earlier today, i saw someone predicting that XRP will enter $100 i was like mehnnnn you're so daft, That would give it an almost $6T market cap more than Apple, Microsoft, and Bitcoin combined.
It’s not the “chosen one”, it’s just an old remittance token with fading hype and max bagholder cope.
This dream is delusion.
Agreed with this exactly and there are tons and tons of remittance blockchain out there that have higher tps.
Nobody is buying some random low use case altcoin for that much of a price.
Even ETH with its lush ecosystem is still pretty much undervalued because altcoin is an entire different category, that's why bitcoin dominance still high nowadays.
XRP is just another alt that occasionally pump and thats it.
Because XRP is just a companies product. No other coin is a "product" from a company, it's either made my devs, or it's decentralized, or whatever. Even stuff like BNB, which was definitely made my a company, has the side of Binance exchange supporting it, so there is a reason for it to exist. But there are NO projects, which is just two guys, who start a company, deal B2B, and has nothing else than just the product. XRP is just that and because of this it is not going to get any higher.
We have seen it have the bull run it always dreamed about, but what happened has happened, we are not going to see it change much. We should realize the best we can do at the moment, would be just getting reasonable and sell our XRP and pick something better up.