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Could XRP Be the Next Bitcoin?


XRP (CRYPTO: XRP), the native cryptocurrency of the XRP Ledger, is a divisive token. The bulls believe it will rally as it clears its regulatory hurdles, attracts more institutional investors, and becomes more widely used to settle payments on Ripple's platform. The bears will point out that it is neither scarce nor useful on its own, and stablecoins might cannibalize it.

So could XRP silence its critics and eventually become the next Bitcoin (CRYPTO: BTC)? Or will it succumb to its existential challenges and fade away with the other smaller altcoins?

Image source: Getty Images.

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Source Fool.com

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