In the highly competitive world of cryptocurrency, success is only waiting for the strongest. Here, factors such as age and speed do not control the value of any token / coin, although this can greatly affect the volume of trade. The world of cryptocurrency is known for its inability to remain static.
The superiority of XRP over BTC event is unlikely, but possible. Cost analysis of Ripple XRP versus BTC shows that the coin will need to double its current market capitalization more than 13 times, the possibility of overthrowing Bitcoin remains unclear.
Despite the fact that Ripple is significantly lagging behind both in its trading price, volume and market capitalization, the coin takes a fairly safe way, creating an exposure through some very unique and large partnerships.
The latest with Blockchain startup, R3. Through partnerships with Barclay and the Royal Bank of Canada, it is clear that Ripple is taking the necessary steps to promote and further expand its network.
It is for this reason that XRP is able to flourish, despite its inability to get on the Coinbase list. If XRP can maintain this level of stability, it is unknown how far it can go between the present and the next few years.
Because XRP held steady even in the November bloodbath, Ran Neuner took it upon himself to “warn” cryptocurrency traders that the XRP Ripple is likely to bring more profit than BTC and BCH.
Not only Neuner turned to XRP as the first coin, but many users also began to express confidence in Ripple’s ability to dominate the cryptocurrency market. It is possible that XRP will shift bitcoin and take first place in the near future.