I don't understand why people can't see a high price for #XRP?
Big influencers doubt, former #Ripple employees doubt. I don't understand what's going on! But I'm not here to follow what others say, I'm here to understand what #Ripple is doing, I'm here to understand why #XRP is necessary. If we follow people, we'll never be able to see the true potential of #XRP and why it was created!
- #XRP is deflationary = 25k #XRP burns per day. The more transactions increase, the more #XRP will burn. So over time, #XRP will become rarer and rarer, and its demand will grow.
- #XRP will be used in liquidity pools to provide liquidity for tokenized and other assets...(AMM). The more liquidity #XRP provides, the greater its demand. (Institutional DeFi). The more demand there is for #XRP in this specific case, the more its price will appreciate.
- #XRP will eliminate pre-financing. Banks will use #XRP (ODL) to unlock dormant capital. So the more demand there is for #XRP in this specific case, the more its price will appreciate.
- #XRP eliminates friction. Thanks to #XRP, banks can save up to 90% in fees on cross-border payments and settlements. So demand for #XRP for this specific case will grow. So the more demand there is for #XRP in this specific case, the more its price will appreciate.
#XRP will create liquidity, move liquidity and unlock liquidity. There is less than 100 billion of #XRP. To meet these needs, #XRP must have a high price, otherwise there won't be enough #XRP, so #XRP is a failure.
#Ripple's best product is #XRP. #Ripple has to do everything to adopt #XRP and that's why we see a whole ecosystem created by #Ripple for #XRP to be used.
And more...
Supply and demand are important to understand and in today's banking system all the solutions that #XRP offers are indispensable and necessary for a better banking system. So long-term demand will be incredible for #XRP.
People confuse the legal case with the usefulness of #XRP, which has been proven by many companies. People mix up BRICS+ with the usefulness of #XRP as if #XRP is only for one continent or one country. #XRP is a decentralized universal tool that any group like BRICS+ can use.
The short-term vision doesn't work on #XRP. because #XRP affects the whole world, so it's going to take time. but only with speculation and only with the new easing cycle coming up, not to mention #XRP's own fundamentals, will we hit incredible prices that nobody sees coming right now. So imagine with utility, adoption and real demand!
#XRP means liquiditry = #XRP needs to be extremely liquid to be adopted! Deal with it lol
It saddens me to see influencers with lots of followers talking about $5 or $10 for #XRP. It saddens me to see people investing in #XRP without knowing the price of #XRP. It's sad, but that's life!
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