They just flushed out the longs. They’ll run it backup now and likely set new highs soon. Just look at the fractal from 2017. Same play.
XRP likely to end up somewhere between $10 USD and $20 USD. It’s the Wild West until it’s regulated.
I started a memecoin on xrp with $750 USD liquidity and it ran up to 3.9 million USD market cap and 330k liquidity in less than 2 months. These corrections are nothing when you’ve been in the game a while. There’s nothing shocking about it.
As much as everyone thinks crypto is a joke, the governments are clearly prepping for actual uses case.
Hedera is running the Aud digital dollar, Australia is testing Cross border payments with Ripple. At some point, everyone will wish the loaded up. Once they start tokenising RWA it’s going to get very interesting.
It will be regulated the volatility will back off. These insane gains won’t be possible. It’ll get boring. I like gold and silver though as the roller coasters are much more gradual.
Buy you really should all have some crypto exposure, just incase. Especially before it gets boring Dyor
SPR Price at posting:
$1.32 Sentiment: Hold Disclosure: Held
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