CryptoTank
@Tank2033js
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Co-CEO of Ripples Entertainment. Co-creator of the token Ripples, $RPLS @rplsripples. Creating the Evolution of what a meme token can/should be.
Tampa, FL
Joined February 2023
I'm getting a lot of comments about XRP price and why it's not moving so let me explain once more how XRP price is determined for the new people to this space and those that still have trouble understanding🧵.
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SEC appeal won't matter. BRICS and Japan are still adopting XRP and they don't care about the lawsuit one bit. Brad has even stated this before. XRP is the Heart of the New Financial System no matter what. Don't get FUDded out. .
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Everyone saying 1k XRP is a fantasy doesn't understand how the utility of XRP will drive price to unbelievable levels. Just to give you an idea of how high XRP will need to be I'll give you some examples. Swift does approx $5-7 trillion in daily volume. .
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The reason why Ripple keeps getting attacked by the SEC and why they won't concede is because the SEC is controlled by the Elite banking cartels who run everything. Ripple using XRP completely destroys banks ability to fractionalize banking and will cost them hundreds of billions.
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They Sued Ripple for a reason. First they wanted 50% of XRP(which Ripple refused), then they tried to copy it (they couldn't), then they sued to slow it down looking for a different way (there isn't one). Now we are in the last phase, Adoption. This is a Global Liquidity Crisis.
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SEC Admits they have been unlawfully attacking crypto for years and picking winners(Bitcoin, Ethereum) and losers(XRP)
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You have Basel III going into effect Oct. 1st, RLUSD about to go live, strikes happening along coastal US ports, Japan implementing XRP in every bank, BRICS about to announce their new system, Brad and Chris about to speak at the Federal Reserve. Oct. will be a wild ride!! XRP!!.
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Many people have asked me "why would banks use XRP and not their own coin or CBDC?" I'll try to clear this up but I would also refer you to David Schwartz who explained this on X Spaces awhile back. Look it up. Here's why they will use XRP. .
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A lot of discussion on X about XRP price and how it will or will not rise in price. Let me offer some info on what will happen when banks are using XRP to settle large transactions on a daily basis. Here is how I see this playing out going forward. 🧵.
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When XRP takes off just remember if you sell your whole bag you have lost your future leverage. Soon you'll be able to earn yield by loaning XRP. Imagine you have $1 mil worth of XRP and you get 10%APY. You could live off 100k per year without ever selling your XRP. Be WISE.
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Many US ports are being shut down. They say it's a labor strike. It's NOT! It's due to ports no longer accepting US bonds as collateral for payments. This will cause massive repercussions in banking globally and domestic. The solution? RLUSD?🤔.
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RLUSD will most likely be live in a week and then the liquidity will come pouring into the XRPL. XRP is going to SHOCK the uninformed.
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Listen closely. The same engineers who created Bitcoin created XRP
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When XRP hits $1,000 I'll sell a tiny fraction of one bag, 2,000XRP. Just to have cash flow and reinvest in other things. My other Bags are long term holds and will be put to work earning yield and interest. Also have bags that I'll Never touch and pass it down to the kids.
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Everyone needs to calm down. Do you really think Bitwise and Canary would come out with ETF filings if they were concerned about an SEC appeal? I doubt it. .
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I can't think of a better way to FUD retail out of XRP than a practically last minute appeal by SEC. I just didn't think they would do it with Zero ground to stand on. But these scumbags did it. .
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We are getting to an inflection point where massive capital is about to come on ledger through RLUSD. This is peanuts compared to what's about to take place in the coming weeks.
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Feds cuts rates 50bp. Get ready for Japan to raise there rates. Massive reverse carry trade is about to happen again and much worse. Japan will then green light XRP at all banks and the 1st domino will fall. XRP pump hard in the coming weeks. It's Go Time.
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BRICS, FedNow, SBI, Swift, etc are about to bring TRILLIONS onto the XRPL. Once RLUSD is live, XRP will start pumping in a major way. It will happen when 99.99% are not paying attention and distracted by all the election drama and chaos.
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Once Ripple pays the fine it's game over. No appeal. RLUSD will go live around the same day or week. Then you'll see Japan markets collapse and XRP ushered in to save the day. BRICS then announces using XRP for global settlement. US stablecoin regs passed in Oct before election.
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Owning XRP will make you an important asset to banks instead of a liability. You'll soon be able to borrow against your XRP without selling and be able to earn yield for letting the bank hold your XRP. You will be very valuable to them because they will need it for liquidity.
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99.99% dont understand what is about to happen. Hundreds of billions of US bonds/treasuries are in the process of being dump by nations across the globe. The Fed has to buy them back. When they do, hyper inflation will happen. Their only recourse is blockchain technology.
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Once RLUSD is live, the AMM token pair pools will grow rapidly. This is the Deep liquidity that Banks and financial institutions will tap into to transact. Trillions will come on ledger very fast which will cause rapid spikes in XRP price. The rails/plumbing is in place & ready.
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I find it very interesting and very telling that @UpholdInc and @linqtoinc have both posted recently about XRP being $1,000 and asking what would you do. These are major companies in crypto and investing. You have to ask yourself why, what's their angle? Do they know something?🤔.
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BRICS will use XRP as the bridge currency between countries. Every nation will have it's own native digital currency. They will transact using XRP to bridge their different currencies for settlement. That is where this is going. XRP is the ONLY crypto currency that can handle it.
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1700+ NDA's between Ripple and major banks, financial institutions, and companies.
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RLUSD is meant for Banks and Financial institutions, NOT retail. When it goes live in weeks, that is when Banks and Financial institutions will green light XRP for daily settlement. Don't listen to the charters, they are All wrong. It will be much higher than anyone is ready for.
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This is the cycle where XRP seperates itself from the Bitcoin cycle. All cycles going forward will be based on XRP, Not BTC. Buckle up folks for the ride of our lives!!!.
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I Hope this gives people some clarity as to how XRP will be priced in the near future. I've wrote a similar thread before but keep getting many comnents about this so I just wanted to give a refresher to people. I hope this helps. God Bless!.
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I'm going to go out on a limb and say that BTC won't hit 100k this run. Tether will implode and BTC will drop to 10k maybe 20k. XRP will decouple from the market and in this run. The market will move on utility with XRP #1. BTC is the greatest distraction in crypto. IMO.
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BRICS Summit Oct. 22-24. I wonder what will be announced.
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It's crazy how many people complaining about XRP price and how it's been virtually stagnant for 7 years. You are looking at it the wrong way. You've had 7 years to accumulate the new world bridge currency. If you miss it that's on you. Grown men will cry like babies very soon.
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Brad recently doubled down on his prediction of $5 trillion prediction for crypto by end of 24. RLUSD is about to go live. He knows how much liquidity will be placed into RLUSD by banks. He knows what that will do to the price of XRP. People have No idea what's about to happen. .
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I want to address some questions I was asked earlier today. 1. Why would banks use XRP since Ripple created xrapid, xcurrent, and xvia that don't require XRP. The key word is "require". This does Not mean these services don't/won't use XRP. Let me explain. 🧵.
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No matter what happens with this appeal it does even matter. XRP is gloabal. BRICS summit is Oct. 22-24. They will reveal their new currency. Japan is also very close to using XRP across All banks. XRP MOONS very soon no matter what! Just hold and enjoy the ride!!!.
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Not going to be posting much the rest of the week. Getting ready for hurricane Milton. God Bless everyone in Florida!!! Pray for Us!!!🙏It's looking Ugly.
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If you don't get in now and get a plan, you will be priced out. Just to create a wallet on Xaman is 10 XRP and trustlines are 2 XRP. Not much now but when XRP is $100 or $1,000 99.99% won't be able to even afford to create a wallet much less interact and use it. Don't F this up!!.
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Tokenization is going to change the World with XRPL at the center of it. 10's of Trillions coming on ledger soon.
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Just wait until RLUSD is live and paired with other tokens on the XRPL AMM. That's when things get Crazy! XRP is going to SHOCK the world in Q4. .
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Ripple(XRP) will take a massive chunk of the volume in the derivatives market very soon
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Everyone needs to understand that the SEC cannot stop the adoption of XRP around the globe. BRICS will be using XRP for cross border settlement 100%. It's the ONLY utility token that can handle Large payments at scale. Japan, China, Russia, India, etc will be using XRP no doubt.
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This is a done deal with XRP. It WILL 100% be the "global reserve bridge currency". The financial world is about to change in astonishing ways. Get your plan in place. Sub $1 XRP will NEVER be seen again. You don't have months left, just days. September to Remember. BUCKLE UP!!!.
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Brad said 5 trillion MC minimum by end of 24. We have at least 3 trillion to go from now. It won't be BTC, ETH, or SOL that gets us there. It will be XRP and RLUSD. I expect XRP and RLUSD to be around 30% combined of that 5 trillion MC. Get ready to have your FACE MELTED!!!.
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XRP was Not meant for Retail. You're BLESSED to own it. It will soon be used for it's purpose globally. Instant Global Liquidity and Settlement. Then add tokenized debt, tokenized assets, tokenized real estate, FX markets, etc. XRP has to be very high to facilitate All that value.
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Once Japan green lights XRP for daily settlement, which will happen after they raise rates again, Swift will have no choice but to follow and settle through XRP. It's a domino effect that will just continue across the globe in a very short time period.
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XRP is the new "World Reserve Bridge Currency". Anyone holding XRP needs to understand what they hold. Don't mess this up by selling early. We are about to see some numbers we havent seen before. Get your plan in place.
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Does anyone remember or realize that XRP did a 1200% spike in 2021 after the SEC filed the lawsuit to begin with? How quickly people forget. It did that without global adoption taking place. People still believe that won't happen again? Get real. It will go much higher than that.
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Russia holding BRICS summit Oct. 22-24. They will annnounce their new financial system. UAE is implementing XRP for cross border payments. UAE is a member of BRICS. See where this is going? XRP will be the world reserve bridge currency used in BRICS. Massive adoption is happening.
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Ripple and the XRPL is the central Hub for transactions in the New Financial System
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$72.6 billion worth of Tether is in US T-bills. RLUSD will be partially backed by T-bills. So if Tether is Regulated out of the EU and US(which it will be 100%), then where do you think that $72.6 billion goes?🤔 This is All planned. Not a coincidence.
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I'm Not a believer in charts. XRP is a utility based asset and that's what will drive price. But. Every charter on X is saying something BIG is about to happen, even Bitcoin Maxi's are starting to acknowledge XRP price will rise. Interesting time we are living in. .
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There's a lot of speculation about RLUSD replacing XRP as Ripple's solution to cross border payments and ODL to banks. Let me explain why this is absolutely NOT the case and why RLUSD is being issued by Ripple. 🧵.
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@Liz_Wheeler Wow this makes Perfect sense. Just like what happened to the Greeks, Romans. Persians, and so many others. We are living through it right now.
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Japan settles about 2 trillion in dollars on a daily basis. If every bank uses XRP, like SBI CEO has said, imagine how Deep the liquidity pools of XRP and RLUSD will need to be to handle that volume. Maybe close to double that🤔 XRP has to be much much higher in price NO DOUBT.
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Brad and Chris speaking at the Federal Reserve meeting Oct. 22. FedNow will be using XRP for settlement. Big things coming very soon. Keep buying XRP while it's still sub $1. Might not see it this low ever again very soon.
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2 ETF filings now. Bitwise and Canary. Blackrock and others will announce very soon. They won't miss out on having the competitive advantage. Next week will be a flood of New and Exciting info for XRP and Ripple once the Oct 7th deadline is passed. It's All been Planned!.
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RLUSD is the key to Institutional adoption for the XRPL and XRP. Tether is about to be regulated out of the EU and US. Circle has depegged from the dollar before. This is why RLUSD is needed by Banks and why the liquidity about to flow on ledger through XRP will be SHOCKING.
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BRICS is ready to get off the dollar and settle transactions between nations through a unified ledger. What blockchain was designed and even can handle Trillions in daily volume? There is only ONE. There is ONLY ONE who has worked hand in hand with BIS, WEF, IMF for 10+ years. .
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Watch Japan and BRICS very closely. Big moves coming. Shock and Awe
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Times are tough and will get tougher but my advice for anyone is to get at least 1,000 XRP. Even if you don't believe it, haven't researched it, etc. Do it for your family and their financial security. Bitcoin is 60k with no utility. IMAGINE what XRP will do with huge utility.
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I keep saying this but watch Japan and BRICS. DEEP liquidity pools are need for them to transact. We are talking TRILLIONS daily. XRP has to be liquid enough to facilitate daily volume between nations. Even a $10 XRP is not close to being enough. It will happen almost overnight.
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I told you guys. Price will dip before we take off. Give it a week or so and you'll see. The News coming is going to Blow people away with All the Big players about to announce. B of A bank(A major Ripple partner) is down today. I wonder what that's all about?🤔.
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Now that Tether is being investigated, I expect RLUSD to go live very soon and absorb most of the lost liquidity. It's going to be EPIC!!!.
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Read this and understand what is happening. Retail will be priced out in a blink of an eye.
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There are going to be so many XRP haters FOMOing into XRP in a few weeks when price starts rising. It's going to be hilarious😅🤣😂. Clown boys from Clown World will come running saying they knew all along🤡🤡🤡. Be sure to unfollow them all for the lies they told for years!!!.
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Wow I'm very surprised! I was Wrong. Still won't stop XRP from participating in this bullrun. XRP is global and none of the other countries give a crap about the scumbag weasels at the SEC.
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"Millionaires don't use Astrology, Billionaires do". Famous Quote.J.P. Morgan. For those who don't think @bearableguy123 and @XenaXrp are legit, you are sadly mistaken. David Schwartz is a cryptographer and loves riddles. He has been dropping bread crumbs for years. .
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Just wanted to update my followers. We survived the storm in good shape. No major damage and everyone is safe. Thank you for the prayers!!!🙏 God Bless!.
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The negative trolls in my comments are ridiculous. They complain about price, I explain exactly how it works with utility, then they say it will never happen, yet they have no clue about banking or what's going on behind the retail scene. Very low IQ and just like to talk.
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Expect a little dip before we blast off🚀 Not the time to get weak hands. The Goal is in sight for XRP. .
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XRP is for serious people who understand banking and global markets. Go look at Eth and Sol conference that just took place. A total joke and clown show🤡.
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SBI of Japan. First Domino to fall for XRP's global dominance to take shape
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Most fail to understand is that it is much more beneficial for banks using XRP for it to be $1 million dollars vs $1. Deep liquidity, lower costs, less friction, free nostro vostro. The REAL Question is are they going to use XRP? Just a little research will tell you 100% Yes🤔.
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Brad told everyone years ago. Keep laughing Troll boys🤡 Clown World!
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I hear a lot of people saying that US regulations are key to XRP price. The US will be last to adopt. They have the most to lose. The rest of the world doesn't care about the US regulations. They are adopting XRP already. Systems in place. They need it ASAP to avoid insolventcy.
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Ripple has been installing the global plumbing for the new financial system for 10+yrs. All these devs complaining that Ripple doesn't do what they want when they want it, is a JOKE! In the Grand scheme the XRPL will fulfill it's role with or without you. Just do your small part.
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When XRP moves it will jump fast. It has to have enough liquidity/Depth to move high dollar amounts. Once Russia or Japan start daily transactions XRP price will have to be liquid enough to move that volume. I expect price jumps not slow rises.
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People PLEASE do yourself and your family a favor a stay away from Tether and Bitcoin. It's a ponzi scheme that will collapse at some point. Don't be the Elites exit liquidity. Invest your hard earned $ in real utility like XRP, XLM, XDC, HBAR, QUANT, ALGO,etc. Not Beta Test Coin.
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Japan has their meeting tomorrow to decide what they will do with rates. Even experts in Japan are predicting a 25bp rate hike. This will greatly accelerate the reverse carry trade and be the domino to usher in settlement through XRP across all Japanese banks.
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It's funny to me when people argue that XRP is the bankers token and it's supporting the New World Order. What do you think the dollar is/has been?Lol. You can't stop what's coming, but you can profit from it greatly and set your family up for generations if you play it smart.
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I want to address a question I've received often about TPS(Transactions Per Second) and how price is affected by TPS. Currently XRP is 1500 TPS. Which means you can settle 1500 transactions through XRP per second. As of now, this speed is enough to handle the value/volume on the.
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I think we are weeks away or less from a major breakout for XRP. Get your bags ready and have a wise plan. Keep a close eye on Japan. It's about to go down. .
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The EVM sidechain using Axelar with wrapped XRP will lock up XRP. The supply of XRP will dry up so fast. People better get on board because the train has left the station.
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I want to address some posts I made yesterday and a subsequent cryto basic article. I posted about XRP, how drops will come into play, what the price of drops would/could be, and how a price of a drop correlates to the price of XRP. So I gave some examples and what COULD be. 🧵.
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Last week of September will be very interesting. A lot of things lining up for XRP fireworks. If RLUSD goes live, it's game on. Stablecoin regulation will happen shortly after. Tether will crash and RLUSD will be the #1 stablecoin very fast. Exciting times ahead. .
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If you think XRP price will be driven by retail markets you are completely missing the plot. It's true that markets have held back XRP and the lawsuit as well but retail could only drive XRP to maybe $20. Trillions in utilty volume is coming soon.
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A storm is coming. I'm doing my part to warn you. Get out of Tether before you can't, like FTX or Terra Luna. You will get WRECKED. When this happens, be mentally prepared for Bitcoin to drop. This is when utility coins go crazy. RLUSD is almost live. It will dominate stablecoins.
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Understanding payments with XRP. When transacting XRP in the future and when using it through your traditional banking system you must understand how this will work. XRP will be the settlement asset for bank to bank. 🧵.
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You guys haven't seen nothing yet when it comes to XRP price. The banks aren't even live yet. When that happens, faces will be melted.
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You must understand that once banks adopt XRP the fiat game they have being playing by loaning out 90% of deposits over and over again ends. That's what's at stake which is why it's taken so long. The most corrupt banks are US based. J.P. Morgan, Golds Sachs. Citibank , B of A.
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I see a lot of chart guys showing FIB levels and what XRP can do this run. They will all be wrong! We are entering uncharted territory with XRP. Global adoption. Swift does 5-8 trillion in settlements daily, J.P. Morgan does 10 daily. Market cap doesn't matter. Daily volume does.
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@AlexCobb_ Very Simple. Ripple is puting the SEC payment into an escrow account to be released once the appeal time frame has expired. They are just protecting themselves in case the SEC tries to pull some last minute BS.
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