Crypto advocate Max Avery shared his perspective on the potential growth of Bitcoin and XRP, emphasizing the importance of a pragmatic investment approach.
Avery’s Analysis
Avery begins by highlighting that for Bitcoin to achieve a 10x return, its price needs to reach $1 million per coin, whereas XRP only needs to hit $25 for the same outcome. This stark difference in growth feasibility is emphasized by Avery, noting that over the past decade, XRP has outperformed Bitcoin in percent ROI.
Market Capitalization Factor
A key counterpoint to Avery’s argument comes from an X user, Evil Jungle King, who notes that for Bitcoin to achieve a tenfold increase, its market cap must rise from approximately $2 trillion to $20 trillion, which seems unlikely. Conversely, for XRP, a market cap of $1.5 trillion is reasonable, though a 100x increase is seen as unrealistic.
Broader Investment Perspective
Avery emphasizes that success in the cryptocurrency industry is not confined to the dominance of a single asset but rather to the realistic future trajectory. He advises investors to avoid 'tribal thinking' and to focus on data analysis.
Avery’s perspective calls for objectivity in investments, focusing not on emotional attachment but on the numbers and potential of the evolving market.
