Lets look at XRP in layman's terms
I have been involved in the Cyrpto space since 2017 after hearing from a friend about blockchain and especially a coin called XRP. "Its the future of banking" he said and I should invest in it and reap the rewards later. So i decided to do my own research and was mightily impressed by the store of value this coin had compared to the rest . Based on these fundamentals I decided to purchase XRP which at that point was sitting at 0.05c .
Thus began a long a frustrating battle with my love/hate relationship of XRP. At the end of 2017 imagine the excitement when this coin shot up to $3 and i was in a state of euphoria thinking very soon I will be a rich man. This pump was due to rumours that Coinbase was listing XRP and everyone went into FOMO, but alas the rumours were false and the bubble burst (all the way down to 0.30c), then in 2018 we started the uptrend again only for R3 Corda to sue Ripple and again pop went the balloon! then 2020 and covid! Then things started to pick up in the cyrpto space and we went up to $2 , we were already listed with Binance and things were looking up again but then the tragic news hit! SEC brought the a case against Ripple claiming XRP was a security! The XRP dream seemed like it was over and many pulled out but somewhere deep down I trusted the fundamentals of this coin, I trusted the development and marketing team behind Ripple and I trusted that XRP is here to stay and will be the future of finance in the DEFI and Blockchain space.
Fastrack to today, Donald Trump wins the US presidential elections. Trump endorses Cyrpto. Trump speaks about zero capital gains tax of US Cyrpto companies. Trump holds meetings with XRP, Cardano CEO's to consult about the expansion plan. Ripples RLUSD to launch soon!The man responsible for supressing XRP and Ethereum Gary Gensler (SEC Chair) will soon be out and will be replaced by a cyrpto friendly chair! Japans SBI bank chair cant wait for the case against Ripple to settle so that they can start implementing XRP ! US Banks can now go ahead with confidence to adopt XRP as a settlement tool with SWIFT. Ripple plans an IPO as soon as the case with the SEC is over!
Ladies and Gents, THIS TIME IS DIFFERENT!! The fundamentals are there for all to see! Love it or hate it, you cant stop this train!
