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Hello this is Matt on the moon Lambo Channel there are people out there who Are trying their very best to ruin Christmas for xrp holders look at this Headline from you today xrp brutally Denied doomed to Miss B then there was this one from the Crypt Basic xrp underperformance explained With three rare factors now folks if You've been around in the xrp community And done some research on your own uh it Will not Shock you to learn that the Perspectives shared by the individuals That wrote These articles being SE Students and all uh they are not Grounded in reality are factually Accurate so let's break that in fact I Want to tell you something else too it's Interesting because there are a number Of xrp holders who are feeling kind of Down that xrp isn't even performing Badly like it's it's up you know just About 100% on the year uh it's been in You know the last week or two whatever In particular it's been moving sideways People are just kind of feeling down Because other stuff is going but you Know coins pop at different times this This is a known Factor it shouldn't be Putting people down but it is and so I Just think it's funny that while I see Some xrp holders uh questioning their Investment purely because of sideways Price action after all these years after
Existing for over a decade while that is The case for some and it's probably Minority the xrp Community there are bitcoiners who hate Xrp who are more confident in future Price action for xrp than some xrp Holders that I am not kidding about look At this headline from the Cryptobase Bitcoin OG says xrp to hit $1.33 pretty fast he and he said quote I Might dump Bitcoin for xrp in quote now This particular very well-known Individual in the world of crypto Broadly speaking hates xrp he mocks it All the damn time he has said in the Past it's going to zero and I think part Of that was just to mock the community You know especially what happened with The SEC attacking Ripple and army exra Holders uh you know that the the lawsuit Uh there was that but now he's he's Admitting he's like uh Hey Buck 33 for Xrp isn't it funny it's like while while The bitcoiners who hate xrp are like Yeah this thing's probably going to Blast off there are some xrp holders Like ah I might have done the wrong Thing but before going further I do want To be clear I do not have 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 let's Hop in this one real quick and just kind Of tear this to shreds if I may and may Because it's my YouTube channel and I do What I want damn it but the headline Again here from the Crypt basic xrp Underperformance explained with three Rare Factors and uh let's just go to the the Three talking points that they got got Here so the first talking point because This this is why they're claiming Xrp is falling behind is because of Competition check this out the the the Subheading here stiff competition from New Rivals despite its Legacy status as One of the pioneering digital currencies Xrp's value proposition now faces Threats from some new industry entrance Besides its role as a payment token the Attractiveness of xrp as an investment Is waning as salana based tokens for Instance have taken center stage in Recent times with their insane profit so Folks I kid you not this you think that Somebody with this perspective would Just be brand new to Crypto the if a cryptocurrency is going Up in price that in and of itself is not An indicator of long-term viability it Is not in and of itself an indicator of Actual utility and something moving Sideways uh you know while while other
Stuff is taking off doesn't mean the Thing that's moving sideways is now Defunct and the like history of crypto Crypto it's replete with examples of This it just constantly and all it takes Is a person that has at least least half Of a brain and you can figure this out Because you can see on any given day if You go through like the top 50 or top 100 coins for most of the last few weeks You can find on any given day a coin That's up 10% or 15 or 20% whatever it May be and then the next week or two It's not but something else is the next Day later or two days later whatever it Is it doesn't mean the thing the other Things that are moving sideways are now Garbage or what this this applies to xrp Only so is everything else that's not Popping off at the same time that has Been going up dramatically is everything Else garbage too or just Xrp your argument is garbage and does Not make sense so people that are new to Crypto would fall for that BS argument But I'm sure nobody listening here is I Would say unless you're brand new in Which case uh welcome to the community This is why we like to sh tear the stuff To shreds here and then the next one This one's hilarious the second reason That they're saying xrp is having a hard Time price-wise regulatory uncertainty I Just I read this I was like oh my God
You little baby back B xrp is literally The only large cap coin that has Regulatory certainty in the United States which is clearly what they're Referencing here but they're stating Just because Ripple is technically still In the lawsuit with the SEC well there's A lot of question marks no there's not The SEC itself has publicly stated that They have no intention of appealing the Judge tour's ruling that xrp itself is Not a security the SEC argued that they Said it publicly they filed that they Sent that letter to judge Torres I've Highlighted on the Channel multiple Times nobody in the xrp community no xrp Holder gives a damn beyond that what Happens I mean other than there could be Just some sort of peripheral interest Just because Ripple's part of the xrp Ecosystem but in terms of whether or not Xrp is a reasonable investment no what Happens to Ripple doesn't matter from Here on out of course it doesn't the Worst that would happen is Ripple pays a Fine and even though they lost on Certain certain sales as you guys well Know that doesn't apply to to us it Applies specifically to Ripples Transactions only that is it there is no Uncertainty for xrp holders how is this The thing and I like the crypto basic But this is garbage this is this is just Entrylevel perspective if you've been in
Crypto for like a week okay and you're Just doing your best to write an article Okay okay I don't know why you're doing That maybe stop it knock it the hell off But okay I can at least get get why this Is happening because this is Nonsense and then there's this the third Reason streamlined utility and lower Adoption the basic essence of xrp is to Facilitate cash transactions seamlessly While it is serving this purpose well The evolution of the digital currency Ecosystem Demands a more robust and Diversified offering to position a token As a One-Stop payment uh for payments And smart contracts based Innovations uh Let's pause a note here xrp is in the Minority in That developer activity has been Increasing it is up year-over-year which Is not the case for most Cryptocurrencies even for some of the Big boys you can even look at like like Eth and polka and some of the other ones That do have a lot of developers Actually building so not to say crap About them I actually hold both of them For Example but if you look at you know the Activity U compared to like a year and a Half ago was higher Actually and so that's not to say it Won't come back but it it is to say that This perspective is stupid developer
Activity has been increasing and so even Though admittedly there are many more Developers working on certain other Blockchains that shouldn't be surprising Either because xrp doesn't have layer One smart contract Functionality and why do you really Expect that there's ever going to be one Crypto that literally does everything And then everything else just goes to Zero like because that's maximalism That's stupid there's going to be a Bunch of different cryptocurrencies that Have different technical attributes that Get adopted for various things and you Know what it makes sense to have one That's really good for payments in General that's xrp been chugging along Like clockwork for over a decade how About that so the idea that now there's Something wrong just and again what's The premise for this entire article xrp Oh it's only almost doubled it's up only Close to 100% in a year a little bit Less than a year and now that that's a Sign there's something wrong because Because in recent weeks it's it's been More or less moving sideways that's a Sign that something's wrong that very Short-term price action so the rest of The 10 years are for nothing and this Guy he knows what he's talking about Well clearly not it's This one's not any better from you today
And I like you today also but this is Ridiculous and fact actually incorrect Is I will show you in a second xrp Brutally denied doomed to miss Bull Run Folks look I I don't believe for a Moment that xrp is going to miss the Bull run if Bitcoins get a hit a new Alltime high I would be shocked if xrp Doesn't too now if xrp doesn't and There's no Black Swan of it nothing else To explain it and it just doesn't but Bitcoin does and other stuff does then We should have a talk as xrp holders What the hell is going wrong is there Actually something wrong with the Investment but what it's been doing for The entirety of its existence is very Reasonable and as far as I'm concerned Not cause far forland that's is my Personal unprofessional opinion you guys Do whatever you want that's just my Personal opinion I'm just a dude on the Internet there's nothing special about Me but that's what I think makes sense And this article sure as hell doesn't Make sense it's just it's putting fear Out there into xrp holders and it's Garbage and then inevitably when xrp Does start running these headlines go Away and they get replaced with of of Course it's mooning oh my God Nick could Go even higher then the big targets That's what you today will be doing That's what the Crypt basic will be
Doing that's what news BTC will be doing All these all these these articles all These these crypto media Outlets that Have been putting fot out there it's Going to flip because then those things Will be getting clicks that's all it is This isn't they're not like speaking Truth or something that's going to help You which is why I wanted to shred that This is my Christmas gift to You check this out piece reads as Follows the cryptocurrency market has Been showing an explosive performance Espe especially the mem coin industry Well folks if the meme coins are going That me and xrp is not there must be Something wrong with xrp we learned that In the last article didn't we because Like Salon is going and mem coins are Going well that's where the future is Obviously it's not going to be xrp right Because short-term price action isn't as Impressive therefore reasons it's bad Right xrp is now bad right that's how The logic Works what a bunch of idiot Sticks anyway peace continues however Xrp appears to be the outlier in a Season when even crypto related stocks Like coinbase have performed with more Vigor xrp's market performance has been Lackluster failing to show signs of Bullish breakout again folks Historically xrp does lag behind the Market so if it continues to do that
Like shouldn't you just know that and Then expect that going into being a Holder like shouldn't you just be like Oh yeah so xrp's doing what it does okay Cool like wouldn't that be more Reasonable or when it continues to do What it's done in the past should you Freak out does that make logical Sense then they write the absence of Substantial institutional and retail Support which is often crucial for Significant price movements could be one Of the main reasons behind the lack of Movement oh is that right it's the lack Of support on an Institutional and Retail side well it's funny to say that Because if you look at the number of new Xrp accounts been created we're Approaching five million in total you Know when I jumped into crypto there Were less than 700,000 and it's been Chugging along like clockwork it just to The upside pretty consistently the whole Damn time so it's certainly not that There would be ret down Specifically which is mostly what it's Mostly retail participants obviously That are creating new wallets but then What about the institutional site so Wait there's a there's a lack of Institutional money flowing it well That's weird that flies in the face of All the data I've been showing you for All of 2023 can we get some recent data
Yes we can coin shares publishes this Digital asset fund flows weekly report Every single week they put the same Report out with updated figures here's The most recent one from from December 20 22nd right uh or well this okay so It's published the 18th either way well This is this is the most recent one what Whatever okay it it it doesn't matter This is the most recent one that's the Point that makes sense okay uh here you Can see this is all institutional now For Bitcoin there is a decrease in funds 32.8 million on an Institutional level Out of the ecosystem ethereum down down It's -4.3 million and this is these are Onee figures just were one week what About Xrp up $2.7 Million I'm sorry you today what the Hell are you just saying about no Institutional interest xrp for the week Just outperformed Bitcoin and Eth what are you talking about no Interest in xrp how there there was even Stories recently there was I can't Remember the firm's name now but they Were starting uh an ETP an exchange Traded product in another country an xrp Specific one which is similar in nature To an exchange traded fund I talked About it at the time what do you mean There's no institutional Interest these are actual funds flowing
In it's tracked it's publicly available Information so it's obviously garbage But again this is the type of stuff that You see this is what you see well if if A bunch of coins are doing well then xrp Gets crapped on and look there it's not Just xrp that has been moving sideways While other coins have been popping off Most coins have been moving sideways During that same time period so why the Articles about xrp well because it gets Clicks our community is gigantic they Get more clicks if they rip on xrp and Put and still fearing fearing you they Put fot out there you click that's what They're trying to do Here which is why on top of all this It's super interesting as I said at the Outset that although there are certain Xrp holders who are actually fearful Because of this I kind of feel bad for Them I mean I I I tease a bit at times And kind of give people like that a hard Time because I do think it's a silly way Of looking at the world so I have a Little fun with it doesn't mean I don't I do still have some sympathy because I Don't want few people to feel like that Especially when it don't make no damn Sense but it's just funny that some are And you have somebody who despises xrp For Reasons thinking that xrp is going to Buck 33 in the short term look at this
Headline Bitcoin OG says xrp to hit $1.33 pretty fast quote I might dump Bitcoin for xrp end quote a prominent Bitcoin investor has argued that xrp is On the verge of a consequential upward Movement citing potential manipulative Pumps to push xrp to $1.33 in a surprising turn of events Long-standing Bitcoin investor Da Vinci Jeremy has hinted at a significant shift In his portfolio strategy Jeremy who has Adopted Bitcoin for over a decade made a Bold statement noting that he might Forsake Bitcoin to invest in xrp Jeremy's new sentiment about xrp was Based on patterns observed on xrp and His words quote the news and the charts Indicate xrp is about to explode I think I might dump Bitcoin for xrp end quote And so look he still hates xrp he's just He I I listened to chunk of his video He's talking about how it's just hey Folks because he's worried about his his Bitcoin Maxi troll following he doesn't Want them to turn on him she's like no Folks folks well it's just it's just a Trading opportunity don't hate me it's Just a trading opportunity it's one of Those Things and and he was calling Ripple xrp And xrp like he uses them Interchangeably like he's a 5-year-old Like like he he's not aware that Different words have different meanings
It's fantastic he just it's neat to See but this guy he has a massive Following here you can see on YouTube 407,000 subscribers on this video where He titled I think I might dump Bitcoin In xrp and that's him there on the Screen crazy world folks crazy because I've seen him so many times over the Years shredding xrp saying a bunch of Stuff that doesn't make sense like this Post for Example this one is from October 2nd 2021 and there's so many I just I just Picked a random one he wrote I want to Know if the xrp Army has realized they Are on the wrong side xrp is not Decentralized in cost money to have an Account Bitcoin account is free now Obviously that's literally not true There is no central point of failure Point onto a map where there is a Central point of failure there is not Obviously he can't do that and then as Far as this you know xrp accounts aren't Free thing that's garbage as xrp Community member Panos pointed Out why do you keep misleading your Audience have you no shame is very much Decentralized and it doesn't cost Anything to have an account it's a Reserve which you can get back if you Delete the Account and so panas is obviously Correct there there's a reserve and if
You want to get rid of your account then You get that back and it's not like it's A whole lot in terms of uh any fiat Currency value today anyway and that can Always be modified as things move Forward by validators Community gets to Vote so that's what we're it's just so Funny to see that he now thinks Xrp is going to a buck 33 and then there are some in our Community that are getting fed out of Existence and you know the Crypt basic Can you today in these instances Although I I broadly like these these Outlets I think they mostly do a good Job as far as crypto media Outlets go Here the content sh falls short and People are allowed to have their own Opinions this is ridiculous and it's and You know and i' I just I've been here Too long I know when this type of Stuff's going to pop off and it's times Like this other stuff's going xrp is Moving side of course you're going to See headlines like this and then the These platforms are going to flip you Watch it xrp is going to be taken off These types of headlines go away and of Course oh is always good it's amazing Historically it legs behind it it's Doing it now and all this it'll be that It'll be all that stuff all the good Stuff everything with the cherry on top So they're just they're doing it because
They know we're a huge Community it's Not actually helping anyone so this is My Christmas present to you damn It I'm not a financial advisor 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
