Ran Neuner, widely followed by CNBC Crypto Trader, boldly called the XRP Meme coin – and not just any memo coin, but also with the largest market capitalization.
Neuner shared this point of view in the post on X today, determining that, in his opinion, are the best coins of memes in the market. This happens against the background of the growth of a new opponent, Trump, who gained fame shortly after launch and is currently competing with the leader of the Meme More Market Dogecoin.
In his tweet, Neneri appreciated the XRP on top of his list of the largest coins of memes for a fully diluted rating (FDV).
XRP is the third largest cryptocurrency, after Bitcoin and Ethereum, with a market capitalization of 188 billion dollars. However, when considering the total offer of the XRP 99.98 billion, its FDV is 327 billion dollars.
While the XRP is widely recognized as a communal crypto -active, Neuner now claims that it functions similarly to Meme Coins, such as Dogecoin, with a market capitalization of $ 57 billion.
In addition, Neuner also placed Cardano (ADA) in this category, referring to his FDV $ 47 billion. Another noticeable utility that fell into the alleged list of the largest coins of Neuner is Hedera (HBAR).
Recent surge of critical assessments of XRP
XRP and Cardano were not the subject of critical categorization from outstanding market commentators. It was a repeating trend and gained impulse in recent weeks, especially because these coins have observed growing values.
For example, in August, the Macro investor Raul Pal Pal publicly stated that XRP and Cardano were “dead” from their reduction during the run at that time. Nevertheless, Pal has since reviewed his view on XRP, even apologizing to the XRP army.
Similarly, the maximalist bitcoin of Davinka Jeremy, who previously claimed that XRP was going to zero, recently stated that the coin could rally to a peak of $ 24 in this cycle.
However, unlike PAL, Jeremiah remains skeptical of XRP. He emphasized that he does not recommend holding XRP in the long run.
Meanwhile, others, like Rajat Sonya, kept bear eyes on XRP. Sonya recently attributed a mental illness to those who are projected by XRP can reach $ 100.
Despite the ongoing critical views on the XRP, the community remains persistent. Participants argue that since XRP surpasses Bitcoin, this is typical of criticism from maximalists.
A community responding to claims that XRP and ADA are memes
In response to the assessment of Neuner, a member of the community Talos expressed surprise that Neuner would classify ADA as a memony. He quoted that Cardano is one of the few blockchains supported by the reviewed research and a clear scalability road map.
Accordingly, the Talos proposed differentiation between the speculation of prices and the fundamental value.
Member of the Matt Sheffa community also objected to Neuner. He expressed that XRP, ADA and HBAR are ready to become critical components of financial, state and economic systems. He added that the ADA is on the verge of Bitcoin’s permission to participate in Defi.
