- Developers founded XRP in 2012
- From 2013 to 2023, the crypto projects managed to remain among the list of top 10 cryptocurrencies
The crypto market is often characterized as the survival of the fittest, and that’s true. Only the fittest have the capacity to survive in the crypto market. The same with XRP, as the project continues to exist after more than ten years. Besides existing, this project didn’t leave the top 10 crypto rankings since 2013.
Why is XRP the King of Longevity?
- Popular crypto influencer Ben Armstrong, popularly known as Bitboy Crypto, posted a recent video explaining some things in the crypto market. Apparently, the market is much deeper than one thinks. If you dip it, it was actually much harder to succeed in the crypto industry ten years ago than it is today.
- Back then, crypto adoption wasn’t as rampant as it is today. Although the crypto industry isn’t there yet in terms of adoption, there’s still some massive increase compared to ten years ago. Also, the increasing prominence of social media is helping many things within the crypto space. A project can go viral and make things much easier for project developers. We can see that with Friend.tech. It wasn’t that way ten years ago.
- Apparently, in the video Bitboy made, he highlighted how XRP dominates the market despite being a year old as of 2013. XRP went live in 2012 and hasn’t put a foot wrong since.
Many Projects Fail After A Bear Market
- In this video, Bitboy highlighted how much of an achievement it is for a crypto project to continue going after more than ten years. It shows that the project can literally stand the test of time. Apparently, Bitboy shared some of the top 10 cryptocurrencies back then in 2013.
- Bitcoin was there. The same was XRP and even Litecoin. But compared to today, Litecoin isn’t among the top 10 cryptocurrencies anymore. But right there is XRP fighting to be among the top 5 cryptocurrencies. On the other hand, Litecoin isn’t even among the top 10 cryptocurrencies anymore. The problem is that most crypto projects fail to keep up after a bear market. According to Bitboy, most coins that leave the top 10 fail to return either due to a collapse or market condition.
XRP, the King of Longevity
- Apart from Bitcoin, XRP shows why many people believe in the token. A crypto project proving itself across multiple bear markets is no small feat. Over the years, XRP continues to fight for the top 10 cryptocurrencies.
- At the time of writing, XRP is in the top 10 cryptocurrencies list by market capitalization. It currently has a market cap of more than $27 billion. On the other hand, the crypto price revolves around the $0.51 range.
Conclusion
Popular crypto influencer Ben Armstrong, also known as Bitboy Crypto, shared some insights on an occurrence people underrate. That is a crypto project surviving the bear market and still remaining in the top 10 cryptocurrencies. Apparently, this applies to XRP after an excellent run since 2013. At press time, XRP is still in the top 5 rankings.
