Expert Says Those Who Think XRP is a Better Investment Than Bitcoin Are Out of Their Minds


JayDee, a widely followed analyst, has boldly asserted that XRP influencers and analysts who argue that XRP is a better investment than Bitcoin are “out of their minds.”

The market expert shared this strong opinion in a post on X after analyzing the historical chart of the XRP/BTC pair. JayDee pointed out that over the last six years, XRP’s price relative to Bitcoin has shown a massive negative trend, with XRP down by 97% against BTC.

How XRP/BTC Reached a Historic Low

JayDee’s chart revealed that XRP outperformed Bitcoin in the last quarter of 2017 and into early 2018, with the XRP/BTC ratio peaking at 0.00024 BTC. Specifically, XRP surged by 1,820%, climbing from $0.20 in October 2017 to $3.84 in January 2018. Meanwhile, Bitcoin saw a weaker uptrend, rising by 336% from $4,600 to $20,089 during the same period.

However, when the bear market set in after the bull run, XRP experienced a more dramatic decline than Bitcoin. As Bitcoin recovered, XRP failed to keep pace and continued to lag.

JayDee’s chart shows that the XRP/BTC ratio, which was at 0.00024 BTC in early 2018, plummeted to 0.00000949 by August 2024 — a 97% drop against Bitcoin. According to recent data, the gap has even widened, with the XRP/BTC ratio now sitting at 0.00000741 BTC.

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Essentially, since XRP reached its all-time high in 2018, its price has fallen much faster than Bitcoin during bear cycles and failed to recover at the same pace as BTC. This has placed XRP even further behind Bitcoin in terms of performance.

This is further highlighted by the fact that Bitcoin traded near its all-time high last week at around $73,000, while XRP was priced at just $0.53 — 85% below its own all-time high.

Given the significant disparity in performance between XRP and Bitcoin, JayDee emphasized that market commentators who believe XRP is a better investment than Bitcoin are simply misguided.

JayDee also noted he has realized returns of 4x to 33x in recent times. In contrast, he pointed out that the XRP Army has only seen modest 1x returns over the past six years, suggesting that XRP may not be the promising investment many in the community claim it to be.

Is It Time to Flip from Bitcoin to XRP?

Meanwhile, despite his critique, JayDee remains cautiously bullish on XRP, acknowledging that its seven-year-long consolidation could set the stage for a strong bull run.

In recent updates, he has suggested that market participants consider shifting the gains from Bitcoin investments into XRP, noting that the time may be right for such a “flip,” as the XRP/BTC ratio is around an all-time low.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



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