🧟♀️$XRP a zombie coin🧟♂️ 8 years of smoke? (Short but interesting😉)
🤔Why did XRP stagnate while BTC and others kept rising? The harsh technical reality:
📌Its utility is also its own curse: Designed to be ultra-fast, banks use it to move billions in seconds... without holding it. Without retention, why would they need to hold something they are going to use for just 5 seconds? This creates zero buying pressure.
📌Ripple launches RLUSD (a shot in its own foot): Ripple's stablecoin offers stability for cross-border payments due to its 1-1 parity with the dollar. Why hold to use a volatile XRP if Ripple itself offers me a stable version? Does that make sense to you?
📌Token release anchor: XRP releases approximately 1B tokens monthly; this enormous constant inflation acts as a fire extinguisher for any bullish rally.
So XRP... An eternal zombie? 🔥🧟♂️
if anyone finds logic in the behavior of the creators of $XRP explain it to me 🙂
#Xrp🔥🔥
🤔Why did XRP stagnate while BTC and others kept rising? The harsh technical reality:
📌Its utility is also its own curse: Designed to be ultra-fast, banks use it to move billions in seconds... without holding it. Without retention, why would they need to hold something they are going to use for just 5 seconds? This creates zero buying pressure.
📌Ripple launches RLUSD (a shot in its own foot): Ripple's stablecoin offers stability for cross-border payments due to its 1-1 parity with the dollar. Why hold to use a volatile XRP if Ripple itself offers me a stable version? Does that make sense to you?
📌Token release anchor: XRP releases approximately 1B tokens monthly; this enormous constant inflation acts as a fire extinguisher for any bullish rally.
So XRP... An eternal zombie? 🔥🧟♂️
if anyone finds logic in the behavior of the creators of $XRP explain it to me 🙂
#Xrp🔥🔥