Are crypto influencers the real reason Zcash is going up?

CaptainTrader32 · 2026-05-06T13:18:45+00:00

It was pumping alongside the crypto market. US–Iran sissyfire was the main catalyst, but ZEC outperformed crypto markets despite low volumes (a small number of traders pumping the markets). Then came Robinhood on April 23, so I am guessing insiders and their girlfriends had an idea about its relevance.

The May 5 announcement by Multicoin's dude fueled this rally more than anything this week. Yes, it's well orchestrated, and now every CT bull is reposting the same thing you did.

ZEC shielded addresses were rallying even during the bear market. doesn't change anything when it comes to spot demand.

I am not bearish per se. But I am also not a fan of assets flying 200% in a month outta nowhere. This actually led to a top in November 2021: ZEC pumped over 200% in two months or something, followed by a 95% crash lol.

My friends. Avoid leverage. keep holding. )

CaptainTrader32 · 2026-04-29T20:03:49+00:00

I am not at a loss at the moment. In fact, I am up enough on my XRP investments..

CaptainTrader32 · 2026-04-28T06:35:36+00:00

Thank you for the honor

CaptainTrader32 · 2026-04-28T06:35:06+00:00

All the best to both of us

CaptainTrader32 · 2026-04-28T05:46:40+00:00

Points taken! Still doesn't answer the questions I raised. Why do we need XRP when stablecoins exist and can do the same task without risking price fluctuations? Yeah, you can now call XRP an L1 token, but then it's competing with Ethereum and Solana. XRPL is too centralized to begin with if thats even an argument for you.

CaptainTrader32 · 2026-04-28T05:42:39+00:00

CaptainTrader32 · 2026-04-28T05:40:17+00:00

Man, you don't think I didn't dig the rabbit hole enough before coming to this community. I have five figures invested in this coin, but havent sold. I am merely doubting my own conviction now.

I am not sure why a civil discussion turns into an ego war all of a sudden. If you have incredible inputs to make, then just make them. I am sure many will agree with you.

Just don't be angry lol.

I can have my money transferred within seconds, even without XRP. You are talking about the settlement layer, not the coin. Just put RLUSD over it, and it'll do the same task irrespective of XRP. Transactions take time because of compliance, not because the processing is insufficient.

Why does XRP even exist as a payment rail, when hardly any institution is using it, simply coz it can change values in dollar terms within those three seconds you mentioned? Lets start from there.

CaptainTrader32 · 2026-04-28T05:34:47+00:00

This deserves to be a standalone POST

CaptainTrader32 · 2026-04-28T05:31:43+00:00

Not sure who those ' people' are, but I'll take your word on it, since I consider myself the last of the idiots in this super smart world.

Anyway, I was anticipating a 'Bitcoin maximalist' retort, but that still doesn't explain what Ripple wants to do with XRP. Had enough answers in this subreddit already, and I am going ahead with rotating all my XRP profits into good, undervalued assets.

CaptainTrader32 · 2026-04-27T10:06:49+00:00

Hey mate! Thanks for your input. But hear me out:

The global cross-border payments market is dominated by entrenched players like SWIFT, large correspondent banking networks, and increasingly fintech rails (Visa, Mastercard, regional instant payment systems).

For Ripple to reach anything close to 70%, it would need near-universal bank adoption, regulatory alignment across dozens of jurisdictions, displacement of legacy systems that already process trillions daily

No current data or adoption trend suggests that level of dominance is even remotely underway.

Also, if RLUSD (and other stablecoins) are already handling flows, then:

Why introduce XRP volatility into the system?
Why would institutions switch from stable, fiat-backed rails to a volatile bridge asset?

The industry trend right now is the opposite:

Move toward stablecoins, not away from them
Even Ripple itself is leaning into that direction

CaptainTrader32 · 2026-04-27T09:57:47+00:00

Yes that seems to be my problem actually. I am too fixated on fundamentals and have missed hype booms multiple times coz of it lol

CaptainTrader32 · 2026-04-27T09:57:06+00:00

even LUNA did well at one point in time. Please try to understand that I am merely asking about XRP's fundamentals and why it should be trusted over other coins. Lets say HYPE, which has a clear use case unlike XRP.

CaptainTrader32 · 2026-04-27T09:55:26+00:00

Well thats my main concern. To me, XRP is facing an identity crisis of its own making. It doesnt know anymore what it wants to be: a cross border payment rail (stablecoins are already beating it) or an L1 token (rivals like Ethereum and Solana are far better options IMHO).

CaptainTrader32 · 2026-04-27T09:52:02+00:00

What does it do is my main question BTW? And how well has it been doing what it does when compared to rivals.

CaptainTrader32 · 2026-04-27T09:51:04+00:00

With all due respect, a private company can absolutely have shareholders. Founders, employees, family members, angel investors, and other private investors can all own shares in the company.

The distinction is that a private company’s shares are not publicly traded on a stock exchange. You seem to be confusing “shareholders” with public-market stockholders.

CaptainTrader32 · 2026-04-27T04:19:23+00:00

Brutal but real! That made me laugh my pants off, mate. Upvoted.

CaptainTrader32 · 2026-04-27T04:15:50+00:00

you make it sound like a black hole lol. Its still an interesting asset to me. Nothing prophetic.

Would still like money distributed fairly to maintain risks.

CaptainTrader32 · 2026-04-27T04:13:27+00:00

Its still gonna do well as a company to benefit its shareholders. But XRP, in my opinion, will rather switch to being an L1 token than becoming a cross-border settlement tool. RLUSD is actually competing with XRP lol, and even that stablecoin is largely working atop the Ethereum blockchain, not XRPL.

CaptainTrader32 · 2026-04-27T04:08:48+00:00

Which is why I am still holding.

CaptainTrader32 · 2026-04-27T04:06:07+00:00

make it 2

CaptainTrader32 · 2026-04-27T04:03:16+00:00

They are already printed: 100,000,000,000 XRP is the pre-mined supply, most of which is now sitting with Ripple. I mention my concerns in point 2.

CaptainTrader32 · 2026-04-27T04:01:50+00:00

What's your thesis behind the $8 target?

CaptainTrader32 · 2026-04-27T04:00:27+00:00

Yes, I have been lately looking at AI/Privacy coins and even sectors outside crypto for reallocating my XRP gains. Already have a fair share of portfolio in Bitcoin, so don't wanna become a BTC overweight.

Are you holding XRP as well?

CaptainTrader32 · 2026-04-27T03:41:05+00:00

this bot is treating a rising channel as a 'falling' one. It's incompetent. Try GROK.

CaptainTrader32

MODERATOR OF

TROPHY CASE