Pundit Says Do Not Make This Mistake With XRP

XRP proponents believe the token has recently become the focus of a FUD campaign that has swept through the crypto community. As a response, XRP community commentator Mickle aimed to tackle two persistent claims, which, according to him, misrepresent Ripple’s business model and XRP’s long-term potential. In his video commentary, Mickle addressed what he termed as “brand new FUD” regarding XRP’s potential.

Mickle highlighted how skeptics initially dismissed XRP as having no value. However, they now recognize its utility with institutional adoption, though they argue XRP’s potential is smaller compared to Bitcoin’s. Mickle explained that Ripple focuses on building an ecosystem around the XRP Ledger for traditional financial institutions. Notably, not every Ripple product uses XRP because not every financial process requires decentralized, instant settlement. This leads to misunderstandings that XRP is being ignored.

Mickle cited Ripple’s first product as an example—a messaging platform similar to SWIFT that initially didn’t involve XRP. Ripple’s strategy was to meet clients where they were, reduce fears surrounding blockchain, and build trust before introducing XRP-based settlement. he called this approach “genius”, as it fostered strong client relationships while establishing Ripple’s systems as safe and efficient.

Contrary to claims that Ripple ignores XRP, Mickle dismissed these as “patently false.” He reiterated Ripple CEO Brad Garlinghouse’s assertion that “XRP is the beating heartbeat of everything Ripple does.” Mickle stressed that Ripple’s ultimate vision is to drive a shift toward crypto-native settlement systems, with XRP at the core of this strategy. He argued that Ripple is laying the groundwork for broader XRP adoption, proving its importance in the company’s roadmap.

In addressing another controversy, Mickle responded to claims from Bitcoin proponent Dave Weisberger, who argued that XRP’s upside potential is limited despite Ripple’s business value. Mickle deemed this argument as “hard to understand,” pointing out that XRP has historically outperformed Bitcoin in most of its trading history and in almost every year over the past five years.

He noted that although XRP has dropped 59% against Bitcoin since its earliest trading days in August 2013, it has gained 218% against Bitcoin in the past year. Furthermore, XRP has increased 41,124% since its launch, according to CoinMarketCap data. These historical data trends, coupled with ongoing developments such as institutional adoption, ETF rollouts, and a U.S.-centric focus on crypto solutions, underscore XRP’s growth potential.

Mickle questioned criticism suggesting XRP’s growth is capped, particularly in light of its historical performance and current market trends. He asked, “If XRP throughout its entire history has been one of the best-performing crypto assets of all time, what makes you think that its price performance is capped?”

Drawing parallels to the early skepticism faced by companies like Nvidia, Amazon, and even the internet, Mickle argued that doubts about XRP’s potential might similarly be proven wrong. He asserted that time and the market will reveal the truth, stating, “The market will prove with time which one ends up being true.”

Mickle further contended that XRP’s use case in decentralized settlement provides a stronger value proposition than Bitcoin’s role as digital gold. He expressed confidence that XRP could even outperform Bitcoin, stating, “That’s my thesis for why I think XRP can actually outperform and flip Bitcoin.” The commentary underscores Mickle’s belief in XRP’s potential to redefine the cryptocurrency landscape.