Fun fact: In the last wave of the bull market where $SOL was the second dragon, the market cap of $XRP once surpassed that of $ETH. In this wave of the bull market where $ETH's increase outpaced $BTC, $XRP's market cap also exceeded that of $ETH. This indicates that: In any single-sided upward surge, $XRP will briefly become the second dragon, and its increase will surpass that of $ETH. However, 99% of people will overlook it. This is also the only top 5 market cap coin that has few participants from our country. That's fine. You play with your $ETH and $SOL, I'll stick with Ripple and not compete with you. We all have a bright future.
As the only XRP leader in the Chinese cryptocurrency community, my views on XRP are roughly as follows: 1. The narrative of XRP is very focused: cross-border payments. Unlike public chains and other narratives that emphasize "narrative extensibility," which can continuously leverage various new narratives and benefits to empower their tokens, XRP's narrative is: cross-border payments. This is the most original and essential function of cryptocurrency. In the deep bear market of 2019, my colleagues at Wall Street Insight traveled to the U.S. to interview the owner of XRP, and they were genuinely promoting XRP payments globally. A friend of mine in Thailand was involved in gray market activities, and XRP was the first cryptocurrency to approach them, requesting support for their website. Earlier this year, while traveling in New Zealand, I saw a cryptocurrency exchange machine at a remote gas station, which only had 5 currencies: BTC, ETH, XRP, DOGE, LTC. This means that since 2017, XRP has almost penetrated into every corner related to payments. A simple narrative, extreme promotion. 2. The K-line of XRP is very simple. Even if you are a trading novice, you can grasp it well. XRP usually undergoes long periods of consolidation followed by short, rapid surges, continuously raising the coin price in a stepwise manner. This is the method traditional quality companies use to raise K-line prices during long-term development. The essence of trading is: finding mispriced odds in the market. According to the XHUNT plugin, only four KOLs in the entire Chinese community follow the official XRP Twitter. They are me, @qiqileyuan, @shuchu101, and @joakja. There is no XRP community in the entire Chinese area; I am the only one calling for XRP. Their Chinese CX slogan was written by me in 2017 and has since disappeared. In fact, almost all traders in the Chinese area have ignored this. Meanwhile, in the U.S. and South Korea, it is being promoted vigorously, and almost everyone knows about it. Even when ETH and XRP surged simultaneously, XRP's rise was simple and rapid, even higher than ETH, yet everyone's attention was still focused on ETH. It's simple: ETH has trapped too many people. What else could be mispriced odds? 3. The three narratives from the U.S. side are: RWA, compliance, and coin-stock. A fun fact: XRP was the first cryptocurrency to be severely cracked down on by the U.S. government, and the second was Tether (USDT). This statement can be rephrased as: XRP is the first cryptocurrency to be forced to pursue a compliance route. Its compliance progress is definitely among the top three. Since the end of 2023, I have been waiting for XRP's compliance approval. At that time, I waited for 2 months with @thecryptoskanda for XRP's approval, but ultimately did not receive it. The coin-stock narrative is also absolutely at the forefront. In a rarely noticed corner, there is a U.S. stock called VVPR. On June 11, they announced a $100 million acquisition of XRP tokens, priced at $2.12 at that time. Let me mention another little-known event: RWA and stablecoins. XRP is also leveraging its cross-border payment advantages to promote its stablecoin solutions vigorously. It is precisely because of the extremely penetrative payment channels that it is suitable for promoting stablecoins, allowing its stablecoin solutions to stand out. Now, XRP has captured all the narratives it can. Does its height justify its market value?! In the 2017-18 market, a large number of projects with extremely high FDV and broad circulation emerged in the cryptocurrency space. If these projects undergo long periods of consolidation and accumulation, they all have the opportunity to unite with the stock market for a second spring in this bull market. Everyone can pay attention to this. Finally, a friend sent me a video the day before yesterday. He visited the Federal Reserve, a sacred place for every trader, and on the wall opposite, there was an advertisement for XRP. @XRP_Alerts @bgarlinghouse Your one and only Chinese fan sends you the most sincere blessings. Let’s restore the great glory of cryptocurrency!
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