Photo of some heavy morning clouds with the Sun trying to peep through but the clouds won this time around, it was grey all day.
The sentiment now for XRP is so high that now even with Bitcoin taking a breather, XRP is currently appreciates in value and due to the different and rather improved sentiment to Bitcoin itself being bought by big institutions including nation states, that extra push of its power to draw up XRP makes this once hated digital asset to be picked by many people small and big and institutions plus ETF which is impacting its value.
Now XRP is aimed to reach its all time high price of over three dollars per coin and in my personal opinion it will not be long until it reaches it because of its fast pace with regards to its price action even though BTC is still not pumping past the 100K mark. So it remains to be seen if XRP will reach and smash its all-time high this time around that the US government is in support of cryptocurrencies and its technologies.
Indeed the sentiment for USA crypto companies is positive and what I mean by that is that Ripple the company and Cardano along with HBAR as well as those in the future which will make crypto start-ups in the US as well as USA-based exchanges will not be somewhat "stifled" with what they want to do in their respective fields of service with regards to contributing to the world of crypto in many ways more than one this time because it is really different this time for the reason of Pres. Donald Trump's support to the crypto industry. That is a long sentence but you get the message and the ascension of the value of BTC will prove it in the succeeding months and possibly years.
Meanwhile as XRP is used by the RLUSD, XRP tokens will be burned in the process. The thing is that we do not really know how this will pay-out except the fact that if the supply of XRP gets less and less over time and considering that money is being send back and forth using RLUSD, it will accelerate the burning process and thereby contributing to XRPs value as time goes by because of course XRP will get scarce in the future. I am assuming that by the time that XRP had reached over ten dollars or so, most of its holders had sold. It is a thing to be thinking about because we do not know how the future holds in many things in our lives. But with regards to the future value of XRP, I can now likened it to BTC where its benefits will only be enjoyed much more if you just hold for years and years especially if you really understand how its fundamentals really will work and it will start in just a few days from the time of this writing.
Regardless of what and how people will do with their stashes of XRP, its value will just climb and will make many people regret that they had sold much early than they should even after two cycles of BTC because XRP will just go up on forever because of its use financial use case that will blow our minds in the near and mid-term future of its wide use both in the traditional financial and crypto-transactions.
Photography device: Oppo A92
Camera Sensors: 48 MP Main Camera
Camera Mode: HDR
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