@ifaus87 and shrinks float. XRP is designed as a bridge asset: fast, cheap, high-turnover, with fees burned rather than paid to holders — usage doesn't feed back into price the same way.
@ifaus87 "Fair distinction to draw, but worth being precise about what actually differs. Supply (14.6M vs 100B) isn't the core difference — it's what each supply is for. QNT is licensing/access: enterprises buy and lock QNT to use Overledger, so usage mechanically creates demand
@lisasamxxm1 That would only be the case if you saved $100 a day, and I’m pretty sure the avg person realistically could only afford $10 or less per day.
@XrpUdate Yeah I’m still seeing a lower $0.95US target on my daily analysis. I don’t expect much to happen until global macro economics from an international need for XRP which I feel they are kicking the can as far down the road as possible.
@Bitforcoinz XRP needs something to be liquid for. Bonds, stocks, treasuries, currencies. How much has been tokenised so far for it to be the bridge asset for? DTCC won’t be fully tokenised till at least October.
@Ripple_Mino I’m sure we will see a further downside in crypto and other asset areas before the year is out.
Thinking like a trader is watching charts for price movement. Thinking like an investor is not being able to remember your password to your account.
@Ripple_Mino Adoption and Utility, at the moment there is not enough liquidity demand for XRP. It n fact even the DTCC can’t really use it at the moment because the price is to low to provide the liquidity to settle payments.
@Steph_iscrypto This post shows a heavily edited chart screenshot falsely claiming $XLM surged over $27 with a 100x candle on Binance; the actual current price is around $0.17.
@boyle46373@Steph_iscrypto Price movement would have been too quick to fill an order. Same happens on FX during high volatility orders are not guaranteed.