# Michael XBT Identifies CRV as a Potential Cycle Outperformer

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/29024
Published: 2026-10-09T13:48:41.000Z
Updated: 2026-10-09T13:48:41.000Z
Section: Investing

> The trader compared CRV with XRP’s previous-cycle performance and said Bitcoin must clear $87,000 for XRP to make a major breakout.

Michael XBT identified Curve DAO Token (CRV) as a potential outperformer in the current market cycle, comparing its prospects with XRP’s performance during the previous cycle.

He said he began buying CRV at $0.20 and continued adding as its price rose.

Michael XBT also said he remains bullish on XRP, with Bitcoin (BTC) needing to break above $87,000 before XRP makes what he described as a major bullish breakout. He identified $1.49 as a resistance level XRP would need to clear for its next major upward move.

The comparison represents one market participant’s thesis and does not establish that CRV will repeat XRP’s previous performance.

Curve is a decentralized-finance protocol, and CRV supports liquidity rewards, governance and veCRV locking. Curve’s annual CRV issuance fell from about 115.5 million CRV to about 97.2 million CRV in August 2026, a reduction of approximately 15.9%.

The change took effect Aug. 12, 2026, at 6:17:47 p.m. ET (22:17:47 UTC). Curve’s documentation lists an approximate maximum supply of 3.03 billion CRV.