In a recent analysis, crypto influencer Ben Armstrong, widely known as “BitBoy,” boldly predicted that XRP could soon replace meme coins as the main attraction for retail investors. Armstrong suggested that XRP may attract significant capital flows, shifting interest away from meme coins in the upcoming cycle.
In a video, Armstrong shared, “XRP will take over the role of meme coins in the next cycle. It sounds wild, but that’s where the money could flow.” This statement has sparked debates within the crypto community about XRP’s potential as a utility-driven asset compared to speculative meme tokens.
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Legal Success Sparks New Interest in XRP
Armstrong’s prediction comes with a renewed interest in XRP, primarily due to Ripple’s recent legal victory against the U.S. Securities and Exchange Commission (SEC). The SEC had claimed that XRP was a security, creating uncertainty around its trading within the U.S. market.
The favourable outcome has validated XRP’s non-security status, drawing renewed attention from investors. Armstrong’s comments further amplify this interest, suggesting a shift from meme coins toward XRP could alter the crypto market landscape.
According to Armstrong, reallocating funds from meme coins to XRP could redefine market dynamics. Meme coins like Dogecoin and Shiba Inu have previously attracted significant attention with their volatile nature and community-focused narratives. However, Armstrong believes the market may soon favour digital assets with real-world applications and institutional backing, like XRP.
Could XRP Surpass Ethereum by 2025?
Adding to this ambitious outlook, Armstrong has also suggested that XRP may overtake Ethereum to become the second-largest cryptocurrency by 2025. In a post on X, he pointed out that XRP once held this rank briefly in January 2017.
Though XRP’s position as the second-largest cryptocurrency was short-lived, Armstrong speculates that recent developments could position XRP to challenge Ethereum’s current standing. Ripple’s efforts to build partnerships with global financial institutions could boost liquidity and adoption, increasing XRP’s relevance in cross-border payments.
While Ethereum’s dominance comes from its dApp ecosystem and smart contract functionality, Armstrong argues that XRP’s role as a bridge currency might make it more influential within the global financial sector. Ripple’s approach of marketing XRP as a payment solution rather than a speculative asset could attract institutional investors seeking blockchain benefits without high volatility risks.
Future of Meme Coins and XRP’s Utility Potential
As the next market cycle approaches, Armstrong’s predictions have fueled discussions on the future of meme coins and XRP’s role as a utility asset. Meme coins, known for their price swings driven by social media, may struggle if investors begin seeking assets with practical applications.
XRP’s non-security status could be a foundation for broader adoption, primarily if regulatory clarity draws in more conservative investors who previously avoided high-risk meme coins.
