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Since the first week of January 2025, the Ripple community has been at loggerheads with Bitcoin maximalists, who were rattled by the idea that the US government is considering adding XRP to the proposed national crypto stockpile. So before you are welcomed to the XRP family, you might need to buy a really substantial amount of tokens to prove where your “loyalty” lies.

“How much $XRP do I need to be accepted in the #XRPFamily? I recently sold some other crypto to buy more. I now have around 375 XRP. Is that enough?” asked an XRP community member on X, earlier today.

There were far more “yays” than “nays,” but the community is asking crypto enthusiasts to buy more and hold. Why? Pro-XRP crypto investors strongly believe 2025 is the year XRP will finally surpass Bitcoin’s market dominance.

Community: XRP is better than Bitcoin

In the mid-2010s, XRP was once the second-largest cryptocurrency by market capitalization, jumping in front of Ethereum. At the time, the Ripple Labs token’s presence was growing so fast, Bitcoin’s stans were scared it would give them a run for their money. 

But a series of deep dives into the structure of XRP, followed by a lawsuit in 2020 by the US Securities and Exchange Commission claiming it is a security, watered down all the hype within the crypto community. 

“At its core, the Ripple business model is a pump and dump scheme, as it undergoes numerous activities to increase the value of the XRP cryptocurrency (crypto). Unlike most crypto pumps and dumps, however, Ripple takes numerous steps to obscure this basic fact,” explained Jason Bloomberg in a Forbes article published in 2019.

Unlike Bitcoin’s decentralized nature, the Ripple network operates with relatively few nodes, which has led experts to scream “centralization.” 

On the flip side, XRP’s supporters, who have dubbed Bitcoin stans as “maximalists,” continue to argue that the token’s utility and its ability to revolutionize cross-border payments outweigh concerns about decentralization. One X user recently posted about XRP’s energy-efficient fast transactions, claiming that the XRP Ledger “outpaces Bitcoin’s Proof of Work.” 

$XRP Ledger Revolutionizes Blockchain with Energy-Efficient, Lightning-Fast Transactions, Outpacing Bitcoin’s Proof of Work, and

Positions Itself as an Ideal U.S. Strategic Reserve Asset#XRPFamily #Ripple pic.twitter.com/TfzDLmUGJV

— 𝕏aif🇮🇳|🇺🇸 (@Xaif_03) January 28, 2025

In a January 28 post, Ripple CEO Brad Garlinghouse took a dig at BTC supporters, saying, “Maximalism is the enemy of crypto progress.” Garlinghouse went on to explain that he owns a range of cryptocurrencies, including Bitcoin, Ethereum, and XRP, and that if communities could work together, naysayers would stop calling the crypto market a “zero-sum game.” He added:

“We live in a multichain world, and I’ve advocated for a level-playing field, instead of one token versus another,” he noted, “If a govt digital asset reserve is created – I believe it should be representative of the industry, not just one token (whether it be BTC, XRP or anything else).”

XRP price surges, bullish trend signals arise

Meanwhile, per Coingecko, XRP has surged 8.2% to $3.13 in the last 24 hours following the announcement that Ripple had secured Money Transmitter Licenses in New York and Texas. 

Ripple secures Money Transmitter Licenses in New York and Texas, bringing its total US licenses to over 50 !!! Oh and don’t forget XRP community day tomorrow for XRP 10am . #WeKeepWinning #xrp #xrpfamily @Ripple pic.twitter.com/IO3xJZGfCJ

— CryptoJer (@deathbcomesu) January 27, 2025

This regulatory breakthrough has bolstered market confidence in XRP. The market index on TradingView shows the market is 88% bullish, with investors betting that the licenses will help Ripple expand its presence even further in the US market. 

On the intraday trading chart, XRP’s price is testing resistance levels near $3.78-$4.00. One market analyst on X suggests that a bullish breakout above $3.40-$3.50 could invalidate the rising wedge pattern, sending XRP towards $3.78 and potentially higher, while a rejection at the $3.78-$4.00 range could signal a pullback to lower levels around $2.85. 

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THOUGHTS ON THE MARKET :

🚨 The #Fed 's rate decision on January 29 is expected to remain unchanged.
#TRUMP wants the rate to be lowered, if he manages to direct the Fed on these tracks, then we will see growth in all markets.

I think the news about the new #AI startup from China will bypass the market, they came up with some kind of nonsense and blew it up all over the world🌍 they always need to distract people with some useless topics or scare them.

XRP and Dogecoin: Buzz after Buzz! When action? 🔥⚠️🚀

Starting with XRP, it's been on a bit of a rollercoaster. Recently, XRP saw a significant surge, jumping by 11% to hit $3.20. This uptick was a nice recovery after a dip the previous day, where it had fallen by 11% to $2.75.

Now, what's fueling these moves? A lot of it comes down to big players, often referred to as "whales," making substantial transactions. In just 24 hours, whales absorbed $360 million worth of XRP, signaling strong interest from major investors.

But it's not all smooth sailing. The market's been pretty volatile, and with that comes the risk of liquidations. For instance, there was a staggering 3,750% liquidation imbalance that caught many XRP bulls off guard.

Switching gears to Dogecoin, it's been holding its ground too. Currently trading at around $0.33, DOGE has seen its share of ups and downs.

Similar to XRP, Dogecoin has witnessed significant whale activity. Large holders have been making moves, which often leads to increased speculation and price fluctuations.

However, with the increased activity comes heightened liquidation risks. In a recent 24-hour period, approximately 23,444,976 DOGE were liquidated, amounting to about $7.79 million.

So, what's the takeaway? Both XRP and Dogecoin are experiencing significant movements influenced by major players in the market. While there's potential for gains, the volatility also brings risks, especially concerning liquidations. As always, it's essential to stay informed and approach the market with caution.

Happy trading, and may the odds be ever in your favor!
#xrp #DOGE #BTC #solana #Write2Earn $XRP $DOGE
{spot}(DOGEUSDT)

{spot}(XRPUSDT)

🐻 End of the Bear Trap: Bitcoin Set to Soar! 🐂

The long-awaited reversal in Bitcoin charts has finally happened. The “bear trap” phase is over, and the market is regaining strong momentum. We’ve moved past the “Accumulation” and “Momentum Building” stages on the chart, and now we’re heading toward a solid uptrend. RSI indicators and market volume suggest the start of a new bull run.

In the coming week, we could see higher prices as key resistance levels are broken. The increase in volume and the return of market participants indicate that this movement could be sustainable. At this stage, it’s crucial to strategize and seize the opportunities. Remember, DYOR (do your own research) is always the key!
#DeepSeekImpact

Happy Lunar New Year 🧧

From all of us at #Binance, we wish you a prosperous and joyful Year of the Snake.