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Hello this is Matt on the moon Lambo Channel in this latest Moon Lambo ha to Jam I'm going to share with you some Things that always happen historically They have always happened right before Xrp blazes to the upside and melts Everyone's Face without fail G to happen I mean Unless this time is different which you Know kind of Famous Last Words let's not Go there I don't I don't suppose that That's remotely probable but before we Going any further I do want to be clear I do not a financial background of any Kind I am not offering Financial advice And you definitely should not buy or Sell anything because of anything I say Or right I'm just an Enthusiast who Enjoys making YouTube videos about Crypto related topics but just as a Hobby and just for fun now first I want To share with you something that just Kind of made my soul happy here's a post From uh somebody I just came across this Randomly on X somebody named Eddie wrote With time this piece of art grows even More Exquisite and it's an xost that has Been framed the post comes from nuriel Rabini from November 20th 2018 now mind You that was about a month before Bitcoin bottomed after hitting its then All-time high of $20,000 so uh Bitcoin Actually bottomed I believe it was December 15 2018 again this post
November 20th right uh and before Reading the post which is on your screen I'll note and this is Nel rabini right Here uh this guy's famous he is a famous Economist uh he's known as Dr because he Always has such negative forecasts I Guess but if you're known for that then Uh maybe that's a sign that something's Wrong you know uh because most of the Time frankly markets Trend to the upside Or else I mean we'd be at zero Eventually like that's an obvious point But um he's a nocoiner and he believes That crypto even today he still believes That crypto including Bitcoin it's all Going to zero and so here's some Undeserved Confidence November 20th 2018 from nual Rabini AKA Dr Doom with Bitcoin down Almost 80% from Peak from $20,000 to $4,000 and all other cryptocurrencies Down 80% to 99% I rest my case that this crypto Bubble went bust for Good I feel Vindicated so I will take a Break for a few days from this toxic Crypto Twitter waste of time to convince Zealots now fast forward a little over Half a decade here we are 2024 and Bitcoin didn't go to zero it went to $70,000 now how you going to act I love This stuff though this just because These people like what does not at some Point you have to you've got to if
You're being intellectually honest you Got to look Inward and say uh this has Been going on for 15 years now it has 15 Years it keeps getting bigger The World Keeps adopting it what do I not Understand what am I missing but these Some people they just they will never Admit they're wrong it's like him and Peter shiff they should be best Friends want to highlight this Post I shared this yesterday morning uh It's it's a screen grab of what was the Uh price for har bar at the time and uh Looking pretty good now you may remind You may remember um about a month ago it It wasn't just that people in the xrp Community were screaming I remember There's a a well-known xrp influencer Who got crypto like a crazy amount of Crypto media attention for demanding That Ripple take action to improve the Price of xrp which is just laughable Like it's it's so genuinely as if Ripple Could even do that uh and why would you Look for them to do that like no but you Also saw that in the harar community Price not looking so hot even a month Ago right so there was a change.org Position to get the um hedera Decentralized autonomous organization to Uh to to do something to take action to Push the price of H bar higher it's just Like these things are happening at the Same time and I'm just laughing I'm just
You've got to be kidding me folks like That this is not this is not an adult Approach this is not how this how real Life works it doesn't make sense and we Don't control when things pop the asset Class moves in tandem how can people Don't just get that and accept it yet I Understand if people are new but if You've been around for years how do you Not get that yet it does not make sense So I I posted this there's a screen grab Of what was happening with bar yesterday Morning and I wrote I've noticed that All the people that were whining about Disappointing harar price action have Now shut the hell up it's up 70% in 30 Days same thing will happen with all the Xrp holders bitching up a Storm they will become silent patience Is required not optional and by the way Uh I want to mention this too because People uh still even in 20 24 are Claiming that Ripple is dumping on the Market and that's the reason xrp won't Go up I just want to note that the Inflation rate if you want to call it That uh for harar is like I don't Remember the exact number so you can go Like do the fact checking yourself but It's something like I think two or three Times worse then uh than what's Happening with xrp if you consider if You consider Ripple's selling of xrp to
Be quote unquote inflation compare that To um har bar entering the circulating Supply it's about two to three times Worth two to three times worse with h Bar and that's why I kept I I've always Been saying this I get it Supply is a Factor what's way more important is Demand how much new money is flowing in I think with 4% of humans on the damn Planet there's a lot of opportunity for A metric eward ton of money to flow in The demand is what matters supremely More than the supply period That's Just And so look again everybody was mopy in The H bar not everybody a lot of people Were mopy in the H bar Community Bitching up a storm a month ago now They're not the same will happen with Xrp we just don't choose when it pops Off but look at the human behavior do You see this that's why I'm highlighting This it doesn't make any damn Sense uh but there are some metrics Which on the surface sound very negative Which I want to highlight that's what I Was referencing at the outside of the Videos some very negative sounding Metrics as a pertains to Xrp uh but the when things look this Dire historically it's been very good And I've been highlighting some of this Recently but let's get into some of the Specifics here here's a post from Attorney Bill Morgan on March 4th he
Wrote and this is an xrp dominance chart By the way he says Brad was reportedly Quoted as saying that 99% of cryptos Will disappear although I haven't seen The quote I wonder what was xrp's market Share at that time if he did say it now It just has a market dominance of 1.47% and falling just remember though It has been this low before and then Rose rapidly yeah and that quote I I've Heard many times myself I've I've seen Him say that publicly in video I've seen It in written format Brad garlinghouse Absolutely did State and I think Accurately that 99% of cryptos are Pretty much just going to go away Because if they don't do anything in a Mature Market why would they be here I Just I don't suppose that they will Right um and as far as what um back in The day when he first said that I don't Know exactly what xrp's market share was But uh I will note a couple things uh First of all you would expect um over Time xrp's market share I mean maybe It's going to end up being higher but Just understand right now uh there are Way more coins than like half a decade Ago competing so that so in a world Where utility doesn't sufficiently Matter I wouldn't expect our xrp's um Dominance to be outrageous um it will be When it goes on a run and then it's Going to go back down same for Bitcoin
Bitcoin has been all over the place so That in and of itself doesn't doesn't Matter and so when brg garous first said That and I heard him say it like over a Decade ago uh I I don't know exactly What it was but it could I think it it Might have been in 2017 before the um The most famous xrp face melting rally In history and if so I don't know what The number would have been but it would Have been way low uh before it rallied Up to almost four bucks the dominance Would have been and and this is normal Though like there's there's nothing Weird about this this is just how things Go and um and so Bill Morgan reposted That um just this morning and he said uh Xrp market dominance has fallen further In just the last 5 days since when I I Last reported from 1.47% to 132% um and and by the way so he's just Reporting facts and there's absolutely Nothing wrong with that to be clear some People are taking that as he's being Negative about xrp I did not take it That way I know that he's been Purchasing xrp because he's been Publicly stating that he's just sharing Data and So I responded with three fire Emojis on social media platform X Because I know what this actually means Um and somebody named Jason responded to Me and wrote this is bad right dot dot Dot question mark uh and I can
Understand why somebody might think that I mean xrp dominance decreasing oh my God there is something wrong it's going To zero what are we going to do I can't Sleep at night I don't even know what to Do with my hands well I responded to him And wrote some people would have you Believe that but historically this is What happens shortly before xrp Runs and attorney Morgan responded to me And said exactly and that's the point That like you really should take away From this when when xrp dominance looks This bismal Abysmal that's because it's up to bat Whether that's tomorrow or a week or a Month or next quarter whatever it is Historically that is what it has Meant so uh this is not something to be Fearful about this is something to be Excited about historically it just is What it is because money Cycles through And and once people notice that there's A sufficient disparity where it's like Whoo xrp looks way under valued compared To the rest of the market Savvy people Realize that they start putting money in And then enough and then it pushes up The price enough that it starts to catch The attention of the idiot retail Speculators and then they just foam them In and you get these huge green candles That's what happens that's the reason It's no more complex than that so either
You have exposure when this happens or You do not which is why I'm highlighting This then we have uh this post also and This is from attorney Morgan and he also Um shared this uh just this morning and He wrote and it's another xrp dominance Chart he says what happened on April 1st 2017 to xrp's market dominance there was A massive increase in price in volume Will history rhyme before April 1st 2024 Well I don't pretend to know as far as Timing I'm just optimistic that as as as Long as we keep seeing money flow into Alts with xrp being an ALT it's going to Flow in xrp 2 it's going to have it stay In the Sun be because it's part of the Asset class like it's really not more Complex than this folks it really isn't That's my Opinion and on April 1st 2017 yes this Is indeed correct and that's when um xrp Was running up from well mind you at the Start of the year was about is about Half a penny uh and the highest price it Had seen before that I think it was six Cents I want to say it was 6 cents Briefly and then it cratered back down So it's like a 12-fold increase and then Right back on down and that did happen I Think that was 2014 um maybe it's 2015 I think 2014 you Could look at a chart figured out but Anyway um so that was the the highest That we had seen to that point I believe
So then you're talking about April 2017 Half a penny up to 42 cents roughly Insane so it was impossible desire and Uh just it's disastrously disastrous Performance up to that point wasn't Going to happen it was impossible until One day you woke up and then it was just Happening that's how this happens there Is so much evidence to show you that's Just how it is and again you either have Exposure or you did not the dominance Chart shows This of course that's not although Here's another post from Bill Morgan This is from last night he said the Long-term years and medium-term 6 months To 12 months a decline of xrp against Bitcoin and eth has continued and even Accelerated in the last week make of it What you want short-term snapshots can Mislead but how do they look when Coupled with medium and longer time Frames which is a great question and I'll I'll be happy to share my take on That um obviously in the shortterm Short-term stuff means a lot less than Long-term stuff but I will tell you even If you look at long-term charts dating Back to and here I'll just show this Because I got another thing from EGR Crypto here I mean you can look back at Um well you can look to where we Bottomed out in 2021 this is an xrp BTC chart look at
How disastrous it was Right uh I mean that that's quite the Crash down going back to you know 2018 The beginning of 2018 that's a long-term Chart right there if you look just from From 2018 to when it was at its bottom Here in 2021 that's a that's long term Did it mean that xrp wasn't going to go No it it meant it was about to go so Even if you look at it on the Longterm yes so I think frequently Short-term price charts are they can be A bit Silly um but if you look over a long Term well yeah it Trends down but that's Happened the last few Cycles So what what what conclusion am I Drawing from that well if history is to Roughly rhyme with itself even if it Doesn't exactly repeat then we are at That moment whether you look at xrp Dominance or you look at um xrp BTC Chart yeah going to go it's going to go We just don't I we just don't know when For sure I firmly believe that look at Some other Metrics the chart in the middle of your Screen here is the number of new uh xrp Accounts activated dating back to February 1st of this year so I just Wanted to show you that as the Market's Gotten hotter there has been more Participation on the xrp ledge or more People jumping in so you know dating
Back to February 1st this year on an Average day maybe you get about 1,500 New accounts it could be a little higher Could be a little bit lower you know Maybe it's closer to 1100 the low end Maybe if you get a high day it's like Six you know 16,700 something like that But what has happened is things have Gotten really hot with Bitcoin more Attention to xrp because as I keep Telling you xrp moves in tandem with the Rest of the market look at what has Happened a notable increase in the Number of new xrp accounts at that exact Same moment here you have for instance February 29th 2500 new accounts and then It it had a low the recent low was uh 1,932 then you can look at for instance March 4th 4th though 2721 accounts yesterday's the last full Day that we have March 9th 2355 new Accounts that's telling the market is Moving in tand it continues to move in Tandem all of these things historically Happen before xrp melt faces that's the Point so you can look at all these Metrics that you know somebody not in The no might look at and be scared by Him be like oh this is bad news well no No no no you don't understand the Historical precedent and you don't Understand why humans how humans behave When things when there's this big a Disparity in terms of uh know xrp being
Valued against Bitcoin CU xrp at this Point I would argue is supremely Undervalued compared to bitcoin Supremely and when this happened in the Past Savvy Traders took note bought xrp Driving more demand and then liquidity Beg gets liquidity and then you get These green candles it really is that Simple it's like we got our stupid Little human monkey brains you know what I'm saying human monkey brains whatever But you know what I'm saying right it's It's just the emotions and people like I'm counting on those people to be Emotional idiots because they've done it In the past and they've been just as Stupid in the stock market generations Of humans dating back over a hundred Years this is just more fun interesting And uh you know provides an opportunity For quick life-changing wealth Compartive compared to the stock market Way faster uh because it's way more Volatile there's less money in the asset Class so it's much easier to get a Multiplier effect here but you're Dealing with the same constraints of Human emotion it's ridiculous this is Why we have this opportunity I'm seizing It I will sit here and be as patient as I need to and in the event I'm wrong About xrp which I acknowledge is Possible I just don't think it's the Case I have very strong conviction right
Now um look I hold about 30 different Cryptocurrencies yes xrp is about a Third of my last I checked anyway about A third of my uh I need to do new Numbers on that because stuff's been Running but um last I checked when it Was a month maybe six weeks ago whatever It was it was about a third of my total Holdings maybe it's technically less now Because other stuff's been running um if I'm wrong about that one okay too bad so Sad for me I'm I'm an adult I'm a big Boy I made the I made the CH choices That I made um but I have my convictions Also but I also made sure to diversify And so even if I only had the rest of my Cryptos minus xrp I'm still Good you know maybe instead of needing a 5x which I think I need with about with Everything from roughly this level maybe I' need more like a 7x without xrp or s Or 8X whatever it would be okay Okay but see that's why it makes sense To diversify I'm not a maximalist I'm a Huge xrp fan to the core and I am so Thankful I came across it in 2017 I will Always be Thankful um even if it actually did go To zero because it brought everything Else you know it got me into crypto in a Very deep way it it has been Life-changing to this point Unquestionably I'm always going to have A sweet spot in my heart for xrp no
Matter what but um I do believe it's Going to go to the upside but I'm just Noting here at the end of the video also Like it makes sense to diversify so Hopefully people investing in crypto um Aren't putting all their eggs in one Basket I don't think that's particularly Wise you wouldn't pick just one stock Out of all the stocks that exist right You wouldn't do that hopefully with one With crypto either then need to kind of Spread out the love basically and again With the asset class moving in tandem it Only makes sense but I'll go ahead and Wrap up there I'm not a financial Adviser you should not buy yourself Anything because of anything I say or Right that would be a very very very bad Idea until next time to the Moon Lambo
