Scott L Byrd—Roost Strategies
Region: US
Tuesday 03 November 2026 13:54:39 GMT
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dingqong44 :
Scott, this isn’t the market just shaking people out that are emotional? Are we trying to time the market?
2026-11-06 22:32:54
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Tik Toker :
The XRP army can read financial disclosures and see how the XRP token went from being presented as an international settlement protocol for hundreds of foreign currencies and pitched as a tier one asset one day to being fully removed and replaced by RLUSD (because its “stable” and not volatile during the transactions which only take 3-4 seconds to execute). So that leaves XRP only useful for a small niche of currencies (mostly underdeveloped emerging nations) like Nigeria and others in what they call “exotic” regions. That’s the unfortunate truth. That’s not what we were told and that’s a significant change to the use of XRP which is the basis of how its value is determined. And now to offer a more attractive platform for AI agents to build on the XRP ledger, they are working on opting out from using the XRP token entirely. So the little that was once burned as a gas token won’t be required anymore. It sounds like they just want retail to continue buying at the bottom and support the token and when it pumps to $3, they dump their coins and millions are sold. So now we hear they want to focus on XRP moving forward?
2026-11-03 16:26:48
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