- In a recent analysis, crypto investor Linda Jones expressed an optimistic perspective on digital assets, specifically XRP, distinguishing it from traditional company stocks like Apple, NVIDIA, and Meta.
- Jones anticipates that 2025 will be a pivotal year for crypto, fueled by the expected approval of XRP ETFs, the resolution of the SEC lawsuit, and the emergence of a pro-crypto Trump administration.
Linda Jones, a wealth mentor, expresses confidence in the future of digital assets, particularly XRP. In a recent post on X, she forecasts that cryptocurrencies could potentially exceed the performance of major tech stocks such as Apple, Google, Tesla, Amazon, Meta, and Nvidia by a factor of ten.
Currently, Apple has seen a commendable 30% growth in its stock price, reinforcing its powerhouse status, while Nvidia and Meta have seen modest increases of 1.6% and 1.4%, respectively. In contrast, Jones outlines seven compelling reasons why XRP might achieve superior returns.
Here are the seven reasons outlined by the expert:
- Emerging Technology Cycle
Linda predicts that just as the internet revolutionized communication, digital assets like XRP are set to digitize money and enable the tokenization of various assets on the blockchain. The XRP Ledger (XRPL), developed by Ripple, has been a frontrunner in this space since its inception in 2012, and partnerships like the one with Archax are expected to bring substantial real-world assets to the ledger.
- Outstanding Asset Class Performance
Digital assets represent a new and distinct asset class that has historically been the best-performing group of assets. With cryptocurrencies gaining notoriety, XRP could leverage this trend to provide exceptional returns for investors. For instance, traditional international remittances can take up to 48 hours, while XRP transactions average only four seconds and can handle 1,500 transactions per second, 600 times faster than Bitcoin.
- Early Investment Opportunity
Jones further states that Investing in crypto presents a compelling opportunity, as the market is still in its early stages, with only about 5% of the global population having made investments. XRP, which launched on exchanges in 2012 at just $0.10 per token, peaked at its all-time high of $3.40 on January 7, 2018. Currently priced at $2.26 and 34.05% below its all-time high, XRP is well-positioned for potential appreciation while it targets a $5 valuation in 2025.
- Pre-Institutional Investment Advantage
Jones pointed out that retail investors currently hold an advantage over institutional investors due to regulatory barriers limiting institutional access to the crypto market. However, with expected crypto and stablecoin regulations set for early 2025, institutional capital may soon pour into the market. Additionally, Ripple recently launched its stablecoin, RLUSD, on December 17, making it available on exchanges like Uphold, Bitso, MoonPay, and Archax.
- Potential Tax Incentives
During the Bitcoin MENA 2024 Conference in Abu Dhabi, Eric Trump stated that U.S.-based cryptocurrencies would be exempted from taxes. This policy would apply to cryptocurrencies like Bitcoin (BTC), Cardano, Algorand (ALGO), Ripple and Stellar (XLM). This move could significantly boost investment in the U.S. for XRP, enhancing its adoption and market value, thus setting it apart from traditional stocks, which are subject to taxes.
- Pro-Crypto Leadership
President-elect Donald Trump continues to make high-profile appointments embracing cryptocurrency. Former US Securities and Exchange Commission (SEC) commissioner Paul Atkins is set to replace Gary Gensler as SEC chair, while David Sacks, a veteran of Silicon Valley, is stepping in as AI and Crypto Czar.
- A Pro-Crypto Congress
For the first time, Congress is showing strong support for cryptocurrencies, indicating a potential legislative boost for digital asset initiatives. This shift could positively impact XRP’s market. A total of 271 pro-crypto candidates have been elected, compared to 122 who are against it. Trump’s win is particularly significant, and supporters of crypto hold a 19 to 12 majority in the Senate.
The convergence of these seven factors underscores a strategic window for XRP to outperform traditional tech giants like Apple and Nvidia. As the crypto landscape evolves with increasing institutional interest and favorable regulations, XRP could emerge as a leading digital asset among other altcoins.
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Source: https://www.crypto-news-flash.com/7-reasons-xrp-could-outperform-apple-and-nvidia-by-10x/?utm_source=rss&utm_medium=rss&utm_campaign=7-reasons-xrp-could-outperform-apple-and-nvidia-by-10x