“Is XRP the Titanic? Watching It Sink While HODLers Stay on Board!”

by

Oh, the melodramatic whispers of @WKahneman, a bard of the semi-satirical realms of the digital “Mannet”! What glorious optimism, what delicate irony as the noble XRP pirouettes downward with its merry altcoin cohort. The recent pump, fat on the news-teat of U.S. crypto reserves, dwindled into a practiced yawn—a familiar wink-and-nod to traders smirking over spilt coins.

The Masterfully Delusional Cheery XRP Army 🎉

And yet, the XRP loyalists, fueled by what seems like caffeinated sunshine and maybe some denial, remain undeterred. “Still ahead of $0.40 all year!” crows Wrath of Kahneman, probably while sipping a smug latte. Ah, perspective—where hope meets selective memory.

I know it’s not a great run for #XRP price the last couple of weeks, but it’s still way ahead of $.40 all year 🙂 #Perspective

— WrathofKahneman (@WKahneman) March 9, 2025

For a fleeting moment, XRP held aloft by the breathless U.S. crypto reserve tease, tasted relevance before plummeting like Icarus with melted wings. U.Today cooed earlier that XRP, alongside Solana (SOL) and Cardano (ADA)—the hipster cryptos of the blockchain soirée—might cozy up with the Bitcoin (BTC) and Ethereum (ETH) darlings in this reserve. [Insert dramatic gasp here.]

Oh, but spare a moment’s pity for those forlorn souls who splurged on XRP above $2.60. As the community poet astutely tweeted, “the basics remain unaffected.” Basics, indeed—a euphemism for dwindling numbers, one might suggest.

Despite the news maelstrom, it’s good to remember the fundamental thesis hasn’t changed.

Remember the SEC? That gleeful antagony, that bureaucratic epic? In 2025, the U.S. SEC dropped cases faster than your phone drops crypto trading apps. OpenSea, Kraken, and other A-listers walked free, and now, optimism brews that Ripple might soon dance away from its courtroom shackles. A standing ovation in advance, naturally.

33% Down—Or as XRP HODLers Call It, “A Character-Building Exercise” 🤷

Alas, since lording over January 2025 peaks like a punch-drunk prom king, XRP is down by a soul-crunching 33%. The cryptocurrency—an ongoing tug-of-war between blind faith and brutal math—settles today at a modest $2.20, down another 2.3% in 24 hours. Ouch.

And let us not forget the purging of $30 million in XRP positions in a cathartic tsunami of liquidations. A grand 70% of those were longs—sweet, clueless longs—buoyed by a conviction as sturdy as tissue paper in a rainstorm. Thank you, CoinGlass, for this delightful schadenfreude-inducing revelation.

A symbolic image of hope and despair in cryptocurrency.

So there you have it, an ethereal dance with numerical despair, a passionate ode to those steadfast souls in the XRP army who refuse to abandon ship even as the iceberg looms—or perhaps is already in the hull. Bravo. 🎭

Read More

2025-03-10 18:46