Speaking at Consensus in Toronto, Portnoy floated the idea that the digital asset might follow in Bitcoin’s early footsteps, fueled not by technical analysis or deep conviction, but by one of the most powerful forces in finance: fear of missing out.

Portnoy shared a personal story that underscored this mindset. Years ago, he was outbid on a Miami apartment by a buyer who had struck gold with Bitcoin when it was still trading in single digits. That moment stuck with him. While he’s spent decades building a career, someone who got into crypto early had suddenly leapfrogged him — a jarring realization that shaped how he now views emerging digital assets.

“I don’t know much about it,” he admitted, “but what if XRP’s the next one?” The question wasn’t grounded in deep research — just a hunch, and a sense that history might repeat itself.

For many, that’s more than enough reason to jump in.

While Bitcoin continues to dominate the market as the undisputed leader, there’s a growing segment of investors who believe another breakout could come from a less obvious place. XRP, despite its legal entanglements and volatile past, is one of the few tokens with the visibility and infrastructure to ride such a wave — if it ever comes.

Portnoy’s approach may be unorthodox, but it echoes a broader sentiment in the crypto community: that the next big thing won’t wait for everyone to feel ready. For some, the gamble is worth it — not because of certainty, but because of potential.

The post Could XRP Be the Next Big Crypto Play? Dave Portnoy Weighs In appeared first on Coindoo.

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Filed under: Bitcoin - @ May 18, 2025 1:01 am