Follow me on Twitter: @moonlamboio
SIGN UP FOR A FREE 7 DAY TRIALGET YOUR .CRYPTO DOMAIN AT UNSTOPPABLE DOMAINS
TRADE CRYPTO ON BINANCE HERE "LOW FEES"
DISCLAIMER: I am not a financial adviser. None of what I have communicated verbally or in writing here should be considered financial advice; it is not. Do your own research before investing in any digital asset, and understand that investing in any cryptocurrency is inherently risky. If you do, you need to be prepared to lose your entire investment.
Hello this is Matt on the moon Lambo Channel a bitcoiner with 2.2 million Followers who has held Bitcoin for 8 Years now says that xrp is closer to $10 Than we think and I I'll tell you it's It's kind of interesting because this is Coming on the heels of perspective from Uh another well-known individual Steven Narof uh former ex ethereum adviser and I talked about this literally just the Other day um he thinks xrp could be Worth way more than that in the future And uh this is just as a friendly Reminder or in case you missed it Because it's it's it's nice to see that You know even individuals who are big Proponents of other coins are Recognizing that uh xrp is going to get Going to get it right and so here's the Headline from the Crypt basic from Yesterday xeth advisor agrees xrp could Surpass $100 as it has no sealing and I Understand that you Know and let me say this too actually Before I even say was about It's the case that for every Cryptocurrency in existence there have Been holders of that cryptocurrency Including Bitcoin where it felt like it Was just never going to take off and so I understand that there are people who Feel like that about xrp right now it's Just been so long so much time has
Passed oh it's never going to happen but Then one day you wake up and it's just Going here and so it's nice to see that Uh participants well-known participants In the crypto space even if they're Stronger opponents for other Cryptocurrencies like yeah xrp is going To be running but uh before going Further I do want to be clear I do not Have a financial background of any kind I'm 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 all right so here's the Headline from the crypto basic Long-standing Bitcoin OG says xrp is Closer to $10 than we think in a recent Tweet lucky a prominent crypto figure in Self-proclaimed Bitcoin OG expressed Optimism about the future of xrp arguing That its price is closer to $1 or $10 Than most enthusiasts Envisage the Bitcoin proponent lucky With 2.2 million x followers highlighted The various factors that formed the Foundation of his optimistic outlook on Xrp and um and here you know I don't Need to read the article I'm going to go To Just Direct to his comments which are On your screen right now and I I mean It's all positive so kudos to him for
Recognizing this I don't 100% agree with This because he starts to go down this Uh this particular perspective of Ripple Having sub being a substantial part of The rationale for why xrp might go uh I Think it's a piece of it but there's a Very broad xrp Ecosystem um and and he does recognize Some of that too so this isn't to say That his perspective is completely Garbage I I don't want to come across Wrong nothing like that I just thought I'd mentioned that before Del in here and so um here here you have Lucky with 2.2 million followers on X so I love that this has gotten out this Message has gotten out to so many people At the time I'm recording this it's Gotten 463,000 Views and so he wrote The Following been Observing Ripple's operations since the SEC win in July I can't help but applaud The team for staying focused in their Commitment to the xrp community few Projects recover from such a drawn out Legal battle that cost them 200 million Do but we've seen the Ripple team Announcing several impactful Partnerships and Integrations including An increased use of Ripple payments with Bitstamp and bitso as payment corridors In two weeks we've seen a 22% Bounce From its August dip and the reasons are Not far-fetched and then he's got three
Bullet points here number one their Partnership with uphold brings more Liquidity to the Ripple ecosystem and That's just one growth Catalyst for Xrp's Price growth so also pause to say Here I still firmly believe because this Is what all evidence Indicates it's that xrp's price follows That of Bitcoins what Ripple does has It's of no consequence now over the Longer over the long longer period of Time yes I think that all developers Building on top of the xrp Ledger Getting Traction in terms of real world Utility that's going to ensure the Long-term viability of xrp and way more Money flowing in so all of this does Matter I'm just saying with the current State of things in 2023 uh it's provably The case that xrp is pretty much just Following Bitcoin so we just want Bitcoin to go up but still all this Matters uh now I can delve into that a Little bit further which I don't want to Go I don't want to go too far off the Rails here but I I do want to note also There are individuals out there like Myself and perhaps you're one of these People where you actually are parsing Out the differences between Cryptocurrencies so we do exist there's A reason that xrp is one of only three Cryptocurrencies that has always been in The top 10 cryptos by market cap for its
Entire existence with the other two two Being Bitcoin and ethereum of course so It's just Bitcoin ethereum and XP always In the top 10 always have been out of Over 20,000 coins now the reason that's The case is because there are people Like me and there's a good chance that If you're listening you're like this too You understand that utility actually big Picture will matter even if it doesn't Sufficiently today now that is the Reason there are enough of us out there That it has kept xrp where it has Been I'm just saying though even even With that being the case what matters More than anything else is what Bitcoin Is doing So the fact that there's this Partnership with uphold which I went Into in a fair bit of detail the other Day so I'm not going in this video it's Good it's positive and it it'll help to You make sure the XB can continue to be Used as a bridge currency in ripples um I don't even know what they're call it Was formerly known as on demand the Quity they just call it like their Crossb payment system now I guess um I Just liked it when it was oale but they Got rid of this is like the second Rebrand of it I guess but so that is Good but it's it's also the case that They have other on demand liquidity Partners and I don't know the state of
Their partnership with bitstamp as far As I know it's good and they're you know Everything's perfectly fine there I mean That was the primary partner um before The SEC sued before the SEC sued Ripple Know the most major on demand liquidity Corridors touched the United States and And bitstamp was a major part of that And so there would still there would Still be presumably unless there's Information that's not been made public There would still be liquidity there as Well so it seems to me like this is just Another exchange that's partnering up That offers massive liquidity now the Good news is and this is why it's it Actually is more substantial than Bitstamp potentially is because of the Volume because every Exchange in the United States delisted um xrp except for Except for uphold and then there was um I guess it what was it bitr although They're not headquartered in the United States but you could still get it there Uh there just weren't any Fiat on-ramps Or off-ramps that was a negative and There's also gatehub but in terms of a Fiat onramp and off-ramp in the United States I think the only as far as I can Recall it was just uphold that that was It and somebody correct me if I'm wrong But I think that's the case so anyway But their business grew substantially as A result because if you're in the United
States the only place you could get it Was uphold and there still was demand For it so so yes with with with that Being the state of things and and uphold Purchasing xrp from other sources that Aren't Ripple yeah there's there's more Liquidity there and then it can be used As a bridge currency and what used to be Known as on demand Liquidity uh and then B Point number two Ripple has begun expanding xrp's Utilities on the xrp Ledger with plans To accommodate trading of nfts they Could be dipping their hands into the $ 1.6 billion cookie J okay so this is Certainly a fair point this is another One of those things that I believe can Potentially lead to the long-term Viability of xrp and The xrp Ledger Because it's functionally useful and Nfts are not going away yes they're Overpriced jpegs but there's so much More than that you know there's all Sorts of stuff you can do including Royalties there's all sorts of I think That's to me that's always been the Thing that's just been most cool so far That I've seen thus far is what you can Do in terms of uh you know when you Transfer ownership of something to Another whether it's a blog or it could Be a song even maybe you got a A it's in Your music library and if you want to Sell it to somebody the the creator of
The song can get a royalty every single Time it's subsequently sold there's just There's neat stuff that you can do with It this technology is not going away That that's what I'm saying Here um and then the third bullet point And with more developments in projects Like the Su wet X mm uh steadily pouring Into The xrp Ledger and gaining upwards Of 600,000 users in 3 months xrp will Grow massively now that one is out of The three if you're talking about in Terms of short-term price I shouldn't Even say shortterm but in terms of What's going to lead up to the next Major bull market that's the one that Catches my attention the most and it's True there H that the numbers are Accurate 600,000 users in three month There's tons of people flowing into xrp It's it's always heading to the upside Right There's always more accounts xrp wallets Being created more people jumping in so Given that's the case when the market Goes what do you think's going to happen For xrp and that's why the idea and I Don't make price predictions I don't Know where the price xrp is going to be Be heading um I suspect much higher but I could be wrong and it goes to zero I Literally don't know but uh you know my Bet I I have strong conviction it's Going to be heading dramatically to the
Upside and that's why when I see Expectations of $10 I'm like yeah that Doesn't sound even remotely unreasonable Frankly that doesn't sound remotely Unreasonable it could go much higher Than that and so he says to wrap up his Comments if I'm being honest I'd say That xrp price isn't as far from $1 or $10 as we think looking at the current Ecosystem Developments well yeah I I don't either I I I again I placed my bet and I still Believe that xrp would hit a new All-time high a couple years ago if not For the SEC but yeah it's coming I think What's most probable is we are going to See another Major bll Market for crypto In general and xrp is going to melt Faces and it's just nice to see that Others are anticipating that and in Greater numbers than before there was The conclusion of the secv Ripple case At least in terms of xrp's legal status And that's not surprising now that that Clarity is there it does make it that Much more likely that XB actually is Going to hit those types of levels let Me know what you think in the comment Section below I'm not a financial Adviser you should not buy or sell Anything because of anything I say or Right that would be a very very very bad Idea until next time to the Moon Lampo
