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If You Can Buy XRP then Why Buy XLM, ALGO, HBAR, or QNT
Fefe, a notable market pundit and XRP community member, has shared why he believes some investors opt to buy other altcoins instead of XRP.
The analyst discussed this in a recent commentary on X amid the mild market-wide recovery attempt, which XRP has leveraged to reclaim the $2.2 level. Notably, XRP initially spiked to a high of $2.31 yesterday before eventually correcting to now trade at $2.24.
Why Buy XLM, ALGO, HBAR, or QNT When You Can Buy XRP?
While this recovery push was not an explosive one, it presented a preview of XRP’s potential to record rapid, impressive gains like the 580% spike from November 2024 to January 2025. Notably, this is one of the reasons market pundits like Fefe have persistently asked investors to procure XRP now that it trades at a lower value.
According to Fefe, these altcoins include Stellar (XLM), which many regard as XRP’s direct rival, but others view as the project with the closest tech to XRP. Fefe also mentioned Hedera (HBAR), which has made strides in the RWA tokenization scene. He also spotlighted Algorand (ALGO) and Quant (QNT)
Fefe believes the only reason some individuals will choose these tokens instead of XRP is doubt. Accordingly, he urged investors to do away with doubts when looking to commit to an asset. Notably, conviction plays an important role during such a phase. In his own conviction, Fefe insisted that XRP is the standard.
XRP Has Outperformed Most of These Assets
Interestingly, XRP outperformed most of the aforementioned assets during the latest market-wide explosive rally. Specifically, during the upsurge, QNT rallied by 190% to $171 by December 2024, while ALGO spiked by a more impressive 436% to $0.6139 within the same period.
Meanwhile, HBAR saw the largest increase, even outpacing XRP, as it surged to a new peak of $0.4010 by January 2025, marking a 766% increase from its November 2024 price. XLM saw a rapid 468% increase in November alone and then witnessed a massive correction in the following months.
For XRP, the rally spread across multiple months just like HBAR. Notably, XRP surged 568% from $0.5088 in November 2024 to $3.4 in January 2025, beating every other asset on this list besides HBAR. Moreover, XRP has sustained its rally better than the others, as it is still up 340% from the November price.
Market veterans such as John Bollinger, creator of the Bollinger Bands, have praised XRP for this resilience. In addition, several analysts believe XRP could leverage the current $2 support for a massive uptick, with some projecting a rally to $27. For this reason, Fefe sees XRP as the best bet within a pool of altcoins.