XRP is down 95% against ethereum over the last 5 years. Exactly 5 years ago today, ETH was $130 while Ripple’s shitcoin was $0.31 – hasn’t even done a 2x while ETH is up 26X. Even if XRP magically pumped to $7 in the next minute, it would have still underperformed ETH over the last 5 years. And that’s on top of the additional risk XRP holders have taken on due to XRP being a lower market cap.
I only got involved with XRP in the last 2 years, all long-term holders have automatically lost, there is 0 chance they will ever make up the opportunity cost of holding the token. XRP dominance is also at record lows, partnerships have gone nowhere. I hope the SEC squashes Ripple Labs and their shitcoin and obliterates them to pieces – that way more people don’t get scammed by them.
Edit: I was banned from both r/XRP and r/Ripple for stating that market cap is an important principle and that $589 is impossible…
Also, XRP represents a tiny chunk of my portfolio and so I still hodl, but I have 0 faith and couldn’t care less about it.
submitted by /u/XRP_SPARTAN
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