/biz/ - Business & Finance

INSIDER HERE

GET READY FOR RIPPLE XRP ABSOLUTELY MOONING

THIS IS NOT A DRILL

PREPARE PREPARE PREPARE

XRP (Ripple) Soon

A little blue birdie told me that in aproximately two weeks we might see some interesting developments regarding Ripple XRP vs the SEC lawsuit and coinbase is maybe a little bit involved or not haha we'll see.

I will

Insider here. HUGE HUGE HUGE NEWS XRP just got clarity. It's gonna happen soon.

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What a timing.

All according to schedule.

The plan has been there all along.

Soon the Phoenix will rise from the ashes

I'm just gonna leave this here

>>53548570

GUYS GUYS GUYS

XRP insider here: February 7th 2023. Take note of this date.

Insider here, get ready. XRP Ripple SEC lawsuit

So now that the Ripple vs SEC case is pretty much over, XRP is gonna get relisted right? Can Americans finally buy it too?

SWIFT moves around $5 trillion dollars per day. $5 trillion divided by 100 billion XRP = $50 dollars per XRP, and this is assuming that SWIFT owned all the supply.

XRP will handle much more than SWIFT; it will eliminate the need for nostro accounts (worth $27 trillion), tap into the $2.7 quadrillion global transfer market, as well as interact with other blockchains and technologies. In other words, if XRP’s price was low, it wouldn’t be able to handle the trillions/quadrillions within its 100 billion coins.

XRP will likely be pegged to precious metals and/or a basket of assets to make the price even more stable and liquid over time, likely by governments, central banks, and institutions like the IMF.

Market cap is the multiplication of last trading price x circulating supply.

In other words, someone could create a coin with a 100 billion supply and buy a few of the coins for $11 dollars and its market cap would exceed a trillion dollars. Does this mean that a trillion dollars have been pumped into the coin? No, not even a hundred dollars, yet its market cap is over a trillion. This simple example illustrates how naïve market cap discussions are when it comes to crypto.

XRP’s price will be determined by utility, not by market cap. For example, SWIFT moves around $5 trillion dollars per day. $5 trillion divided by 100 billion XRP = $50 dollars per coin, and this is assuming that SWIFT owned all the supply. XRP is going after more than just SWIFT, it is going after a $2.7+ quadrillion market.

xrp