en
Back to the list

XRP Army Argues XRP Needs Multi-generational Time to Produce Multi-generational Wealth

source-logo  thecryptobasic.com 25 November 2023 09:55, UTC

Prominent figures in the XRP community have recently sparked conversation around the extended period that XRP has stayed at lower prices as they eagerly await its bull run to make investors affluent.

In a recent post, Yassin Mobarak, founder of Dizercapital, argued that achieving the widespread promise of multi-generational riches expected via holding XRP entails a wait spanning multiple generations.

In his words:

“It appears the multi-generational wealth XRP is supposed to produce requires a multi-generational wait time.”

It appears the multi-generational wealth $XRP is suppose to produce requires multi-generational wait time. https://t.co/PqIIz3HNM4

— Yassin Mobarak 🪝 (@Dizer_YM) November 24, 2023

Mobarak’s lighthearted remark elicited similar humorous comments from the XRP Army. For instance, XRP enthusiast Darren Carlson echoed Mobarak’s sentiment. He commented that the wait time could indeed span into decades, suggesting he could have been confined to a wheelchair by the time the XRP-induced wealth materialized.

Besides, the Dizercapital founder concurred with Carlson’s metaphorical expression.

XRP on Black Friday Sale

Notably, these conversations were built on a tweet by XRPP (XRP Productions), a satirical X account focused on highlighting humorous perspectives about XRP.

XRPP’s post simply read, “XRP has had a Black Friday sale going on for the past decade,” with a “Fight me” note alongside, suggesting the XRP Army should contend his bold claim.

Meanwhile, members of the XRP community found XRPP’s take amusing, with many consenting to the truthfulness of his claim.

Notably, the tweet about XRP having a Black Friday sale for the past decade uses satire to suggest that the value of XRP has experienced a prolonged decrease or discount over time. It is a playful way of commenting on the cryptocurrency’s price trends, implying that its value has been consistently lower or downward, akin to a perpetual sale.

While XRPP’s statement was made for comedic effect, it bears elements of factual information about XRP’s market. In particular, XRP’s all-time peak was realized nearly six years ago, despite a bull market occurring in 2021, with many digital assets reclaiming new highs.

With XRP wallowing through a greatly prolonged accumulation period, prominent market analysts have argued that its next astronomic breakout could see it trade at $90.

thecryptobasic.com