In the middle of this, an unexpected yet intriguing question emerges – whether XRP can eventually overthrow Bitcoin NEXT? A trader-expert known in the crypto space under the nickname “DonAlt” stood up to answer that question.
Noting that XRP’s fully diluted valuation (FDV) is now double that of Solana and rapidly approaching Ethereum, DonAlt has drawn parallels to 2017, when XRP briefly overtook Bitcoin.
However, he cautions that while such growth may excite optimists, going too far could destabilize the market as it did then. DonAlt suggests that even a realistic upside scenario, such as a 1,000% increase, could lead to catastrophic corrections if the market fails to maintain balance.
But there is still a bit of skepticism out there. Looking at what has happened in the past and what is going on in the market right now, it is clear that growth like this needs to be managed carefully. There are a lot of risks involved, and the 2017 market crash is a good example of what can happen if things get out of control.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
