A Hard Lesson for XRP Holders: Is It Time for Regret?
XRP has long been a controversial coin among investors, with some seeing it as a golden opportunity, while others have warned of its uncertain future. I have repeatedly written, and confirmed that the coin will fall, but it seems that there are those who believed that these predictions were just empty threats, and began to mock the warnings. And now, here we are, and the coin has actually started to fall significantly, and it is still on its way to falling further.
What is happening?
In the beginning, XRP was holding its value in a way that attracted investors who believed that the future would bring them huge profits. But the bitter truth began to emerge clearly; the whales left the coin, which means that the great force that was raising its value has diminished. This only happens when there is a real imbalance in the intrinsic value of the coin.
Ordinary investors remained in a state of excessive optimism, ignoring the warnings and information that confirmed that the market was saturated, and that a collapse was imminent. The whales that were pushing the price up are out of the coin
Those who still think that the coin will recover soon, should open their eyes to reality. The value of the coin has fallen significantly, and the decline may extend for a longer period. Even if some speculators try to stay with a little hope, the whales that have left the game will not return soon, and the market is now saturated with news.