XRP, what is holding you back?

[Abiky]

XRP - The never-mooner -
An XRP pump/spike is imminent. Okay, but what is stopping it from touching the 4 USD mark?
The ATH has been around 3.84 USD in 2018 I suppose till date. The SEC issues got resolved last year, what is the hold up? Why does it always slide back?

XRP is a bad bet, mate. Part of this has to do with the fact that most of the XRP in circulation is in the hands of the issuing entity (Ripple, Inc). Not to mention, there are billions of XRP in circulation. It's like a "meme" coin, only to have a partnership with banks. Right now, XRP is worth $1.73. It's far from its last-recorded ATH of $3.84. XRP has barely touched $5. So much for the hype, right? What more can we expect of a centralized "cryptocurrency"?

I'll choose XLM (Stellar Lumens) over XRP because of its decentralized design. Who knows? Maybe this coin will be the one to get the spotlight. I'd pay close attention to the market, just in case.

[TastyChillySauce00]

XRP - The never-mooner -
An XRP pump/spike is imminent. Okay, but what is stopping it from touching the 4 USD mark?
The ATH has been around 3.84 USD in 2018 I suppose till date. The SEC issues got resolved last year, what is the hold up? Why does it always slide back?

XRP is a bad bet, mate. Part of this has to do with the fact that most of the XRP in circulation is in the hands of the issuing entity (Ripple, Inc). Not to mention, there are billions of XRP in circulation. It's like a "meme" coin, only to have a partnership with banks. Right now, XRP is worth $1.73. It's far from its last-recorded ATH of $3.84. XRP has barely touched $5. So much for the hype, right? What more can we expect of a centralized "cryptocurrency"?

I'll choose XLM (Stellar Lumens) over XRP because of its decentralized design. Who knows? Maybe this coin will be the one to get the spotlight. I'd pay close attention to the market, just in case.

Not to mention that XPR just got a really big competition on the market that is onboarding institution daily like Digital Asset's canton network.
The dream about XRP being used for payment rail is no more. DTCC, JP Morgan, Franklin Templeton and other big players are onboarding in canton network while the best XRP can do is just western union  .

A centralized blockchain eating another centralized blockchain market share wasn't on my 2026 bingo card.

[wozzek23]

The SEC issues got resolved last year, what is the hold up? Why does it always slide back?

The massive supply? Yeah, XRP got ~60 billion circulating supply hence how you could expect price to sustain, it would obviously keep falling if there would not be enough use cases. As of now, I read some banks are making use of XRP for their settlements but seems like that volume cannot stop XRP from sliding down. If XRP goes for regular burning process, I am sure that we can see some bullish action in XRP market but not heard anything about burning schedules for XRP.

What more can we expect of a centralized "cryptocurrency"?

For speculative assets, I believe that being centralized would be a right back up. We do see how USDT or BNB is being successful through corporate back up. Ripple corporation promised about few use case for XRP so I guess we may need to wait before rushing for a conclusion.

The dream about XRP being used for payment rail is no more. DTCC, JP Morgan, Franklin Templeton and other big players are onboarding in canton network while the best XRP can do is just western union

But as per my guesswork, Ripple corp got more massive budget for marketing and for obtaining business because they have cashed out very big amounts through their multiple pump and dump of their own coin. So, if they really care XRP, then we can see few more real use cases for XRP otherwise XRP will join the group with doge.

[SirLancelot]

^ As long as some company has the ability to print more, there will never be a trust to it. USDT is different because it promises that it will back it with cash, meaning 1usdt will always be 1usd, and while I do not trust them, I understand why others would, because there is a backing and even an audit of it as well.

BNB on the other hand is backed by the biggest exchange in the world, with a burning process, and also uses its chain for many tokens to be created as well. XRP has none of this, no backing by cash, no trusting the company, no big exchange, no chain to use, basically it's a useless shitcoin disguised as a big one. If XRP gets any of those then maybe it will do fine, but so far it's useless for us, maybe useful for banks but not us.