Dom Kwok, the co-founder of EasyA, has insisted that XRP has a much stronger chance to surge a hundredfold compared to Bitcoin.
Kwok made this assertion in a recent discussion within the XRP community after he countered claims from Coinbase CEO Brian Armstrong that crypto assets like Bitcoin (BTC) and Ethereum (ETH) are not too expensive for the average retail investor.
According to Kwok, BTC and ETH have indeed become too expensive for most investors to buy in full, especially with Bitcoin sitting around $115,000 and Ethereum near $4,160. He said this price barrier is why EasyA focuses more on altcoins.
Kwok noted that, for instance, if someone wanted to start investing in crypto with $1,000, they wouldn’t likely choose to buy just 0.01 BTC. Instead, they’d rather own a larger number of cheaper coins. He said this mindset bolsters the popularity of altcoins and shows why they play such important roles in expanding the crypto market.
According to Kwok, most new investors prefer to hold many coins rather than a small fraction of an expensive one like BTC. He said this is why altcoins continue to attract attention, no matter how much Bitcoin supporters argue otherwise.
His comments triggered reactions, especially from members of the XRP community. Notably, one investor, Daniel Harris, supported the assertion.
Using an example, Harris said, with $1,000, an investor could either buy 0.0083 BTC if Bitcoin traded near $120,000, or 416.67 XRP at $2.60 per coin. Then, he asked which would deliver a better return on investment (ROI) three years from now. According to the investor, his money is on XRP.
Responding, Kwok agreed with this statement. However, Eri, another prominent XRP community figure, disagreed with the logic.
She said Kwok’s argument misses the point, explaining that ROI depends only on the percentage increase between the buying and selling price, not on how many coins someone owns. She said this applies to any tradable asset, whether an investor holds a fraction or a full unit.
Nonetheless, Kwok pushed back. He compared the prices directly, saying Bitcoin at $100,000 is far less likely to rise a hundredfold than XRP at $2.40. According to him, it is clear which has a better chance of a 100x rise from the difference in price alone.
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