Bitcoin is not the only cryptocurrency that has made gains. Dogecoin and XRP have done just that, outperforming Bitcoin.

The surge in the value of the XRP token comes amid speculation that the SEC may drop its legal case against Ripple Labs, the company that developed the XRP platform.

Ripple Labs' XRP Token has come up trumps post-election to become one of the world’s biggest cryptocurrencies. The currency leapfrogged Solana’s SOL and is now fourth behind only Tether’s USDT, Ether token and of course Bitcoin.

While most Bitcoin followers have heard MicroStrategy's Michael Saylor make the bold call that Bitcoin will hit $13 million in about two decades, this latest call is not from the billionaire but from two analysts at a respected Wall Street firm. Let's take a look.

MicroStrategy continued its bitcoin buying spree, with this latest stash acquired at an average purchase price of $95,976 per bitcoin. Company chairman Michael Saylor teased the announcement on X over the weekend.

"MicroStrategy found a way to outperform Bitcoin," Saylor told the WSJ. "The way that we outperform Bitcoin, in essence, is we just lever up Bitcoin."