Why Ripple’s 470M XRP Lock Won’t Save the Day!

by
  • XRP’s tokenomics? Oh, they’re like a bad Tinder date.
  • Holder’s confidence? It’s like holding a thread… in a hurricane.

After what can only be described as a dumpster fire of a week, Ripple (XRP) slipped back into the mud it started May with. It ended the month down 1%. The only other crypto to return its May gains like XRP? Cardano (ADA). So, congrats to them both. 😬

Fast forward to June, where XRP is like a toddler trying to stand for the first time. But, does it actually have legs? Or is it going to faceplant and cry for its mommy? Holders’ patience is hanging by a thread here, folks.

Ripple’s Desperate Sprint for a Magic Bullet

Let’s take a look at the juicy bits. According to a recent Glassnode report, 70% of XRP’s capital got scooped up near the $3.40 peak. Translation? A whole bunch of people are stuck underwater, and they’re starting to sweat. Not in a “I’m hitting the gym” kind of way, but in a “I should’ve just bought pizza instead of crypto” way. 😳

Let’s back that up with some cold, hard numbers. XRP’s MVRV ratio dropped from a pretty 2.44 in mid-May (when XRP was flirting with $2.58) to a sad 2.04 today. 

Basically, investors are watching their unrealized profits vanish like a Snapchat message, and they’re ready to hit the “sell” button faster than you can say “buy high, sell low.”

So, welcome to that awkward zone where patience and panic are practically having a baby. The clock is ticking. The FOMO is like a distant memory, and it’s not looking good.

But hey, if FOMO doesn’t come back soon, XRP might end up like Solana: a bunch of holders bailing out, confidence crashing harder than my attempts at parallel parking. 😬

The Great XRP Liquidity Squeeze: ‘Let’s Lock Some Supply!’

Now, let’s talk strategy. Ripple’s developers are pulling the oldest trick in the book: a liquidity squeeze. How? By locking up 470 million XRP in escrow. Will that move save the day? Nah, not really. But hey, it’s something. Right? Right?

Let’s zoom out. XRP has over 58.7 billion tokens in circulation. That’s like trying to make a pizza with a million toppings. Meanwhile, Bitcoin only has 21 million. Tiny, exclusive, and fancy. 💎

One brave soul did the math: If Bitcoin hits $100 million per coin, then 1 XRP could hit $20. But after factoring in inflation, you’re looking at $1 in today’s money. Yes, that’s right: XRP could be worth a whole $1. Start saving your pennies, people. 🤡

So here’s the thing with XRP: it’s got utility, sure, but its tokenomics are like a bad reality TV show — lots of drama, but it’s not going anywhere. 😅

If Ripple doesn’t tighten up those fundamentals, the cracks in holder confidence will only get wider. And soon, it’ll be less “patient investors” and more “get me out of here!”

Read More

2025-06-02 18:24