Bitcoin Maximalist: Imagine Being So Retarded to Think XRP Is In Mag 7

Economist and market analyst Alex Krüger (@krugermarco) recently sparked discussion online with a post stating, "Imagine being so retarded to think XRP is in the same category as Mag 7 lmao."

This comment followed a thread where Krüger outlined his ranking of the fifteen best-performing large-cap assets and major stock indices over the preceding year.

Bitcoin led this list with a 62% gain, followed by prominent technology stocks such as Tesla and Google. Krüger's remark was a direct response to a reply that suggested large-cap cryptocurrencies, including XRP and Solana (SOL), had outperformed the assets he listed.

Krüger's assertion highlights his view that XRP should not be categorized alongside the "Magnificent 7" equities, an informal designation for leading U.S. technology companies like Apple, Amazon, and Nvidia. His argument is based on fundamental differences in market structure, performance characteristics, and investor demographics between digital assets and traditional equities.

Assessing XRP's Performance Against the "Mag 7"

Over the past twelve months, XRP has experienced gains that significantly surpass those of the assets included in Krüger's initial post. XRP has seen a rise of over 420% in the last year, a surge that outpaces Bitcoin's 62% increase. It has also consistently outperformed Ethereum, the largest altcoin, and has achieved much higher returns than the top-performing equities within the "Magnificent 7."

This substantial growth firmly positions XRP as one of the top-performing large-cap assets across both traditional and digital markets. Krüger's decision to exclude XRP from his ranking likely stems from his list's focus on assets that fall within conventional large-cap classifications, such as major stock indices and publicly traded equities.

Understanding Krüger's Perspective

Krüger's original list specifically targeted assets widely recognized as large-cap and possessing significant institutional backing. In contrast, XRP, despite its substantial market capitalization within the cryptocurrency sector, does not trade on the same scale or under the same regulatory conditions as leading U.S. stocks.

Therefore, his argument emphasizes that a direct comparison between XRP and these equities could misrepresent their respective positions in the broader investment landscape. However, evaluating XRP solely through this traditional equity lens might overlook its increasing significance within the digital finance ecosystem. Ripple has made notable advancements in expanding its payment infrastructure and gaining regulatory acceptance across various regions.

XRP's utility as a bridge currency for facilitating cross-border transactions continues to attract institutional interest, and its price movements often diverge from the speculative trends that influence smaller crypto assets.

While XRP may not have been included in Krüger's specific ranking, it has demonstrably outperformed some of the leading assets in the global financial markets. XRP serves a dual role as both a liquidity solution and a settlement token, with its appeal rooted in practical, real-world applications rather than purely speculative momentum.

From the standpoint of traditional equity comparisons, Krüger's claim holds validity. However, it does not fully encompass the distinct metrics by which XRP's value and growth are measured in the evolving digital asset space.