Many of the people predicting doom and gloom for $XRP—claiming it’s weakening, slowing down, or heading for disaster—seem to fall into one of these categories:
Long-Time Skeptics: They’ve been watching $XRP for years without witnessing any substantial price surges. Now, they’re so jaded they can’t believe it has the potential to grow and sustain its value.
Early Sellers: These individuals sold their holdings as soon as the price spiked significantly. Now, seeing further price increases, they feel the need to justify their decision by doubting XRP’s potential.
Liquidated Short Sellers: They bet against $XRP, shorting it at $1.60–$2.00, only to get liquidated. Now, they feel cheated and refuse to admit their mistake.
Fearful Short Sellers: These traders have active short positions and are terrified of being liquidated as the price continues to rise.
When it comes to utility, why is $XRP’s utility even in question? Let’s be honest—what is $BTC’s utility today? The “good old Silk Road” days are long gone, and compared to $BTC, XRP actually has significant utility. BTC’s value seems to rely more on hype than real-world use cases. XRP, on the other hand, has far more potential for practical application.
Regarding market cap concerns—how is it that $ETH, with its unlimited supply, trades at over $3,000, yet a $1,000 XRP is deemed “impossible”? XRP’s supply is finite, which strengthens its long-term value proposition.
Let’s also not forget how the SEC’s lawsuit suppressed XRP’s growth. If the SEC hadn’t intervened, XRP would have likely reached much higher values over the past few years. What we’re seeing now is XRP reclaiming its true value—growth that was delayed but is now happening at an accelerated pace.
Add to that the regulatory clarity Ripple is gaining, its continued utility development despite years of suppression, ETF filings, and upcoming stablecoin initiatives—all of which signal a stronger future for XRP.
So, why is anyone surprised by XRP’s rise?
#2024withBinance #xrpsucess