@cryptopsycho813
@perryjp
The best thing you can do is your own research. Donโt just believe me or anyone on Twitter. There are lots of resources available, you donโt need to be a dev to understand them all.
Itโs your money, you really should do the proper due diligence. There is a lot you will uncover.
Just to be clear,
#XRP
did not "glitch" to $50 on Gemini. There was no liquidity (still is very little) and someone bought an entire 0.60 of XRP for $50 per coin. It is back to fair market value of $0.63.
Congrats to whoever got to sell that 0.60 XRP at $50!!
Told you, Ripple's business is all just selling
#XRP
still.
"The financial statements also confirm that XRP sales remain nearly all of Rippleโs total
revenues through 2023."
The SEC has concluded its investigation into Ethereum 2.0 & Consensys and will not be taking enforcement action.
Plus the ETH ETF will begin trading soon.
So much for
#ETHGate
Ripple Labs, Inc. is permanently restrained and enjoined from violating Section 5 of the Securities Act.
i.e. they cannot sell XRP to institutions any longer.
I have to admit, I am surprised.
I called for the
#XRPL
AMM to have low usage but wow, this thing is basically dead on arrival.
Not only did institutions not show up, retail didn't either. Couldn't even come near $1 million in liquidity. SAD....
#XRP
continues its epic fall versus
#bitcoin
and has now reached levels not seen in over 3 years. ๐ง
Magically, all the โtradersโ who were calling for a reversal on this chart for months have disappeared. ๐ช
Jed McCaleb just cashed in $71 million of USD IOUs with Bitstamp. ๐คฏ
The liquidity of the Bitstamp USD on the
#XRPL
has dropped 90%+ to only $7,865,226.
#XRP
#XRPCommunity
Remember- todayโs ruling cleared the way for Ripple to sell XRP on exchanges again and they still have ~50 billion still. And as we learned from the case, they need to sell XRP to cover their expenses, not mention the very large fine they will need to pay.
Enjoy the show ๐
As predicted, the
#XRPL
AMM has been a HUGE flop. Last week we only saw 1.4K in fees collected and already are seeing net outflows from the pools, as 111K was removed. ๐ฅ
Less than 8m
#XRP
total value has been locked in the pools. ๐คฏ
#XRP
just had its 12th RED weekly candle close against
#bitcoin
and is working on the 13th.
From what I can tell, this is the first time in its history that this has happened.
Could XRP be decoupling from BTC?
People need to start asking why
@Bitboy_Crypto
is so interested in FTX.
Iโll tell you why. He used to have a relationship with them and was paid to sponsor them. See below
Iโm also being told Bitboy was their Meth connect and Sam owes him money.
It is all starting to add up.
First the
#XRP
buyback was $35,000, then $50,000, then $122,580. Now we are over $500,000 US dollars ladies and gentlemen.
All the while, XRP still trades at $0.40โฆ these people are nuts ๐ฅ
Since everyone likes to compare Stellar (
#XLM
) to Ripple (
#XRP
) here are the two largest Stellar DEXs on their first day.
StellarX 23.6m and LumenSwap 8.16m
Compared to all
#XRPL
DEX volume of 1.35m on the first day.
WOW ๐คฏ๐คฏ๐คฏ
What the
#XRP
influencers aren't telling you about the BRICS document they keep circulating
It was determined that a Smart Contact platform would be required. The XRPL does NOT have smart contracts, so it can't be used
They mainly talk about a private chain +Ethereum &Chainlink
Had a busy day today and came back to Twitter to hundreds of people tagging me about XRP price action.
I immediately opened TradingView expecting to see XRP at $589 with the amount of euphoria flying around but instead saw this...
What is that, a pump for ants?
๐จ Breaking news ๐จ
589
#XRP
holders cancelled their yacht pre-orders this morning after yesterdayโs FedNow launch and moon day was a big disappointment.
The fix to the major XRPL AMM bug will be activated in a little less than 14 days.
The fix already has consensus since Ripple developers shipped it with a default YES vote.
Was it tested properly? Who knows, but YOLO!
RIP Liquidity Hub
You werenโt very liquid, nor did you support
#XRP
, weโre not even sure you were a hubโฆ. But this was the right logo. Rest in Peace my friend ๐ชฆ
As predicted, the XRP/Ripple case would be a split ruling and the Judge would not rule on
#XRP
secondary sales and parts of the case will go to trial.
The majority of
#XRP
sales by Ripple were Uninterested security sales and the secondary market for
#XRP
is still in limbo.
Fuck it all
Fuck it all
Don't give give a shit anymore
Fuck it all
Fuck it all
Flip the tables, screw you all
I don't take this bullshit anymore
I don't give a fuuuuuuuuuuuuuk
ScamDaddy out, see you on the flip side.
A lot of people are still claiming Ripple can still use XRP for ODL transactions in the US. This is MISINFORMATION.
Judge Torres issued an injunction against Ripple for their Section 5 violations, which was for institutional sales.
What was included in those sales?
ODL was ๐
๐๏ธBreaking News ๐๏ธ
Judge Torres DENIED Ripples motion to seal references linking Ripple's Revenues with XRP sales & the amount of compensation Ripple paid to list XRP on exchanges.
However, they did GRANT Ripple's request to hide information about their recent financials & ODL.
Over 1,000 views later and the only rebuttal the
#XRP
army has is โOMG hE HaS a maSK oN, hE MuSt Be AN iDiOTโ.
The mask is worn to retain some anonymity. That shouldnโt stop anyone from attacking the facts, not the person.
"The goal is to drive
#XRP
speculation trading volume"
Influencer engagement
4. Spark speculation about potential partnerships.
Congratulations - you were played.
#Bitcoin
is the slowest blockchain on earth. Always has been.
It has also always been the
#1
coin.
There have been faster blockchains for 13 years. None have taken the first spot.
Go study why this is, donโt stop until you find it. The sooner you realize why, the better.
There are no RWA tokenized on the XRPL like there are on other chains.
There are no XRP ETF applications.
There is no Ripple IPO.
There are no U.S. banks using XRP.
END.
I still believe $XRP is the coin with the highest potential for this bull run. I won't be shaken.
Do you not understand how tied in
@Ripple
is to the RWA narrative? That's just an added bonus on top of:
-End of SEC Case for real
-XRP ETF apps
-Ripple IPO
-US Banks Coming
The one thing I have to give the
#XRP
community is they are willing to debate on Spaces with me.
The
#HEX
community just throws me off stage once I ask 1 or 2 pointed questions. Itโs is very telling.
Wow the whole Ripple space on
#XRP
AMM was under 40 minutes (with introductions) and blew through the issue in 30 seconds. NO questions allowed, all scripted.
Why am I not surprised? SAD.
If you have any doubt who created
#XRP
just watch this video of the former
@Ripple
Labs CEO & current Executive Chairman of the Board, Chris Larson.
The video also explains why people sometimes call XRP Ripple. Because that used to be the name & the company was named OpenCoin.
People are sleeping on how big the Axelar bridge will be for the XRPL.
The Axelar blockchain bridges 60+ blockchains. This will allow the XRPL to finally be bridged to something after 2 other failed attempts.
XRP can finally bridge all the money through the bridge AXL ๐งต ๐๐ป
What
@xrpmickle
wonโt tell you (or likely doesnโt know) the large majority (~75%) of
#XRP
โtransactionsโ arenโt moving any value at all. They are constant Offers and Offer Cancels on the DEX by bots.
Actual Payment Transactions are much lower than on
#bitcoin
.