Most people who post about $XRP being weak, slowing down, and/or warning of an impending doom are one of the following:
1. They have watched XRP for years without making any significant price increases and are therefore unable to believe that it can grow and maintain its value;
2. They sold it once the price went up significantly and now they are desperately trying to prove that it was the right decision despite the subsequent price increase;
3. They shorted as soon as the price touched $1.6-$2.00, got liquidated and now feel cheated (unable to understand that they were the ones who made the mistake);
4. They came late to the party, want to join, but at a lower price, so they try to get others to sell;
5. They have short sold and are afraid that they will be liquidated soon;
Now when it comes to the comments about the benefit - why would they question it? I mean, what is the benefit of$BTC
? The old Silk Road is dead 😂 XRP has much more potential than BTC in the area of interest - in fact it has some, compared to BTC. In fact, it is BTC that gets its value from the hype, not the other way around.
“Impossible market cap” you say? What about the fact that $ETH is trading at over 3k and has infinite supply? Does that make sense? Yet you claim that $1k XRP is impossible, while the supply is finite 🤔
The truth is that XRP was being suppressed by the SEC. If the SEC hadn’t been chasing them, XRP would have reached a much higher value over the past few years. What’s happening now is that XRP is regaining the actual value that it would have accumulated over the years. But in a much shorter time frame. On top of that, it’s gaining regulatory clarity, Ripple hasn’t been left behind in terms of interest despite being suppressed by the SEC, and of course, ETFs have been introduced and stablecoins are being issued. All at the same time.
What are you surprised by...?😅
