In a YouTube video posted on November 23, the analyst behind the popular Moon Lambo channel argued that there are key differences between the Bitcoin and XRP communities.
The analyst pointed to a Twitter poll conducted by MicroStrategy CEO Michael Saylor, asking whether respondents feel they have enough Bitcoin (BTC). 85% answered no. Meanwhile, an XRP survey asking the same question found a more balanced 56% answered no.
I just couldn’t help but laugh. When I came across the results of these two surveys today, I couldn’t help but laugh. […] It perfectly illustrates the type of people who are into XRP vs. Bitcoin.
Moon Lambo
While not directly criticizing any response, the analyst believes Saylor’s survey shows how “religious” and “devout” many Bitcoin advocates are about the cryptocurrency being central to their way of life. Instead, he believes the XRP community more rationally recognizes the digital asset as an “investment opportunity.”
The analyst also does not believe that maximalists who believe Bitcoin eclipses all other cryptocurrencies are common in the XRP community, although he says they are prevalent among Bitcoin supporters. Overall, although he owns both, he feels more aligned with other XRP investors for those reasons.
In other comments, the analyst cited research from Pantera Capital’s Dan Morehead that forecasts Bitcoin’s current bull cycle to last until November 2025.
Morehead believes that Bitcoin’s roughly four-year market cycles relate to built-in halving events. However, Moon Lambo believes that halving miner rewards has little impact on the price. He believes stock market cycles are likely to drive the four-year cycles of cryptocurrencies.
However, the Moon Lambo host remains convinced by Morehead’s pattern analysis:
If this market is really going to take off and we’re going to see these heights, you know, it’s not like every day is going to be, you know, a mission to the moon, but let’s appreciate the up days. We deserve to celebrate.
Moon Lambo
