I know we have people who like and who hate XRP coin, same like any other coins. But I won't be surprised if the market cap between XRP and BTC narrows down even more and it may not be a shock to me even if XRP crosses over BTC Market cap in due course of time.
Reasons for the same are numerous, but some key things to keep in mind is.
Although we keep talking about MarketCap and Total Supply etc. ; however a person with a $1000 to invest will not buy $500 worth of BTC , but will buy altcoins for lesser value. Currently Tron, ETN and few other coins are there as well to invest into; but at this point XRP is one of the MOST widely known coins across the world. Already listed on most of the big exchanges, and alot more exchanges planning to list them in 2018.
XRP has surged 36000% in 2017, but NOW is when their technology is picking up pace and the real gain would actually start henceforth.
XRP closed the marketcap between BTC and XRP by over 50% in the month of december itself.
BTC hardforks are not helping as more and more people have also speculated that BCH may very well be the next BTC.
XRP is closing some really big deals with major banks and as their adoption masses increase, the coin price is set to soar even more.
Source: https://steemit.com/ripple/@adriangana/high-probability-xrp-eyeing-26ksats-in-2-3-days-for-short-term
To Summarize, It is safe to say that the "War" Between BTC and XRP has silently started.
Please feel free to share your thoughts & comments below.
Cheers !!
I hope Ripple can break $5 in 2018
I think not only $5 once the contract signing with companies that want to use the X-rapid technology occurs. Possible a whooping price same as litecoin.