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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Bitcoin Maxi Says Hold 0.0027 Bitcoin Rather Than 100 XRP
The Bitcoin vs. XRP debate continues to trend strongly on crypto Twitter, as a long-standing Bitcoin maximalist recently weighs in on preference.
Maxi Makes Bitcoin Preference Over XRP
At the current market price of $122,000, 0.0027 BTC amounts to $329.4. However, XRP trades at $3.27, with a 100 XRP stash costing $327 to acquire.
XRP or Bitcoin?
Notably, both XRP and Bitcoin communities often claim each is better than the other. This long-standing banter has some suggesting that XRP being in this conversation places it in an exclusive list. Further, XRP enthusiast Diep Sanh noted that Bitcoin maxis were also running a free promotion for XRP and have aided its growth.
In the past, notable Bitcoin proponents like Davinci Jeremie, Robert Breedlove, and Rajat Soni have publicly criticized XRP. They called XRP several names, including a stablecoin, with Jeremie suggesting that holding XRP puts you at risk of asset freeze anytime. Notably, a few of them have come to regret writing off the asset, especially with its rally from 50 cents to over $3.
Nonetheless, certain XRP proponents insist that XRP would create more millionaires than Bitcoin ever did. Crypto influencer Amonyx made this claim in July, suggesting that XRP trades at a criminally low price compared to its potential, especially with its utility in the cross-border landscape.
Bitcoin has created millionaires and billionaires with its historical run from less than a dollar to over $121,000 today, and Amonyx insists that XRP would outdo that. This suggests that XRP has better upside potential than Bitcoin and could one day match Bitcoin’s percentage uptick.
Moreover, crypto researcher Anderson asserted that XRP can reach $1,000 if Bitcoin has the capability to reach $1 million. From here, XRP would increase 30,481% to reach $1,000, while BTC would grow 920%. This offers a better portfolio upside for XRP holders compared to Bitcoin in this scenario. Nonetheless, it remains to be seen if these targets could materialize.
How $300 in XRP and Bitcoin Have Fared Historically
It bears mentioning that a $300 investment in XRP and Bitcoin before now has performed differently. For context, if one bought $300 in XRP at its earliest trading price of $0.0058 in August 2013, it would be worth $165,517 now. Bitcoin acquired in the same timeframe at around $100 would be worth approximately $360K today.
If one invested the same amount in XRP in August 2015 when its price traded for $0.0084, the stash would have increased 38,828% to reach $116,785, while Bitcoin bought at $284 would turn into $128,832.
Meanwhile, if one bought the same $300 in XRP at $0.50 in November 2024 before the Trump rally, it would amount to $1,962 now. $300 in Bitcoin bought at the same time would be worth $532 today.