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Crypto pundit SMQKE urged XRP holders to remember the token’s historical performance and argued that Ripple’s recent acquisitions could position XRP for larger gains. In an X post, SMQKE pointed to XRP’s past price appreciation and contrasted it with Bitcoin and Ethereum over the same period.
SMQKE said XRP delivered nearly 350x returns between 2017 and 2018. Over that period, he noted that Bitcoin gained 14x and Ethereum gained 100x. Based on those figures, SMQKE estimated that XRP’s price increase was roughly 24x steeper than Bitcoin’s.
SMQKE also referenced a statement from former Ripple executive Marcus Treacher, who said XRP is not a speculative currency but a long-term play tied to the future. Treacher argued that XRP could grow substantially over the long term as Ripple builds around XRP.
According to Treacher, changing how payments work worldwide is a major development. He said that once Ripple achieves this using the XRP Ledger, “everything else will start to fall into place.”
SMQKE added that, in his view, news does not move prices—utility does. He suggested that the key focus should be on expanding XRP’s use cases, with price gains expected to follow as adoption increases.
At the time of writing, XRP was trading at around $1.39, up over the last 24 hours, according to data from CoinMarketCap.
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