$XRP We broke a 7 year symmetrical triangle, the curse is li | Open Minded Skeptic on Binance Square

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Open Minded Skeptic

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$XRP We broke a 7 year symmetrical triangle, the curse is lifted 😈

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$OXT Due to MICA regulations I can suddenly no longer trade OXT on this platform. I also can’t participate in other projects I find fruitful due to bureaucracy. I can’t view charts on this platform for USDT pairs. Binance need to immediately introduce USDC pairs for every single crypto or face losing its European customer base. We are calling on Binance to act immediately and allow us to partake fully in the digital economy. We Europeans love and support crypto which is the future of finance and wish to invest in promising projects without restrictions.

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$GUN seriously don’t buy this. Most tokens aren’t in circulation and it’s a fresh launch. This will drop significantly and likely get delisted again.

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Flip The Switch

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$XRP These speculative bull runs are irrelevant and are just noise. Wait until swift integration is completed(Nov 22nd deadline, could be completed beforehand) to see what Xrp is truly capable of. I don’t know what the top is for a utility run as I’ve stated before I just know that Xrp can’t move big sums of money daily at current prices, it’s simple Mathematics. Swift moves over $1quadriion a year, 3-5trillion daily. If Xrp is moving just 100billion a day and is priced at $2 then 50b Xrp Are required to facilitate that transaction, if Xrp is priced at let’s say $50 then only 2billion Xrp Are required. There’s a bottleneck when utility kicks in and the only way is upwards in the long run, this is simple mathematics. There is not enough Xrp in ripple’s holdings to facilitate this at lower prices. Retail have over 58b, a good portion of Xrp is locked up in escrow although they can unlock 1b a month for ODL. ETFs, institutions, AMMs are/will be holding portions of the supply. I get it that people who bought the tops of speculative bull runs are frustrated that Xrp ‘only’ does a 10x+ every bull run and has had no price growth since 2018 but that is on the cusp of changing and you’re either in when it happens or you’re not. It’s kind of like being one of those people who were scared when Bitcoin ‘crashed’ to $2.70 back in 2011 and laughed at it but on a smaller scale because I don’t believe Xrp will ever reach bitcoin’s prices, that seems impossible from my perspective but that doesn’t mean it won’t provide a fantastic ROI during its utility run post adoption… G

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