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Hello this is Matt on the moon Lambo Channel xrp became the number one Performing cryptocurrency out of the top 100 cryptocurrencies by market cap that Happened Today and it's just it's just so funny Seeing this looking back on all of the Uh you know the the panicking and the Crying and all the despair that's been Happening from some xrp holders over the Last few weeks as I've noted these human Behaviors typically indicate the bottom And and then a move to the upside now it Doesn't mean it's literally imminent and That it would happen that day or the Next day or the next week or month even But when these things come together and You're in a bull market and the asset Class moves together it's silly to think That xrp wouldn't be a part of that it's Been in the top 10 cryptos by uh by Market cap its entire existence the Market has already voted yeah we think Xrp makes sense so then to know that the Market has voted consistently for for Over a decade despite an SEC attack the Market votes yes we think xrp makes Sense that's why it's in the top 10 Coins for over a decade and then to Think but it's not going to hit a new Alltime high now it's just it's not Going to participate in this bull run That is absurd but I am going to share With you um a post from one of the most
Popular cryptocurrency chart analysts Out there and oh my God the timing of This is hysterical to me literally Yesterday this guy over 300,000 YouTube Subscribers uh calling out no he said Literally yesterday nobody should have Xrp in their crypto portfolio and then He went on to site his rationalist to Y Which was full of literal factual Mistake after like I think three Mistakes in one post like you can't even If you're he there's not even that many Characters in there how did he get that Many mistakes in one freaking post I'll Show you we'll get to it but uh you know Less than 24 hours later xrp becomes Number one the number one performing Coin it's just so rich it's just so rich These people and it's just they their Minds are wor it's xrp derangement Syndrome that's what this is It's people Who are otherwise intelligent and in This guy's case he's actually really Good at what he does in terms of Analysis and charts but how is he so Disastrously wrong when it comes to xrp It's just like for whatever illogical Reasons he has a bad taste about it in His mouth and he's disastrously wrong And you just can't see it I don't know If it's Echo chamber stuff whatever the Reasons are but it's xrp derangement Syndrome I see this from all sorts of
People and it's it's just amazing Because they're so right about Everything else consistently they have a High accuracy rate when it comes to Their charting but not with Xrp so he said this yesterday and I'm Gonna have some fun breaking this down Showing you exactly how disastrously he Is wrong at least to this point one day Later the timing couldn't have been Worse his post has aged like a fine milk But before getting that far into things 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 and here's a couple couple Headlines and there's more in crypto Media but just to highlight a couple uh Xrp skyrockets is top performer among Top 100 cryptocurrencies after sudden Price surge here's one from you today Xrp becomes best performing Cryptocurrency in top 100 after sudden Price surge it's all over the place yet We also have headlines like this also From you today xrp paints unexpected Reversal pattern folks I encourage you To check out my very last video I'm not Going to rehash it in this
One but I went to Great Lengths Highlighting how for weeks and months Analyst after analyst after analyst Cited all sorts of reasons as to why xrp Was about to blow to the upside and it And it started at least it had a notable Push 20% inside of a little over an hour Which is what happened today that's not Nothing that doesn't happen all the time That's kind of rare it's pretty damn Rare to be honest with you um but it's Unexpected and then you had coindesk Citing uh you know it's the whether's Mysterious binance transactions the big Big big big transactions and then it Happens the day xrp goes I and I tore That to shreds 2o in the last video it's Just completely silly so if you look at An xrp BTC chart it was time if you look At an xrp USD chart it was time if you Look at xrp dominance chart it was time But it's Unexpected and then whatever is Happening on the day when it finally Goes that must be the reason that's the Narrative isn't it funny that whatever The news of the day is that that's the Reason that it moved rather than Something actually organic because we're In a bull market it's just crazy in fact All sorts of um institutional level Buyers have been positioning themselves Look at this headline from you today xrp Nets $1.5 million in fund flows amid ETF
Boom and that's for one week and it is True that the the flows for um you know Bitcoin and some other coins were higher But if you look in terms of market cap Like this is pretty good and it's just For one week and it es and flows like It's been higher than that in the past It's been a little bit Lower but my point is the Smart money Has been positioning themselves and I've Been highlighting all of those stories Well basically actually for the entirety Of the existence of my channel but if if If you think back into um what leads us To This Moment In Time relevant fairly Recent history think about leading up to You know the first half of uh 2023 even What were the whales doing in Positioning themselves anticipating a Positive ruling for xrp specifically Well they were there byy an xrp i Highlighted all those stories throughout The first half of 2023 and then when it Happened I showed that there was a Pickup in terms of the institutional Money flowing into xrp and as as as the Charts looked worse and worse and Bitcoin was going up so the xrp BTC Chart looks worse and dominance is Looking like it's in the gutter and all This stuff what was happening in terms Of whale Activity tail is Old As Time like the Whales they just act different than the
Typical limbing retail Speculators um and so I also posted this Because speak of stupid ass narratives That don't make any Sense I just can't figure out for the Life of me why Ripple isn't suppressing The price of xrp today with a little Melting face emoji and obviously that's Sarcasm right there but um that's this Narrative and it's always been stupid But it's amazing you still here in 2024 Oh Ripple's dumping that's why xrp W Won't go oh really because Ripple was Selling back in 2017 and it ran to Almost $4 so that's a stupid ass narrative you Know and when it ran to two bucks in 2021 Ripple was still selling the same They didn't change their Behavior it's just the real answer is if It's not higher in price it's because There's not enough demand to make it That high in price like it is that Simple some people just have half a Brain functioning though that just is What it is there's this post from xrp Community member Frey been in crypto Since 2011 and Um also has an actual career in finance This guy really does know what he's Talking about and um he's noted that There's some clowns out there which I'm Going to highlight right after this and This is going to be this is going to be
Fun uh so Frey says the only way the Market participants will stop clowning On xrp is when it breaks previous All-time high from January 2018 step one Step two you will then see haters Complain about it not outperforming Other cryptos but Step One is needs to Break alltime high no way to BS that Yeah and that's true so by the time this Is all said and done from the bottom to The top of the cycle if you compare Bitcoin versus xrp there will be no Comparison xrp will substantially Outperform Bitcoin that's my belief Anyway and if I'm wrong fine maybe Everything goes to zero I'm just a guy On the internet I'm not a financial Wizard or Pro I'm not pretending to be a Guru I'm just a dude like there there is Nothing special I'm just sharing Opinions on the internet that's all I'm Doing here but I I really genuinely do Have this strong of a conviction after Following this stuff and holding xrp for Over six years but also I hold about 30 Different cryptocurrencies I'm not a Maximalist I'm not counting on xrp Solely for me to have life-changing Wealth definitely Not um But um but sure you know if you're Talking about smaller cap coins it's any People that hold those roughly from the Bottom to roughly to the top on the way
Yeah you're going to have greater Multiplier effects but it comes down to Like what's your risk profile do you Want to take on micro caps and small Caps because I personally am not Particularly interested in them I like Stuff that's a little bit more of a sure Bet in a highly volatile asset class Because it'll still result in Life-changing wealth but each their own I mean I'm sure a lot of you out there Listening are into some small caps you Get maybe got a blend some micro caps There's nothing wrong with that um you Know to each their own that's all I'm Saying here but when it comes to xrp Derangement CER my God and so here you Have Jason pazo and I actually think This guy's really likable I think he's Genuinely skillful insightful and Talented I do mean That but oh my God he is victim to xrp Derangement syndrome I don't know what Happens to trigger these people but they Just have this idea in their mind it Could be Echo chamber stuff um I don't Know to what degree he actually really Knows anything about the xrp ecosystem I'm guessing not much if anything but he Doesn't like it and it's just this Narrative it started back over a decade Ago back in the you know the Bitcoin Forums when when xrp was coming out and Ripple's even trying to give it away
Initially and they did give away some of It but uh back back then it was being Called a scam and people were being paid I can't remember how much I think it was $500 worth of a crypto I'd have to go Back and look it up I've highlighted it On the channel before but literally There was a campaign to pay people to FUD xrp on message boards to get people To say xrp is a scam because they viewed It as a threat to bitcoin I kid you not There's evidence of this there's it Happened and so from the very beginning There's been this idea among certain People that xrp is bad and then there Was this narrative well xrp is the Banker coin that's completely Antithetical to what Bitcoin is supposed To be used for which is hilarious now in 2024 because the biggest Banker crypto On the planet is Bitcoin it is Bitcoin and but now they embrace it now They embrace it most of them anyway it's Hilarious so I don't know what is in This guy's mind Jason Pino but like my God it's it's just it's just Disappointing because you can trust him On pretty much everything else he says It makes sense there's logic behind what He's saying whether he's right or wrong He's not right about everything but when It comes to xrp my God he's leading his Followers astray and he has over 300,000 Subscrib
On YouTube and I'd say broadly speaking Welld deserved but I have to highlight This stuff because look if you're going To put this stuff out publicly and blast This out to all of your people you Better believe that people are going to Be talking about that you're an Influencer okay I'm going to be talking About this especially since this is a Crypto Channel and finance Channel but It's xrp Centric obviously yeah you Better believe I'm going to talk about This and it's it's not a personal attack Against him but he Like what what do you want to call call It it's xrp derangement syndrome I I see This from People and so here's what he said and There were actually two posts let's Start with this one he says xrp does not Belong in your crypto portfolio ever Even if it pumps this cycle xrp must do Over 2600% to break even against Bitcoin uh Bitcoin value from 2017 Peak last cycle It managed 500% and is now at risk of breaking the SEC law lawsuit low just 30% away the Only benefit to influencers talking About xrp is there is still a huge Audience that wants to hear about the Project and hopeful price Pro projects Uh projects means projections that never Come true below are just pure charts
Data and facts the risk is on you if you Buy bookmark and reshare to see what the Response is from xrp bag holders I Promise they won't want to hear this oh No no I want to hear this because it's Hysterical in fact I did bookmark it and I put it in my future dunks tab I just Didn't know I'd be using this the next Day I thought it would be after like an All-time high i' go back to the future Dunks as I got a ton of them it's going To be hilarious and and uh it's just People with disastrous opinions about Xrp and um I just didn't know it would Be like the next day that I'd be Highlighting this because he posted this At 7:31 p.m. central Time my time zone Last night and so you're you're talking All of 15 hours later xrp started its Run going up 20% the timing's hilarious You got to Adit the timing is hysterical Oh my God this has already aged like a fine Milk and even if there's a move back to The downside fine but Signs of Life Folks xrp's alive it's moving with the Asset class Bitcoin moved up xrp had an Even bigger move how about that go Figure and then you look at the xrp BTC Charts the xrp dominance chart all that Looks in the gutter xrp USD chart these Are all things that has historically Have occurred right before it's blasted Off as many analysts have said you got
To check out my last video I went into To I went to it's been a lot of time on It just check it Out but um let's break this down because This is one hell of a disastrous post That just doesn't make any sense and has All sorts of actual factual errors so Bitcoin mind you has only done at this Point less than a 5x increase from the Cycle bottom of just call it roughly $15,000 just to use round numbers right Less than a fivefold increase for Bitcoin to this Point now mind you if xrp gets a Fivefold increase from its bottom of 28 Cents that would be you know just using Quick math somewhere around a buck 40 Right somewhere around there so much Easier for xrp to get to a buck 40 which Would already match what Bitcoin has Done this Market cycle so to think that Bitcoin's going to be a better performer Than xrp this Market cycle is completely Absurd but let's dig in further let's Dig in because we're going to have a Grand old time here we're going to have A killer time folks if xrp went to $25 it would have the same market cap That Bitcoin has today $25 xrp is Equivalent to roughly you call it 72,000 Whatever for for Bitcoin it would be About the same market cap about $1.4 Trillion but xrp doesn't need to get Anywhere near near that like not even
Close to that to substantially Outperform Bitcoin the cycle you know ex X again bottomed at 28 cents this cycle So if it hits $25 that would be from bottom to top an 89X increase 89X now you know if Bitcoin did an 89X From its $15,000 bottom it would be Worth $1.3 million per Bitcoin that is Not happening this cycle not a snowballs Chance in hell and I don't know if xrp Will hit $25 this cycle but at least That's actual plausible it's not for Bitcoin that's absurd that's Laughable and um so Jason is also wrong In stating that xrp needs a 2600% Increase from its 2018 High which he Mistakenly States was in 2017 see he Doesn't know what he's talking about Though he just said he's got opinions And you always see this from these guys The people with xrp derangement syndrome They got their Opinions they're going to put it out There on the internet to their massive Followings not even going to check to Make sure they got the details right Right and that's why I'm spending time Correcting this and because it's pretty Freaking hysterical especially with the Timing 15 hours later folks it's Hilarious but anyway again so so Jason Is wrong in stating that xrp needs a 2600% increase from its 2018 high in
Order to catch up with bitcoin's current Market cap of $1.4 trillion in in fact It would actually be more like a 537 per Increase not a 2600% Increase very Attainable and then there was also the Part where uh he was talking about oh Yeah he said last cycle xrp managed 500% and is now at risk of breaking the Lawsuit low which obviously hasn't Happened but I'm sorry there's only a 500% increase well that's certainly not True you can go to a ton of different Sources I just Googled one real quick Here's uh crypto media Outlet CCN and They're noting that xrp hit a cycle low Of 10 cents and um I think here yeah They said it went above two bucks and I Know it I shared a screen grab of xrp Right at $2 in 2021 on my uh on my X Account so bottom was 10 cents high was $2 that is a 20-fold Increase now I'm no math wizard but if You plug in in a percentage increase Calculator the initial value of 10 cents And the final value of $2 you can see Right here that is a 1,00% increase that Xrp had last Market cycle despite being Attacked by the SEC which is the reason It didn't even hit a new alltime high It's the only top 10 crypto that didn't And also the only one being attacked by The SEC might these things be like Causal and might that be the reason for
The correlation like do youall think 1,00% and so here again in his incorrect Post this is what he's telling all of His followers he said it only got a 500% Increase literally not True so again like he's got a massive Following he has fewer followers on X It's 100, 600 that's still a lot though You know I've been following this guy For over half a decade I've always known He doesn't like xrp but if you're going To say BS nonsense stuff that's going to Sway people and it's factually incorrect Not just a bad opin I mean he's got bad Opinions about it but he also is putting Factually incorrect stuff out there yeah G to talk about it especially when it's This hilarious regarding timing 15 hours Folks it's been 15 freaking Hours that is it just not grind my gears I I I'm rather loving so he said xrp Guys not going to want to hear no I love Hearing this this is hilar ious to me I'm having a grand old time with This then there was this post he wrote Trading versus investing and this is in The same thread trading versus investing Understand the difference those that Invested in quotes he wrote invested in Xrp since 2018 have had a negative Return after six years pause absolutely Not true in fact I've been in since 2017 my average purchase price is 25 not a negative return again no math
Wizard here no math wizard here I'm Pretty sure that 25 cents is less than 74 cents is which is what it hit today Son pretty sure pretty sure that's about About three times higher again no math Wizard Here but uh you know and mind you like I Started dollar cost averaging in again Like in 2018 once the xrp price went way Lower um I started dollar cost averaging In after it hit its alltime high you Know probably half year later whatever It was 55 cents 50 cents 45 cents 40 Cent 35 cents all the way down and then I got to purchase some xrp obviously Lower than 25 cents I got a lot around 20 cents I was able to buy as low as 15 Cents but it averaged out to 25 cents And so I did a bunch of buying in 2018 Say everyone since 2018 has had a Negative return what in the ever loving Hell are you talking about there are People that bought in June of 2022 that Are in the green that makes no damn Sense and then he says sure xrp might go Up during a bull market but so does Bitcoin and altcoins right now your per Performance is worse than Peter Schiff G Meaning good luck so he writes you Acknowledges xrp go up he just hates it So he's let his bias is bleeding out Into this which is resulting in bad Analysis obviously so he ackn xrp might Go up in a bull market but so does
Bitcoin oh okay so bitcoin's going up You do you really believe Jason bazo That Bitcoin if you look at the bottom Of the cycle to the top whatever it ends Up being we need to let time pass to see What is do you really believe that the Multiplier effect for bit Bitcoin is Going to be better than that of Xrp that is Laughable obviously if a coin has less Money in it lower market cap if it does Make a run and especially if it goes to An all-time high yes it's going to have A greater multiplier effect than a coin Broadly speaking that has a higher Market cap to start with there's already More money in in those the higher ones There's way more money in Bitcoin to Start this market cap it takes way less Flowing into xrp to destroy the Performance of Bitcoin duh and there are other my God Why not xrp like does he really not Understand that this entire asset class Moves in Tandem and that for over a Decade now over despite an SEC attack Global Market participants have decided That it makes sense for xrp to be in the Top 10 coins by market cap but he thinks That even though the market has already Decided that as evidenced by the fact Xrp is where it is despite that xrp is Going to be the only large cap it's just Not going to run it's or not going to
Run to a new alltime High I mean he says It could run but you what but you Shouldn't have it though it could run But you shouldn't have it Though like what xrp derangement Syndrome folks that is exactly what this Is there is no logic to this he the DAT Is this is uncharacteristic of him he is Spoton with when it comes to data logic Facts he Nails it he's really good and Talented this is xrp derangement Syndrome I mean I mean unless I mean Well did he do this on Purpose well then I just wouldn't trust Him I I think that this is actually just Whatever it is that gets in these People's minds it like warps them There's something like they see the Letters xrp and they're like you know Like they have a response like that and Their like their their neck jerks and Just like yeah it's something like that And then they just they just type Something up real quick ah emotions I Don't know I mean I can't tell you for Sure I can tell that it's stupid as hell And it doesn't make any sense And it's a shame because like I I have Highlighted over the years all sorts of Stuff from him because I do think he's Good I do think it makes sense but he is Disastrously wrong on this and there's So many ways you can prove that I mean Even like developer activity I mean
Would pick your metric it been trending Up for Years you know a number of new wallets There pick a metric son it's all getting Better and then the cherry on top legal Clarity but no it you should never he Says you should xrp does not belong in Your crypto portfolio that's the quote Ever ever ever Ever i' love the timing of this this is A good old time now this is just a start Though and so even if xrp goes back to The downside which is certainly possible You know short-term price action is Never going to Define what happens uh You know for a market Cycle we'll see where this thing Ultimately goes I would be shocked if Xrp doesn't hit a new all-time high in Enterprise Discovery unless and this is The asterisk I keep putting out there Unless there's a Black Swan event that Shuts everything down or if there's not A proper alt season if that doesn't Happen if like so pretty much we've seen What we've seen to this point and it Just kind of Putters off and pretty much Nothing goes well okay then I wouldn't Think there's something uniquely wrong With xrp but if you know if it doesn't Hit a new all-time high and you know Everything's at Full Throttle then that Would be the time where we need to Seriously have a conversation as a
Commun be like okay maybe we're wrong Which is what I would do by the way I Would see this is the thing like they're All sorts of people where they have Their strong opinions valid you know Whether warranted or not in this case Yeah we just talked about Jason bazo and Has he's disastrously wrong about xrp But you mean think about the the no Coiners out there and the Bitcoin haters Dating back over a decade at some point You got to have a moment where if you're Being intellectually honest you look Inward and be like wow bitcoin's been Around 15 years what am I not getting at Some point you have to have that moment If you're intellectually honest same With Xrp so at some point if xrp does go to The upside side he needs to have his Intellectual wow what am I not getting Here what do I not understand I'm Jason Bazo I got 300,000 YouTube subscribers What do I not understand and on the flip Side if this thing doesn't go after this Market cycle and there's nothing like a Black Swan event or anything like Anything that I just cited that would Preclude it from from running into an Alltime high that would make me look Inward and be like okay maybe I'm Missing something I absolutely would That would do that to me after all this Time yes it would and then we'd have to
Have a talk and that could happen but my Conviction is this thing hits a new Alltime high and enters price Discovery And I don't know if that's going to Happen and I don't make price Predictions that's my conviction though But either way the false data here and The lack of an actual argument does Nothing to to persuade me it's just it's Just more tribalism that's what this is But it's fun to Highlight I'm not a financial adviser You should not buy your sell anything Because of anything I say or right that Would be a very very very bad idea until Next time to the Moon Lambo
