XRP Soars: Why Zero Venture Capital, No Smart Contracts, and Low User Count Created an $180 Billion Market Value?
Original author: goodalexander
Compiled by: TechFlow
Reprinted: Luke, Mars Finance
Why does XRP make people 'short circuit'?
In the field of cryptocurrency, the existence of XRP has disrupted many traditional narratives, particularly the mainstream views on venture capital (VC) and protocol value.
The initial viewpoint was that 'venture capital always tends to sell off, so choosing meme coins is a strategy against venture capital.' However, this viewpoint is gradually being overturned. It turns out that what can truly combat venture capital is not meme coins, but protocols with stable cash flows, as well as long-term protocols based in the U.S. (often referred to as 'dino coins').