An expert analyst is stirring up the debate over XRP’s investment potential compared to Bitcoin. JayDee, a well-followed market analyst, has firmly stated that anyone who believes XRP is a better investment than Bitcoin is “out of their minds.” His bold comments were shared in a recent post on X, after analyzing the historical performance of the XRP/BTC trading pair.

JayDee’s analysis highlights a dramatic drop in the relative performance of XRP against Bitcoin, noting that the XRP/BTC ratio has fallen by an astonishing 97% over the last six years. This shift, according to JayDee, paints a clear picture of XRP’s underperformance when compared to Bitcoin’s growth and recovery.

XRP’s Brief Outperformance of Bitcoin

While the overall sentiment seems critical of XRP’s long-term potential, JayDee’s chart analysis reveals an interesting past period in the market. Specifically, during the last quarter of 2017 and into early 2018, XRP had a remarkable surge. At that time, XRP outperformed Bitcoin, with the XRP/BTC ratio reaching its peak of 0.00024 BTC.

During this period, XRP surged by an impressive 1,820%, rising from $0.20 in October 2017 to an all-time high of $3.84 in January 2018. In comparison, Bitcoin also performed well, climbing by 336% from $4,600 to $20,089 during the same timeframe.

However, as JayDee points out, while both assets saw gains during this bull run, XRP was the first to experience a sharp decline once the bear market took hold. Bitcoin, on the other hand, showed a more gradual pullback and eventually recovered more quickly than XRP, leading to a growing disparity between the two assets.

A Steep Decline for XRP

JayDee’s chart analysis makes it clear that since early 2018, XRP’s performance relative to Bitcoin has only worsened. As Bitcoin recovered in the years following the 2017/2018 bull run, XRP’s price stagnated and failed to regain significant ground. This is highlighted by the XRP/BTC ratio, which plummeted from 0.00024 BTC in 2018 to 0.00000949 BTC by August 2024—a staggering 97% drop.

As of now, the XRP/BTC ratio sits at an even lower level of 0.00000741 BTC, marking one of the lowest points in the asset’s history relative to Bitcoin.

The Performance Gap Between XRP and Bitcoin

The contrast in performance between XRP and Bitcoin is stark. Bitcoin, which traded near its all-time high of around $73,000 in late October 2024, has seen consistent growth despite market volatility. Meanwhile, XRP, currently priced at $0.53, remains 85% below its all-time high, struggling to regain its former glory.

For JayDee, this performance gap is critical. He emphasizes that XRP’s failure to keep pace with Bitcoin over the past six years shows that the altcoin may not be as promising an investment as many in the XRP Army believe.

“Market influencers and analysts who claim that XRP is a better investment than Bitcoin are simply misinformed,” JayDee asserts. He further criticizes the XRP community for promoting a narrative that could mislead new investors into believing the asset is primed for a major breakout.

JayDee’s Investment Success vs. XRP’s Modest Gains

JayDee’s personal investment track record offers some additional context for his critique. The analyst shares that he has realized impressive returns on his investments, ranging from 4x to 33x in recent times. In contrast, he claims that many XRP holders have seen minimal gains, with returns largely staying around 1x over the past six years. This, he argues, reflects the limited upside potential for XRP compared to more dominant cryptocurrencies like Bitcoin.

While JayDee is critical of XRP as an investment relative to Bitcoin, he isn’t completely bearish on the asset. He acknowledges the long consolidation period XRP has gone through, suggesting that it could still set the stage for a bull run if the market conditions align. However, he maintains that XRP is not a better bet than Bitcoin.

Should Investors Shift Focus from Bitcoin to XRP?

Despite his reservations, JayDee does not rule out the possibility of an XRP rally. He points out that the XRP/BTC ratio is currently at one of its lowest points in history, suggesting that the time might be right for investors to consider shifting profits from Bitcoin into XRP.

This potential “flip” would be a strategic move for those looking to capitalize on XRP’s relative underperformance. However, JayDee warns that investors should remain cautious and only consider this switch once the broader market conditions indicate a genuine opportunity for XRP.

Conclusion

JayDee’s latest analysis has reignited the debate over XRP’s place in the cryptocurrency market. While the expert is clear in his view that XRP cannot compete with Bitcoin as an investment, he also sees potential in the asset if market dynamics shift in its favor. The drastic fall in the XRP/BTC ratio over the last six years serves as a cautionary tale for investors who may be too eager to bet on XRP’s future.

Ultimately, JayDee’s advice is clear: those looking for high returns should be wary of claims that XRP is a better investment than Bitcoin. With Bitcoin continuing to outperform XRP, investors may want to reconsider their strategies—at least until XRP can prove itself in the next market cycle.