Ripple has shown strength and consistency for many years. Even when he had legal problems, the crypto continued its position in the first 10 rows. Some analysts, such as Matthew Perry, even think that the token could become the number one crypto in the world.
Cryptocurrency analyst Matthew Perry made daring affirmations on Ripple (XRP) saying that the crypto will not exceed Ethereum, it will actually compete with Bitcoin for the first place of the crypto.
Perry thinks that most people just don't get how much XRP is close to becoming the second largest cryptocurrency. He calls it “crazy” that Ripple could soon be just behind Bitcoin, going beyond the current finalist, Ethereum.
The XRP price could skyrocket while Ripple climbs the rows
“XRP will finally become the number one cryptocurrency in the world”, “ Perry says with total confidence. It will not be committed exactly when it could happen, this year, next year or further. However, he is absolutely sure “It will happen.”
Looking at the figures, XRP is currently a market capitalization of $ 130 billionWell behind massive of 1.8 billion of dollars of bitcoin. But Perry stresses that the XRP price has already jumped 303% in the past year, even with a drop of 10% last month.
Perry is excited when he tells how XRP sometimes exchanges places with Tether in the ranking. So that XRP returns the positions with a stablecoin like Tether is already a “huge accomplishment” in his eyes. With $ 5.8 billion in daily negotiation volume, Perry estimates that the price of the ripples has tons of space to develop even before it reaches its previous summit of all time of about $ 3.40.
Why Ripple Bat Bitcoin according to Perry
Here is where Perry really argues his arguments. He simply breaks down: XRP is simply more useful than Bitcoin in the real world.
“Bitcoin takes about 15 minutes for transactions. Who wants to wait so long?” Perry explains. “XRP does it in a few seconds, uses much less energy and costs practically nothing to send.”
He says Bitcoin is always popular because it is like digital gold, which governments and large institutions retain as a reserve of value. But Perry thinks that people focus more on the use of the daily crypto, Bitcoin will lose his grip in the front row.
Read also: How much $ 2,000 in ripple (XRP) be worth at the top of Bull Run?
Perry compares it to the way we broadcast online content now. “We can send videos instantly to billions of people worldwide. Shouldn't our money move so fast? ” This is where XRP comes into play: it is built for a world where the value must move as quickly as our information.
Perry admits that he was worried about the dry trial against Ripple, but now he thinks that these fears were exaggerated. His faith in XRP has not become stronger, and he is convinced that it is only a matter of time before claiming place n ° 1 in crypto.
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