Crypto analyst Vandell Aljarrah, co-founder of Black Swan Capitalist, has suggested that Bitcoin maximalists could potentially abandon their staunch support for BTC in favor of XRP should the latter achieve new all-time highs.
Aljarrah bases this prediction on observed historical market behavior, indicating that profit motives might ultimately override ideological loyalty to Bitcoin’s decentralized principles if XRP experiences a significant price surge.
Currently, XRP trades significantly below its all-time high of $3.84, while Bitcoin maintains its position as the dominant cryptocurrency by market capitalization. The crypto community exhibits division regarding Aljarrah’s forecast, with some viewing it as a plausible market scenario and others dismissing it as speculative.
The differing fundamental purposes of Bitcoin and XRP – Bitcoin primarily serving as a store of value and XRP focused on facilitating cross-border payments – are also highlighted as key factors influencing investor strategies and broader market dynamics.