Bitcoin News Today: XRP Outperforms Bitcoin With 616% Gain In 2024

PharaohX33, a prominent crypto investor and vocal member of the XRP community, recently challenged Bitcoin maximalists by highlighting XRP’s performance in the current market cycle. In a post on X, he urged Bitcoin holders to reconsider their investment strategy if their goal is to accumulate more BTC over time. PharaohX33 mocked the typical response of Bitcoin supporters, stating, “Don’t buy XRP bro, buy Bitcoin bro. Bitcoin is decentralized bro,” and then countered with, “Yet XRP has already delivered & will continue to deliver a higher ROI than Bitcoin this cycle. ROI is all that matters.”

PharaohX33’s argument is supported by the performance metrics of both cryptocurrencies. In November 2024, XRP opened at $0.5092 while Bitcoin stood at $70,216.90. XRP has since surged to an all-time high of $3.65, representing an approximately 616% increase. In comparison, Bitcoin’s climb to $123,091.61 marks a gain of about 75%. This stark contrast reinforces PharaohX33’s view that XRP has outperformed BTC so far in this market cycle.

Beyond price action, XRP’s network activity also shows significant momentum. Active XRP addresses have increased by 490% since 2022, indicating rising adoption and engagement with the ecosystem. Bitcoin’s active addresses, by contrast, have only seen a 10% increase in the same period. This difference highlights how user activity regarding XRP is accelerating at a far greater pace.

PharaohX33 added, “If you really wanted more Bitcoin, you’ll sell your Bitcoin for XRP… and sell your XRP for more Bitcoin later on.” This strategy underscores the potential for higher returns from investing in XRP and then converting back to Bitcoin. Other experts have also highlighted XRP’s ability to outperform Bitcoin in terms of ROI, showing how a $2 increase for XRP could mean significantly more than a $20,000 increase for BTC.

PharaohX33’s unapologetic tone reflects a growing frustration among XRP advocates who believe their asset’s progress is too often overlooked in favor of Bitcoin’s dominance narrative. With XRP continuing to make strides in both price and network usage, the debate between the two communities is unlikely to subside soon. PharaohX33’s message cuts through the noise with one clear assertion. For anyone looking to earn from their crypto investments by holding more BTC, the best option is to buy XRP and swap it for BTC later, as XRP offers more growth despite criticism from Bitcoin maximalists.