Despite the challenges Ripple has faced over the years, it has shown strong resilience, suggesting it could be one of the best cryptos to invest in.
However, when compared with Quant, crypto analyst Lee the Captain on YouTube weighs their potential based on market cap realities and the feasibility of growth. The analyst thinks QNT offers the better opportunity.
Looking at XRP and QNT Growth Potential
The analyst begins by examining the astronomical growth required for the XRP price to achieve a 36x increase from its current price.
He states:
If XRP price were to do a 36x from here, at that point, market cap, considering current circulating supply, would be around $5 trillion.
This figure is big, especially when compared to Canada’s GDP in 2023, which stood at roughly $2 trillion. Such a leap in market capitalization raises eyebrows and prompts serious consideration about the feasibility of such growth in the near term.
Critiquing the likelihood of XRP price reaching this valuation, the analyst remarks:
This is kind of insane to achieve, especially during this bull run… not talking about 15-20 years later, but in the next six months to a year, it’s a bit insane in my opinion.
He projects that XRP’s price could skyrocket to approximately $87.50 in this scenario, a target he describes as “a little bit ridiculous.”
Shifting from his investment strategy, the analyst articulates his primary goal:
What am I in the world of cryptocurrencies for? It’s to look for hypothetical upside but at the same time… with a more mitigated risk.
While he appreciates Ripple’s strengths, he finds the potential upside of Quant (QNT) more compelling.
Legal Hurdles Limiting XRP Price Growth
The future of XRP is clouded by ongoing legal challenges, particularly the lawsuit from the U.S. Securities and Exchange Commission (SEC). The SEC alleges that XRP was sold as an unregistered security, creating significant uncertainty for both investors and users.
This legal battle not only casts doubt on XRP’s regulatory standing but also negatively impacts its adoption and price performance. The uncertainty surrounding XRP’s future raises concerns about its long-term viability in a rapidly changing market.
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Quant: Pioneering Interoperability
Lee stated that Quant’s proactive approach to regulatory compliance contrasts sharply with XRP’s current legal woes. Quant has established a clear regulatory status, providing a level of reassurance to investors. This clarity is an essential factor for those looking to invest in a cryptocurrency with less risk of regulatory backlash.
QNT currently has a market cap of $1.6 billion. A 36x growth from the current level will take the market cap to around $58 billion, which could still be realistic.
Strategic Partnerships and Future Growth
Beyond technology and legal standing, Quant has forged partnerships with various organizations, enhancing its credibility and market presence. These collaborations further underscore Quant’s strategic advantage as it works to implement its interoperability solutions across multiple sectors.
While XRP has played a significant role in the cryptocurrency ecosystem, the analysis leans heavily in favor of Quant (QNT). The advantages of QNT’s technological framework, coupled with its regulatory clarity and strategic partnerships, position it for future growth.
