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FOMO Drives Expert to Load Up on XRP, Calling It the Next Bitcoin
By: cryptonews|2025/05/16 11:45:05
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The cryptocurrency market has always been full of surprises — and one coin that’s made serious growth recently is XRP. From trading at just a few cents not long ago, XRP has skyrocketed to $2.40, even briefly overtaking Tether to grab the third spot on the crypto leaderboard. With all the ongoing developments, it’s natural to wonder: Is XRP gearing up to become the next Bitcoin? The FOMO Factor Dave Portnoy, owner of DDTG Global, recently spoke out about the growing crypto craze. Sharing a personal story, he revealed how he got outbid on an apartment in Miami by a crypto investor. “Just like that,” he said. “Bitcoin’s up to about $100k. I’ve worked hard for 20 years and yes — there’s 100% FOMO on everything now.” Why does @stoolpresidente own XRP? "FOMO." "It's not like I have some grand belief in it...it's what, 2 bucks 40 cents?...What if that's the next bitcoin?" pic.twitter.com/4rStqIUmtd Portnoy admitted that while Bitcoin feels more established today, coins like XRP are now catching the attention of people chasing the next big opportunity. “But that’s why I am in XRP. It’s FOMO. It’s not like I have some brand belief in it. What if that’s the next Bitcoin?” SEC vs Ripple Saga Nearing Its End One of the biggest obstacles for XRP has been its long legal battle with the U.S. Securities and Exchange Commission (SEC). The case, which has dragged on since 2020, accused Ripple of selling XRP as an unregistered security. But with settlement talks gaining momentum and both parties moving closer to a resolution, the crypto world is watching closely. Many believe that once this case wraps up, it could open the doors for XRP to surge even higher. The end of regulatory uncertainty might attract big investors and new partnerships — something Ripple has already been actively securing around the world. Nothing in today’s order changes Ripple’s wins (i.e. XRP is not a security, etc). This is about procedural concerns with the dismissal of Ripple’s cross-appeal. Ripple and the SEC are fully in agreement to resolve this case and will revisit this issue with the Court, together. https://t.co/vBQdBD3FNe While it’s too soon to tell if XRP can truly reach Bitcoin’s level, there’s no denying the momentum it’s building. With a sharp price rally, a major lawsuit nearly resolved, and increasing global partnerships, XRP is positioning itself as a serious contender in the crypto world.
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