Why XRP Might Just Be Your Best Friend in 2024! 🤔💸

by

Why XRP Might Just Be Your Best Friend in 2024! 🤔💸

  • XRP’s got its backbone tested. It’s like a bad relationship—will it break or hold? Meanwhile, we’re all just watching.
  • The big whales are stocking up—like hoarding toilet paper during a pandemic. All-time high addresses, folks! Are they onto something?

If there’s one coin that’s making patience look like a hero—here it is. Ripple [XRP].

A month in, and it’s still down about 4%. Perfect. It’s like a bad sitcom rerun—loops without resolution, teasing bulls and bears alike. Oh, the drama! 🎭

You’d think by now, someone would call it quits. XRP’s been trying to break through the $2 support level—three times! Usually, if you do something thrice, it’s a sign—either you succeed or you embarrass yourself. Spoiler: it’s looking like a crack in the dam.

So technically? Yeah, downside risk is lurking. Nice, huh?

But here’s the twist—no panic-selling. Nope. The whales, those long-term folks—they’re sitting tight. Like my Aunt Irene during a thunderstorm—waiting calmly, knowing something’s up. Blind faith? Or some secret sauce brewing? Who knows! 🤷‍♂️

XRP’s Still and Silent – Like the Cousin Who’s Just Watching

Look at XRP’s daily chart. It’s basically as lively as a library. Quiet. Very quiet.

Meanwhile, Bitcoin [BTC] is out there doing its rocket thing—going from $76k to nearly double! And XRP? Just chilling. Range-bound. Like it’s waiting for the right moment. No fireworks. Ho-hum.

Contrast that with the last cycle, where BTC’s explosion made XRP go parabolic—up 500%, peaking at $3.54. Remember that? 99.8% of the supply in profit. That was excitement. This time? It’s more like watching paint dry—but with strategic intent.

Fast-forward. Now, the profits have retraced to about 80%. Not bad. Not great. Just enough to keep the FOMO alive. People are thinking, “Yeah, maybe.”

Unrealized gains? Keep the FOMO bubble floating. We’re waiting, folks. That sideways slide? It’s just a nap, not a napalm attack. Patience, patience.

Market’s Acting Like It’s Calm—But It’s Playing Chess, Not Checkers

On the surface, XRP’s lagging behind. But scratch that. The real story? It’s laying low, building a fortress. Supply is concentrated—like a well-organized hoarders’ convention.

About 95% of XRP is in just two wallets. Think of them as the cool kids’ table—controlling the game. Over 85% held by addresses with over 100,000 XRP. Mid-sized bags? About 11%.

And get this—more wallets holding 10,000+ XRP hit an all-time high. From 285,000 to 303,000 in six months! These are the strong hands, folks. Locking down the supply, while the weak hands get flushed out.

See? While everyone’s chasing the shiny new coins, XRP’s playing the long game—quiet, steady, strategic. Like a chess master. Meanwhile, Solana [SOL] is throwing parties but looks like it’s running out of balloons. Support zones breaking, hype fading. Not sustainable.

So yeah, XRP’s not rushing—no need. It’s moving smart, taking its sweet time. And that, my friends, might just be the secret to winning the long game. 🏆

Read More

2025-06-08 15:09