Kaspa and Ripple’s XRP are two cryptocurrencies that attract a lot of people due to their promising metrics and offerings. But which of them can provide better returns? Lee the Captain, a YouTube channel with more than 36,000 subscribers, answers the question.
The analyst who made the presentation is choosing Kaspa over XRP in the current crypto landscape. The crypto analyst breaks down his investment thesis by focusing on realistic growth potential and market cap calculations.
Kaspa Has More Chance of Growth
The analyst explains that Kaspa reaching $10 would represent a 65x return, resulting in a market cap of approximately $250 billion—notably still $300 billion less than Ethereum’s all-time high.
In contrast, he points out that for XRP to achieve a similar 65x multiplication, it would need to reach $96, pushing its market cap to an astronomical $5.5 trillion, which he considers unrealistic in the short term of 6-10 months.
While acknowledging XRP’s recent positive performance and praising Brad Garlinghouse’s leadership at Ripple, Lee the Captain emphasizes that his focus is on maximizing potential returns. He positions Kaspa as a middle-ground option between established cryptocurrencies and risky micro-caps.
The crypto analyst reveals his long-term commitment to Kaspa, having accumulated it for over a year. He highlights its technical advantages, describing it as a Block DAG digital ledger that enables parallel blocks and instant transaction confirmation, operating 600 times faster than Bitcoin while maintaining a proof-of-work system.
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Addressing criticisms about Kaspa’s ecosystem being dominated by meme coins, Lee suggests this isn’t necessarily negative for an emerging platform. He draws parallels between Kaspa and Ethereum, arguing that Kaspa offers solutions to Ethereum’s scalability issues and high gas fees.
The analyst points to broader market trends, noting the doubled crypto ownership since the 2021 bull run, with over 600 million current owners. He suggests that if Bitcoin reaches $200,000, the resulting market momentum could significantly benefit altcoins like Kaspa.
Lee the Captain concludes by highlighting Kaspa’s growing exposure, including its recent Kraken listing, and compares its passionate community to XRP’s enthusiastic following. Based on his analysis, he believes Kaspa has a better chance of reaching $10 during this bull run compared to XRP achieving similar percentage gains.
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