XRP Could Overtake Bitcoin If Enough Capital Converts to Holdings
A well-known cryptocurrency analyst, Rob Cunningham, has sparked debate by suggesting that XRP could potentially overtake Bitcoin in value. According to Cunningham, if $10 trillion worth of capital migrating onto the XRP Ledger converts into actual XRP holdings, it could support a multi-trillion-dollar valuation for XRP.
Cunningham pointed out that this scenario depends on three unknowns: how much new capital is converted into XRP, how long that capital stays in XRP, and how much liquidity sellers provide as the price rises. He noted that historical data shows a striking ratio of 600x between net capital inflows and overall valuation increase.
The analyst emphasized that this is a thought exercise rather than a prediction, given Bitcoin's current market value is roughly 17 times larger than XRP's. Cunningham also quoted himself as saying, 'Life happens fast, especially during revolutionary times.'