XRP Defies Market Meltdown—Surging 800% to $15 While Rivals Collapse
While Bitcoin and Ethereum bled double-digits today, Ripple’s embattled token ripped past $15—its highest level since the 2021 bull run. The rally comes despite zero major exchange listings, no protocol upgrades, and SEC lawyers still circling like vultures.
So what’s fueling the pump? Three theories:
1.
Whale Games
: On-chain data shows two fresh wallets accumulating 120M XRP ($1.8B) this week. Classic buy-the-rumor play before the inevitable ’institutional adoption’ press release.
2.
FOMO Math
: Retail traders chasing the only green chart in their portfolios. Because nothing says ’sound investment’ like a 5-day parabolic rally during a liquidity crisis.
3.
The Lawsuit Discount
: Some degens bet the SEC case will settle—ignoring that even if Ripple wins, it proves XRP’s centralized nature. But hey, since when did crypto fundamentals matter?
Meanwhile, hedge funds quietly load up on put options. Because on Wall Street, they know the real money isn’t in riding pumps—it’s in shorting the bagholders after the music stops.
