XRP Accumulation Outpaces other coins

[Adbitco]

XRP Accumulation Outpaces Bitcoin and Ethereum

"A recent post by crypto trader Dom has drawn attention to a notable divergence in cryptocurrency accumulation trends. Dom’s analysis, based on blockchain data, reveals that wallets holding over 100 XRP have grown rapidly over the past year, in stark contrast to trends seen with Bitcoin (BTC) and Ethereum (ETH).

According to Dom, the data shows a decline in BTC addresses holding at least 0.001 BTC over the past year. Similarly, ETH addresses with a minimum of 0.1 ETH surged until late 2024 but have since declined. In contrast, XRP has experienced a steady increase in wallets holding over 1 million XRP. Notably, after the February 2nd market sell-off, there was a sharp spike with 53 new wallets added overnight holding over 1 million XRP, suggesting that larger holders are accumulating XRP at higher prices". This news popup on a telegram group i joined and i decided to share here for discussions..To continue reading click here .

[Charles-Tim]

Do not mind all these. We all know that XRP increased significantly in January of this year. So they will use this to deceive people just as they deceived them with ethereum in 2020/2021. But what happened after? Disappointment. Ethereum disappointed many people as it has not got to all-time high up till now.

[kentrolla]

It's a trap, we have witnessed this in the past and those who invests in this centralized tokens will regrets as they will manipulate by adjusting the demand and supply thus your investment will be struck for years and occasionally whenever dev team needs some buck they will pump the coin to get fresh investments from market and then they will cashout like they had been doing it for years. XRP is a well know most centralized token ever created since inception of crypto and it would be nothing shot of foolishness if we especially those who have been in this domain for sometime end up buying their lies.

[KingsDen]

Do not mind all these. We all know that XRP increased significantly in January of this year. So they will use this to deceive people just as they deceived them with ethereum in 2020/2021. But what happened after? Disappointment. Ethereum disappointed many people as it has not got to all-time high up till now.

The xrp case could be different from Ethereum. This is because of xrp alleged US origin and the news of xrp and Sol as strategic reserve options or alternatives.

It's a trap, we have witnessed this in the past and those who invests in this centralized tokens will regrets as they will manipulate by adjusting the demand and supply thus your investment will be struck for years and occasionally whenever dev team needs some buck they will pump the coin to get fresh investments from market and then they will cashout like they had been doing it for years. XRP is a well know most centralized token ever created since inception of crypto and it would be nothing shot of foolishness if we especially those who have been in this domain for sometime end up buying their lies.

You are correct. In as much as you are correct, also remember that xrp is not a today's coin. They have suffered for long and persisted in the market. This could be there lasting glory time.

[Charles-Tim]

The xrp case could be different from Ethereum. This is because of xrp alleged US origin and the news of xrp and Sol as strategic reserve options or alternatives.

Okay, let us see what will happen. They are not worth it. Be careful of solana. Also ripple.

[passwordnow]

There is an unstoppable and unending comparison of all projects on how they were accumulated and made much over the period of time to Bitcoin and now with Ethereum. There is no problem with that but we always get to see such claims that they're having huge gains and telling us that it's better if people accumulate them.

The xrp case could be different from Ethereum. This is because of xrp alleged US origin and the news of xrp and Sol as strategic reserve options or alternatives.

Okay, let us see what will happen. They are not worth it. Be careful of solana. Also ripple.

For what they are worth it as they say, as long as it's profitable they'd stick around. It worries me that these strategic reserves are going to be the next trend. It's becoming the ICO way of the government.

[Charles-Tim]

For what they are worth it as they say, as long as it's profitable they'd stick around. It worries me that these strategic reserves are going to be the next trend. It's becoming the ICO way of the government.

See my post in January 2023 about Solana:

Why I dey monitor this two be say Ethereum obviously go dominate the space again since Solana dun dey shake

After Vitelik Buterin tweeted this, solana price rose from 7.8 to $26.68, the second that I knew that grew most recently. Although, we should consider this coin as gambling because of its high price volatility.

Me I neva invest for any altcoin before but e don tey wey I don dey eye dis solana and I get strong hope for am say for dis bull run e go do very well. But after I see the criticism about the coin, I no go too reason am like before and even if I still need to, I no go like invest with full hope like before. Make d coin no come lose him backings wen person don put money for am, e go better make person sit down reason again before taking any step (risk) sha.
To me, I still feel BNB go get future price potential than Sol in the coming bull run.

Bitcoin is the best. But if you want to gamble with altcoins, that is good, but you should regard it as gambling. Solana is one of the best coins is what I can tell you. You can make more research to know about that.

Pardon me because it is on a local board. I knew Solana will increase significantly. But altcoins are altcoins, the dump is coming. Do not mind those that said Solana is going $500 or $800. Not this time. But expect the price to fall significantly when the massive bear market comes.

[passwordnow]

For what they are worth it as they say, as long as it's profitable they'd stick around. It worries me that these strategic reserves are going to be the next trend. It's becoming the ICO way of the government.

See my post in January 2023 about Solana:

Why I dey monitor this two be say Ethereum obviously go dominate the space again since Solana dun dey shake

After Vitelik Buterin tweeted this, solana price rose from 7.8 to $26.68, the second that I knew that grew most recently. Although, we should consider this coin as gambling because of its high price volatility.

Me I neva invest for any altcoin before but e don tey wey I don dey eye dis solana and I get strong hope for am say for dis bull run e go do very well. But after I see the criticism about the coin, I no go too reason am like before and even if I still need to, I no go like invest with full hope like before. Make d coin no come lose him backings wen person don put money for am, e go better make person sit down reason again before taking any step (risk) sha.
To me, I still feel BNB go get future price potential than Sol in the coming bull run.

Bitcoin is the best. But if you want to gamble with altcoins, that is good, but you should regard it as gambling. Solana is one of the best coins is what I can tell you. You can make more research to know about that.

Pardon me because it is on a local board. I knew Solana will increase significantly. But altcoins are altcoins, the dump is coming. Do not mind those that said Solana is going $500 or $800. Not this time. But expect the price to fall significantly when the massive bear market comes.

Thanks mate.
It is for sure that the price will drop significantly once we enter into the bear market. And those that have been pushing higher prices, they're more unlikely to happen when everyone shouts that it is going to the moon. I didn't invest on SOL for reasons and if holders of it managed to sticked around and made much profits, congrats to them and it's true that there's a risk, a gamble in it.

[TastyChillySauce00]

it's mainly because XRP is a hot crypto right now, with all the gains, people have made fortune, but eventually the holder will decline as well, it's basically just a trend and a cycle.
as for bitcoin, as far as I know the people who hold low amount as low as 0.001 BTC don't bother to self custody because they see it as just more of a complicated thing to do for low amount of money, it's different if someone owns 1 bitcoin.
so I don't think comparing based on this data is fair though.

moreover, so many people out there just hold their BTC in CEX because they don't bother but only want to invest, that without counting ETF.

[Adbitco]

Do not mind all these. We all know that XRP increased significantly in January of this year. So they will use this to deceive people just as they deceived them with ethereum in 2020/2021. But what happened after? Disappointment. Ethereum disappointed many people as it has not got to all-time high up till now.

I have been having this same feelings as well because altcoin aren't to be trusted with 100 percent with the way people are being brainwashed, though there is nothing wrong holding it but i don't think this coin would cross above this price as it is now, even if it would cross then we can project it to be at least more 2 circles because what I saw about this pump is to drag more investors after they had faced challenges for years.

[Frankolala]

Do not mind all these. We all know that XRP increased significantly in January of this year. So they will use this to deceive people just as they deceived them with ethereum in 2020/2021. But what happened after? Disappointment. Ethereum disappointed many people as it has not got to all-time high up till now.

I have been having this same feelings as well because altcoin aren't to be trusted with 100 percent with the way people are being brainwashed, though there is nothing wrong holding it but i don't think this coin would cross above this price as it is now, even if it would cross then we can project it to be at least more 2 circles because what I saw about this pump is to drag more investors after they had faced challenges for years.

It's a norm that we see some of these altcoins pumps and later dump and cannot create a new ATH again. Their price movement will be very slow to recover. XRP is not exceptional, and I believe this recent pump doesn't mean that it will perform very well in future or that XRP has reached the end of the tunnel for light. Look at Ethereum having ETF, still the price is a big disappointment in growth.