Is XRP the Best Cryptocurrency to Buy With $1,000 Right Now?

Core Viewpoint - XRP has experienced a significant decline in value over the past 90 days, dropping 34% from a 52-week high of $3.65 to $2.40, underperforming compared to Bitcoin and Ethereum [1][7] Group 1: Catalysts for Potential Price Increase - The imminent launch of new spot XRP exchange-traded funds (ETFs) is expected to drive up XRP's price, with several investment firms having pending applications with the SEC [3] - The federal government shutdown has disrupted the review process for these ETFs, causing investor sentiment towards XRP to sour as the anticipated influx of new capital is now on hold [4] - The emergence of new digital asset treasury companies that focus on acquiring and holding XRP has been noted, with companies like VivoPower International raising significant funds to accumulate XRP [6][8] Group 2: Market Dynamics - The expectation is that the approval of spot ETFs will mirror the price surge seen with Bitcoin ETFs, although XRP does not have the same level of investor appeal [5] - The buying activity from digital asset treasury companies is anticipated to create a new source of constant demand for XRP, potentially supporting its price in the long term [8]