John Squire, a widely followed social media manager, has suggested that those not holding XRP are likely making a mistake in their investment strategy.
Squire shared this sentiment in a tweet on X, urging crypto enthusiasts to consider adding XRP to their portfolios as they await the 2025 bull run.
XRP Compared to Rivals
XRP, the third-largest crypto asset behind only Ethereum and Bitcoin, has been one of the best tokens to hold in recent times. With a market price of $2.45, XRP boasts a year-to-date gain of 18%.
Meanwhile, close rivals like BNB, Dogecoin, and Ethereum are struggling with significant losses. In particular, BNB is down 17% year-to-date, while Dogecoin and Ethereum holders are nursing losses of 15% and 14%, respectively, since the start of the new year.
Looking at a longer timeframe, the performance gap grows even wider. Despite XRP losing 21% of its value over the past week, it still boasts an impressive 90-day gain of 351%.
In contrast, Ethereum shows a flat performance over the past three months with a negative 1.73% return. A similar trend is observed in BNB and other close rivals.
Given XRP’s strong performance relative to leading crypto assets, market commentators like Squire continue to encourage more investments in XRP, seeing it as a better play for the upcoming bullish wave in the market.
“If you still don’t have XRP, you’re doing something wrong,” Squire wrote in his tweet.
Optimism Around Holding XRP
Many users shared his sentiment in response. One X user, Himothy, remarked that he knows people who hold Bitcoin but no XRP, expressing dismay at their investment choice.
Meanwhile, market commentators like Edo Farina have even suggested a required quantity of XRP tokens for investors to hold in order to make it into the ranks of the wealthiest holders.
The growing confidence in XRP’s performance has led many, including respected voices in the community like John Deaton, to predict that XRP could overtake Ethereum in this market cycle.
They are confident that XRP will reclaim its position as the second-largest crypto asset behind Bitcoin, as it briefly did in 2018.
Critics Caution on Holding XRP for Too Long
Meanwhile, market critics like Davinci Jeremie are warning against overexposure to XRP. In a recent statement, Jeremie noted that he does not recommend XRP as a long-term investment. Instead, he advises market participants to view XRP as a trading opportunity for short-term profits.
Jeremie remains skeptical of XRP due to its ties to the banking system, which he views negatively. He compares it to the Federal Reserve and cautions that investing in it long-term is akin to supporting an exploitative financial system.
Despite his skepticism, Jeremie has stated that XRP could rally to $24 this year, representing nearly a 9X opportunity for today’s buyers.
Latest Cryptocurrency News – The Crypto Basic – Read More