Foreign media: XRP's switch to XLM may not be a misjudgment.
CoinPedia
06-02 01:53
Ai Focus
Foreign media commentators say the controversy surrounding the rotation between XRP and XLM is still brewing. Lawyer Bill Morgan believes that whether to switch positions should be based on long-term performance rather than short-term gains.
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Foreign media reports that lawyer Bill Morgan stated that switching from XRP to XLM may not be a wrong decision, as the market has not yet provided a definitive answer. He doesn't mean that XLM is necessarily superior to XRP, but rather he's reminding investors not to equate short-term gains directly with fundamental changes.

Controversy Focus

Morgan believes that some investors have interpreted XLM's recent surge as a sign of a new development in Stellar's outlook. In reality, this move is more likely just an extension of the overall market trend driven by Bitcoin, rather than a sudden realization of a single narrative.

Some in the community have cited two recently published patents by DTCC as evidence to support XLM. However, analysts point out that the relevant statements cover a broader distributed ledger framework and do not require binding to a specific protocol.

Long-term judgment

Morgan's core argument is that the real comparison isn't who rises faster this week, but who can maintain their position over the next five to ten years. For many investors, adjusting long-term holdings based on a single market narrative often leads to hasty decisions within a cycle.

in conclusion

In his view, both XRP and XLM have their own supporters and are influenced by Bitcoin's price movements. As for whether this portfolio rebalancing was correct, the market needs more time to answer that.

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