Fefe, a distinguished market pundit and XRP neighborhood member, has shared why he believes some investors decide to aquire a amount of altcoins pretty than XRP.
The analyst talked about this in a latest commentary on X amid the delicate market-vast recovery strive, which XRP has leveraged to reclaim the $2.2 level. Notably, XRP in the origin spiked to a high of $2.31 the earlier day sooner than lastly correcting to now alternate at $2.24.
Why Aquire XLM, ALGO, HBAR, or QNT When You Can Aquire XRP?
While this recovery push used to be not an explosive one, it equipped a preview of XRP’s doable to epic mercurial, impressive good points like the 580% spike from November 2024 to January 2025. Notably, this is one amongst the explanations market pundits like Fefe indulge in steadily requested investors to receive XRP now that it trades at a lower designate.
In his latest commentary, Fefe questioned why any investor would rush up on XRP to amass a amount of altcoins. Particularly, he called consideration to four a amount of crypto property others could perhaps peep as rivals to XRP. On the different hand, his comments advised there could be not a logical reason why an investor would rush for any of these tokens whereas ignoring XRP.
In conserving with Fefe, these altcoins contain Stellar (XLM), which many regard as XRP’s utter rival, nevertheless others glimpse as the mission with the closest tech to XRP. Fefe additionally talked about Hedera (HBAR), which has made strides in the RWA tokenization scene. He additionally spotlighted Algorand (ALGO) and Quant (QNT).
Fefe believes the particular reason some folks will resolve these tokens pretty than XRP is doubt. Accordingly, he entreated investors to attain away with doubts when taking a look to commit to an asset. Notably, conviction plays a actually critical position at some level of this kind of segment. In his have conviction, Fefe insisted that XRP is the in style.
XRP Has Outperformed Most of These Sources
Curiously, XRP outperformed quite quite a bit of the aforementioned property at some level of the latest market-vast explosive rally. Particularly, at some level of the upsurge, QNT rallied by 190% to $171 by December 2024, whereas ALGO spiked by a extra impressive 436% to $0.6139 within the the same interval.
In the intervening time, HBAR saw the finest expand, even outpacing XRP, because it surged to a current peak of $0.4010 by January 2025, marking a 766% expand from its November 2024 designate. XLM saw a mercurial 468% expand in November on my own and then witnessed a huge correction in the next months.
For XRP, the rally spread during so a lot of months impartial appropriate like HBAR. Notably, XRP surged 568% from $0.5088 in November 2024 to $3.4 in January 2025, beating every a amount of asset on this checklist moreover HBAR. Moreover, XRP has sustained its rally higher than the others, because it is smooth up 340% from the November designate.
Market veterans such as John Bollinger, creator of the Bollinger Bands, indulge in praised XRP for this resilience. In addition, so a lot of analysts take into accounts XRP could perhaps leverage the present $2 make stronger for a huge uptick, with some projecting a rally to $27. Due to the this, Fefe sees XRP as the finest bet within a pool of altcoins.
