong></p>
<p><a href="https://twitter.com/Cryptoinsightuk/status/1727968567319027723?t=ZcPJk7fHKJmWj8ZhFuhfvg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Cryptoinsightuk acknowledges</a> that even XRP holders themselves feel disheartened by the asset’s price action. XRP has proven to be one of the hardest assets to hold due to its historical pattern of sideways movement and depreciation over extended periods. However, it is worth noting that such periods of consolidation have often been followed by significant upward movements.</p>
<p>In the bull run of 2017, XRP experienced explosive growth, with a staggering 10,000% increase in just 60 days or a remarkable 61,000% increase over 280 days. While it may be challenging to achieve similar percentage gains in the future due to the substantial market cap, the potential for significant expansion remains.</p>
<p><strong>The Potential for XRP’s Global Dominance</strong></p>
<p><a href="https://twitter.com/Brett_Crypto_X/status/1727659416080494717?t=g4CwSVu3UfJznSijMtptFA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Brett Hill,</a> another cryptocurrency enthusiast, boldly predicts that XRP will become the global standard sooner than anticipated. While the exact timeline remains uncertain, Hill’s assertion reflects the belief that XRP possesses the necessary attributes to establish itself as the standard digital asset for global transactions. XRP’s real-world utility and the potential for it to be adopted by financial institutions and cross-border payment systems contribute to this optimistic outlook.</p>
<p><strong>The Importance of Legal Clarity and Market Cap</strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="593" src="https://captainaltcoin.com/wp-content/uploads/2023/11/image-669-1024x593.png" alt="" class="wp-image-384250" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/image-669-1024x593.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-669-300x174.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-669-768x445.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-669-1536x890.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-669-2048x1187.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-669-259x150.png 259w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-669-100x58.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-669-604x350.png 604w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-669-788x456.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-669.png 963w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Based on Cryptoinsightuk’s insight, RP’s legal clarity sets it apart from other altcoins, providing a solid foundation for its future growth and adoption. Additionally, XRP has demonstrated its ability to overtake Ethereum (ETH) in terms of market capitalization, even achieving a nearly 20% share of the total cryptocurrency market cap on some occasions.</p>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/7-ways-chainlink-link-solves-inefficiencies-and-fraud-issues-in-the-30-trillion-global-trade-industry/" target="_blank" rel="noopener noreferrer nofollow">7 Ways Chainlink (LINK) Solves Inefficiencies and Fraud Issues in the $30 Trillion Global Trade Industry</a></li>
 <li><a href="https://captainaltcoin.com/kaspa-render-dione-and-these-7-cryptos-are-the-most-promising-crypto-projects-in-the-world-expert/" target="_blank" rel="noopener noreferrer nofollow">Kaspa, Render Network, Dione, and These 7 Cryptos Are the Most Promising Projects in the World – Expert</a></li>
 <li><a href="https://captainaltcoin.com/ali-martinez-bullish-outlook-on-ethereum-traders-pick-tron-and-everlodge-for-high-roi/" target="_blank" rel="noopener noreferrer nofollow">Ali Martinez Bullish Outlook on Ethereum – Traders Pick TRON and Everlodge for High ROI</a></li>
</ul>
<p>These instances of market cap dominance coincided with significant movements in altcoins following Bitcoin’s price impulses. While it remains uncertain whether history will repeat itself, the past flips in market cap highlight the potential for XRP to regain its position and make substantial gains in the future.</p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy thetrades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/why-xrp-is-one-of-the-hardest-assets-to-hold-underperforms-other-altcoins-though-valuable/" rel="noopener noreferrer nofollow">Ripple’s XRP is ‘One of the Hardest Assets to Hold,’ But Can Overtake Ethereum’s Market Cap</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Ripple’s XRP is ‘One of the Hardest Assets to Hold,’ But Can Overtake Ethereum’s Market Cap

Table of Contents

CaptainAltcoin

Other articles published on Nov 24, 2023

Can Shiba Inu Reach $0.001 in 2024? – Expert

SEC Blocks Celsius’ Assets: The Obstacle Ahead

CryptoRank Report Unveils Market Variance as Bitcoin Surpasses $37K

Shiba Inu Price Analysis: Can SHIB Overcome the Binance Turbulence?

Pintu Token (PTU) Price Prediction 2024, 2025, 2030, 2040, and 2050

Chainlink Price Prediction as LINK Surges 16.6% in Two Weeks – Can LINK Reach $100?

Join our free newsletter for daily crypto updates!