XRP Is the Next Manhattan: Crypto Influencer Drops Bombshell Comparison

A prominent crypto voice on X just likened Ripple’s XRP to buying Manhattan for beads—except this time, Wall Street isn’t laughing (yet).

Why the hype? The analogy taps into that sweet spot of FOMO and historical precedent—because nothing sells like ’getting in early’ on the next big thing. Even if that thing is a digital asset tangled in SEC lawsuits.

Bull case: XRP’s recent rally and institutional adoption whispers suggest it might dodge its ’perpetual runner-up’ status. Bear case: Comparing crypto to real estate is like comparing a meme stock to a dividend aristocrat—entertaining, but hedge funds still won’t invite you to their yacht parties.

One thing’s clear: In a market where ’utility token’ often means ’greater fool theory with extra steps,’ XRP keeps swinging for the fences.

A Massive Buying Opportunity?

Although XRP has gained over 350% in the past year, some market observers believe the asset could still be considered undervalued. Edoardo Farina – who closely monitors the asset’s price dynamics – is among the biggest optimists.

Earlier this week, he claimed that investing in XRP now equals buying real estate in Manhattan in the 19th century. Back in the day, one could purchase farmland in the area for less than $100 per acre, whereas residential lots cost less than $1,000. Nowadays, New York City’s economic and administrative center is one of the most expensive real estate markets globally, with prices often in the millions of dollars. 

It is worth noting that Farina is a huge proponent of Ripple’s native token and has made numerous bullish forecasts in the past. At the start of 2025, he claimed that $10 “seems like a conservative price prediction.” Earlier this month, he speculated that if the price surges to the aforementioned mark, then it can fly all the way to the ridiculous $100.

Reaching triple-digit territory WOULD require XRP’s market cap to skyrocket to almost $6 trillion (based on the circulating supply of 58,6 billion tokens), which would place it 3x above BTC’s. Currently, the coin’s capitalization is less than $150 billion. 

More Realistic Predictions

Farina isn’t the only bullish analyst on XRP, but many others have recently set much more modest targets for the short term. 

The X user CRYPTOWZRD chipped in earlier today (May 16) when the price retested the $2.34 intraday support territory. They claimed a positive reversal from this mark “should trigger a long opportunity.” As witnessed later, the price climbed to as high as $2.43.

At the beginning of the month, Captain Faibik suggested that XRP at $2 is “an absolute gift.” The analyst also envisioned a favorable scenario where the valuation approaches $5 in the NEAR future.