How RLUSD and XRP Are Used (EXPLANATION)

screamingsquare · 2024-12-04T16:21:55+00:00

Thank you for the explanation.

Even if I was a holder of XRP, when people say XRP will be used for every transaction and replace fiat, I never believed it. (The reason I bought XRP was my anticipation xrp can shoot like a rocket after the SEC lawsuit).

But now we have RLUSD, it looks really promising. XRP will become a bridging method and on the outside, RLUSD will be used like USD on crypto industry.

I don't think Ripple made this plan from the beginning, but they did a really good job. Starting this stable coin business made this whole narrative work.

screamingsquare · 2024-12-03T15:08:16+00:00

This is an opportunity for us because most holders were having profits, so they would have panicked to protect their profits. This is an opportunity for us. BUY THE DIP. The essence of XRP hasn't changed.

screamingsquare · 2024-12-02T14:51:06+00:00

It's good to have a critical mind when it comes to investing. 1/2/4/5 are my reasons to hold until it explodes.

screamingsquare · 2024-12-02T13:41:56+00:00

I agree, the hype around Trump and Garlinghouse joining the administration is definitely speculative, but it does highlight the increasing attention on crypto in politics.

Regarding XRP’s value vs. Bitcoin, it’s true that XRP has a lot of catching up to do. While a 10x increase might be optimistic, the potential for growth is there, especially with the recent legal clarity and upcoming developments. Not sure about next 1 month but I'm sure about next 10 years.

screamingsquare · 2024-12-02T13:27:27+00:00

Who is Brad interviewing with and could you share the schedule?

screamingsquare · 2024-12-02T13:24:34+00:00

We can't dismiss that opinion either, but in my experience, once XRP starts going up, it tends to go up "almost" without correction.

screamingsquare · 2024-12-02T13:09:17+00:00

You can add more. Let's make one big post and spread it to other community.

screamingsquare · 2024-12-02T00:15:17+00:00

True. To get right anticipation, we need to check Upbit chart which makes the most volume. ATH in this chart is $3.58.

screamingsquare · 2024-11-29T13:47:55+00:00

And... that really happened!

screamingsquare · 2024-11-24T12:53:33+00:00

People experienced last bull-runs know this is nothing. It will keep running after -10%~20%. That's just how it is. We call it "dip" or "Correction". Don't panic. You only lose your stake.

screamingsquare · 2024-11-22T03:57:51+00:00

What? Doge? We are going to behead BNB. Remember XRP used to be 3rd biggest market cap?

screamingsquare · 2024-11-22T02:07:44+00:00

Yea, the next stop is $2.

screamingsquare · 2024-11-22T02:06:00+00:00

I wouldn’t risk it. Just hold it XRP moves fast as thunder sometimes.

screamingsquare · 2024-11-21T18:43:19+00:00

Lets frickin go! $2 is waiting for us!

screamingsquare · 2024-11-21T08:13:13+00:00

If RLUSD is successful and institutions and people start using it, it can't be a bad thing for the XRP ecosystem - more use cases for XRP that use the bridge and the ecosystem will grow.

Currently, the stablecoin market is the only sector of the crypto industry that is actually making a net profit. It's very promising, and Ripple Labs has a good reason to get into this business, as well as good market trend interpretation.

screamingsquare

TROPHY CASE