In a YouTube video posted on Nov. 23rd, 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 by MicroStrategy CEO Michael Saylor asking if respondents feel they hold enough Bitcoin (BTC). 85% answered no. Meanwhile, an XRP poll asking the same question found a more balanced 56% responding no.
I just couldnโt help but laugh. When I came across the results of these two polls earlier today, I couldnโt help but laugh. [โฆ] It so perfectly illustrates the type of people that are in XRP versus Bitcoin.
Moon Lambo
While not directly criticizing any responses, the analyst believes Saylorโs poll shows how โreligiousโ and โdevoutโ many Bitcoin proponents are about the cryptocurrency being central to their way of life. By contrast, he feels the XRP community recognizes the digital asset more rationally as an โinvestment opportunity.โ
The analyst also does not think maximalists who believe Bitcoin overshadows all other cryptos are common in the XRP community, though he says they are prevalent among Bitcoin backers. Overall, while holding both, he feels more aligned with fellow XRP investors for such reasons.
In other comments, the analyst cited research from Pantera Capitalโs Dan Morehead forecasting the current Bitcoin bull cycle lasting until Nov. 2025.
Morehead believes Bitcoinโs roughly four-year market cycles relate to built-in halving events. However, Moon Lambo feels halvings reducing miner rewards have little impact on price. He believes equity market cycles likely drive cryptoโs four-year period cycles instead.
Nonetheless, the Moon Lambo host remains convinced by Moreheadโs pattern analysis:
If this market really is going to take off and weโre going to see these heights, you know, itโs not that every day is going to be, you know, a moon mission, but letโs appreciate the days up. We deserve to celebrate.
Moon Lambo
