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[David 'JoelKatz' Schwartz @JoelKatz]

I see a lot of people using the term "rug" in contexts where I wouldn't use the term. Here's what I understand constitutes a "rug":

1) When the founders, devs, or very major players in a token or project sell larger amounts or sell more quickly than people were reasonably led to expect.

2) When the founders or deves show dramatically less committment, effectively abandoning, a project long before delivering things people were reasonably led to excpect them to deliver.

Is this what other people mean by a rug pull or being rugged? Am I missing something?

[Peter Schiff @PeterSchiff]

First, #Trump launched $TRUMP; now Melania has launched her own coin. I assume that soon the rest of the Trump family will be launching their coins. At least it's all above board, which is an improvement over how the #Biden family cashed in.

[Peter Schiff @PeterSchiff]

It took #Bitcoin 8 years to reach a $72 billion market cap. $TRUMP did it in two days. $TRUMP is worth 50% more than $NEM, the world's largest #gold mining company. It's up 40K% since Friday. It's clearly a much better store of value than Bitcoin. $TRUMP is the new digital gold.

[Cointelegraph @Cointelegraph]

🚨 JUST IN: Trump’s World Liberty Financial multi-signature address bought WorldLiberty.eth, trumpcoin.eth, erictrump.eth and barrontrump.eth ENS domain names in the last 24 hours.

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[Dom @traderview2]

(2/2)

Above is a chart of XRP denominated in Tesla

Price is trying to fully clear the largest resistance of the last 5 years

Above is a chart the most important one, XRP/USD

XRP is battling the most important resistance over the last 7 years, its ATH...

This is of course, a MASSIVE level to overcome

Fully breaking this puts XRP is price discovery

So we can now see how this is by far the most important level XRP has faced in history?

There is too much confluence to deny it

Simply put, when XRP fully clears all the level, I think the leg that will print be the most powerful one ever seen

All charts point to massive gaps after where a 100% move seems very feasible...

Now for the short term:

Taking all this into consideration, realizing the importance of the level we are trying to break, there is a chance we consolidate up here and cool off after this fierce 40% pump. It would be healthy. Never a guarantee, but it makes sense

Looking at the orderbook, we can see some larger sell walls have been reached on Binance spot

Around 10M XRP needs cleared to get us to $3.30

So again, cooling off here up to the inauguration would make sense

$BTC has sent it up very strong over the last few days and has reached a very important level (100K) and there is good chance we put in a higher low before the inauguration. If that happens, XRP should follow suit.

The market can use a cool off and it would be much better going into the inauguration if we saw that..

Just don't be surprised if we do see it, better under promise and over deliver your expectations 🫡

Thanks for reading 🤝