Why has XRP been the most successful mainstream coin in the current run up?

it's a combination of things which include the Fed Lawsuit loss, bull market cycle and federal integration with the new administration.

ultimately, XRP is not much more than a remittance and payment token... to me there isn't much value there.

the price shot up when XRP was relisted at major exchanges.

https://xrprelist.com/

1. 'Exchange-traded fund (ETF) issuer WisdomTree has reportedly filed with the U.S. Securities and Exchange Commission to launch a spot XRP ETF. If approved, the WisdomTree XRP Fund would be listed on the Cboe BZX Exchange with the Bank of New York Mellon as the administrator. A ticker symbol is yet to be assigned. '

2. xrp got a deal w Saudi arabia to be their official currency provider and also for apple pay

3. from one of the crypto resources i look at

'XRP has been pumping like crazy. This has everyone wondering if XRP is about to become the world’s next reserve currency, even the non-believers. After all, it’s flipping large cap cryptos left and right!

Interestingly enough, this seems unlikely simply because XRP and its stakeholders seem to have changed their strategy. Recent developments suggest that XRP is looking to appeal more to retail crypto users.

This could have some fascinating implications for XRP, such as its coin being used as collateral in its upcoming DeFi protocols. The result could be tens of billions of dollars of speculation on XRP altcoins.

Good points but it will never become the world's reserve currency because it's too centralized.

I don't own any and agree with you as well, crazy how many US people I know that are so incredibly bullish on it; i find it kind of wild. Was just posting additional pieces of news to support why the price has gone up so much to answer the question asked

Banks might use XRP and rlUSD for settlement but the way it works all demand should be cancelled out by equal selling.

Bank of Italy owes Bank of France $2,000,000. BoI would have 2 million rlUSD and use that to buy $2M worth of XRP. It would then transfer the XRP to BoF to settle the loan. Here's where XRP holders are mis-guided IMO. BoF isn't going to hold onto the XRP they're going to sell it for rlUSD and put that on the books for settling the loan. Holders think all these banks are going to take the counterparty risk of keeping XRP for duration for longer than the transfer. Banks don't want to speculate on XRP, they want their loans paid off.

Almost hit 60cents today. No doubt we are going to a deuce!

Don’t think I’ve seen these mentioned here yet or lately.

AIXBT on base. Easily the best AI alpha coin rn…it will answer ?s on twitter but eventually will be fully closed off.

HYPE aka hyperliquid. This will go parabolic once the evm launches. T1 cex listings will come and with essentially a cult following of whale holders there will be a supply shock bc ppl want to hold longterm. If you farm at all it is 100% a necessity to start using hyperliquid immediately.

CHEX. Simple play. Tokenizing rwa and they’re even regulated.

GS aka Gammaswap. This is really deep in the defi trenches, but the product is amazing. They just don’t know how to explain it to ppl yet. Kinda like pendle last cycle. Kinda high fdv but the mc is low and in the right hands.

I don't think are looking for shytecoin recommendations...

I'm just going to stick with Sui, Solana, Eth, BTC, building a bot right now that runs off sentiment analysis from YouTube transcripts and Twitter API and establish who moves the market the most. I say that but I know I'm going to buy some random **** coins when they lead the market.
I can't wait until Solana and Eth breakout. I do need a solid 2c-10c crypto product that fits the the Sui and Solana mould... anyone got a suggestion ?????

You guys think total market cap is getting near to 10trillion this cycle?

XRP to $100, that's 57 trillion alone

You have an XRP xmas jumper don't you?

If XRP goes to $100 I can buy any jumper you can imagine.

congrats jack, you're in good company https://forumserver.twoplustwo.com/1...l#post58819586

XRP was the first protocol I bought when I first started this journey... I bought something like 35,000 tokens at $.19 and sold when I doubled up. Oh well, this really sucks.

I bought at 0.21 and sold about 40% at $1.05 to chase defi scams in 2021. Ragrets

Regerts...

you've been early to this one. enjoy those gains

Sup feckers, I am going to create feckcoin today.

If you could divide the crypto market into sections, what would you add? try avoid overlap.

meme,
defi,
eth ecosystem,
sol eco,
sui eco,
stable coins,
Dao,
Core (BTC eco, XRP),
BNB Eco

Here's what we look like over last 365 days. fu meme coins.

Let me know if I missed any of your favs, I'll randomly paste this with some data I'm scraping. Using Gemini 2.

Coin, 30d, 1Y

BTC, 15%, 143.6%

ETH, 24%, 79.7%

XRP, 252.7%, 282.1%

SOL, 10.2%, 245.5%

Dodge, 10%, 341.9%

Dot, 76.2%, 32.2%

Sui 55.6%, 640.6%

Pepe, 82.3%, 1654%

Near, 33.8%, 218.2%

Floki, 26.8%, 548.8%

Hot air rises

In a funny place. Mostly back in stables. On the side lines. since that flash crash the other day.

BEAM is pulling back. Super is still pumping. I think I got to be patient right now. Wait for a pullback. Link I’m eyeing. I think LINK makes a new ath soon

It's interesting that in both early Jan 2021 and Jan 2017 there was a correction of 20-30 percent. Followed by a quick recovery come inauguration date and by end of month.

I and most of my friends/contacts are basically fully deployed or essentially fully deployed so quite interesting to see someone w complete opposite situation. Have eth I can swap into bags if they go lower and I rly want the entry and otherwise will just ride any potential downswing. Think too risky of missing the huge uptick by not being deployed now

Going back to end of summer is when I started preparing most of my bags; I missed the early 2024 mini alt season other than my tao/sol/ticker bitcoin as was still at that point in all btc/eth (4:1+ btc/eth allocation too). Although just being early into tao and having added sol at 20-40 range and these 2 being by farrrrrr by largest alt allocations ended up working out great anyway

Beginning of June I think I only had a total of 8 coins in my entire portfolio
BTC/ETH/Tao/SOL/Ticker Bitcoin/Avax/Link/0x0 + MIL that I waited 8+ months for to retrace down to 2ETH floor price to get entries on

Now I have 36 coins in my portfolio and added some NFTs from June-Oct too. Been focused mostly on AI related tokens as have a couple friends who do a ton of work giving me some ideas and both hugely bullish on AI tokens thinking they are super undervalued and that there could be a bubble on them and they just explode. Think AI tokens make up nearly half the portfolio in terms of # of coins

what are AI tokens? do they purport to have any utility or are they meme coins riding the AI popularity wave? tried researching a little bit (documentation for supposed top AI coins by market cap) but it all appeared nebulous to me. guessing i'm this guy