$XRP often sees a price boost before Ripple’s scheduled escrow release on the 1st of each month. This November, the price spike was fueled by excitement over Ripple’s new stablecoin announcement and unexpected positive comments from Jim Cramer, known as the "Cramer effect." Many inexperienced traders likely jumped in, adding to the rally.
But XRP’s long-term performance paints a different picture. Its all-time highs (ATH) in each bull market have been lower than the last, showing weaker momentum. For example, XRP’s 2017 ATH of $3.84 wasn’t even close during the 2021 bull market, where it peaked at just $1.96.
On the other hand, Stellar (XLM), often compared to $XLM has shown stronger performance. Stellar generates more revenue, has more partnerships, and doesn’t rely as heavily on token sales for its business. Its focus on global remittances and big partnerships, like the one with MoneyGram, has given it a significant advantage over Ripple.
For traders, understanding XRP’s predictable patterns—like these pre-escrow release pumps—can offer short-term opportunities. But when comparing long-term performance and fundamentals, XRP lags behind competitors like Stellar. Proceed with caution if you’re looking for sustained growth.
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