Latest / The Paul Barron Crypto Show / XRP Frenzy Begins!🚀Smashes Through $1🔥
Transcript
- 0:05Speaker 1: Let's talk about the XRP frenzy that has been happening
- 0:08Speaker 1: over the weekend. What does this mean for tokenholders? What
- 0:10Speaker 1: does this mean for the future of XRP. And also
- 0:13Speaker 1: we'll be throwing in some stuff on mean tokens. You
- 0:16Speaker 1: don't want to miss it. My name is Paul Barron,
- 0:17Speaker 1: Welcome back in the tech path. I want to thank
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- 0:52Speaker 1: to our first tweet. Right here, Zach Rector. He's saying, Hey,
- 0:54Speaker 1: so many TikTokers pumping on XRP. XRP is the TikTok token.
- 1:00Speaker 1: There was a lot happening, so I wanted to do
- 1:02Speaker 1: a recap video on this. Take a look market sell off,
- 1:06Speaker 1: but not for x RP. It is exploding towards the
- 1:09Speaker 1: one dollar markt XRP just had one dollar thirty on
- 1:13Speaker 1: coins and I can't believe it. Okay. Xrp's impressive price
- 1:21Speaker 1: search has happened at a time when bitcoin lost momentum.
- 1:26Speaker 1: First off, Gary Ginsler set off this tweet pretty much
- 1:29Speaker 1: saying I'm done whatever, take your money, get out of here. Gary.
- 1:42Speaker 1: We've been held down by the government for years. Gary
- 1:45Speaker 1: Ginsler resigning. I genuinely have never been so bullish an
- 1:48Speaker 1: XRP get in it. They used to think we were crazy.
- 1:56Speaker 1: My god, it finally took off, and you know that's
- 1:59Speaker 1: how Grandpa made all his money. Donald Trump is going
- 2:03Speaker 1: to be meeting with Brad Garlinghouse and you know may
- 2:06Speaker 1: be involved in that form what it looks it looks
- 2:07Speaker 1: like too. Remember Donald Trump, I told you about what
- 2:10Speaker 1: he was doing with US cryptos and how you want
- 2:12Speaker 1: to eliminate taxes on them. H BAR is officially up
- 2:14Speaker 1: over one hundred percent, but then chaos on binance. People
- 2:18Speaker 1: couldn't withdraw their XRP from the exchange. Wow, it's simply
- 2:23Speaker 1: they don't have enough XRP in order for you to
- 2:26Speaker 1: withdraw your XRP. Jim Kramer said, XRP is a con Listen,
- 2:33Speaker 1: let it run hashtag, let it run Alexa. What's your
- 2:39Speaker 1: prize prediction for XRP by January twenty twenty five, XRPS
- 2:44Speaker 1: price is expected to reach one dollar and sixty two
- 2:46Speaker 1: cents by twenty twenty five. Personally, I say going towards
- 2:49Speaker 1: a dollar fifty to a dollar seveny I am predicting
- 2:53Speaker 1: three dollars my Christmas three and six bucks. Just a
- 2:58Speaker 1: simple man, people forget. Frankly, before the SEC got involved
- 3:03Speaker 1: in the crypto markets, XRP was the second most valuable
- 3:06Speaker 1: digital asset ahead of ETH. Last time it went from
- 3:09Speaker 1: like fifty cents to three dollars simply on an influencer
- 3:13Speaker 1: bullposting it in a bull run. I think if we
- 3:16Speaker 1: fast forward a year into the future, you'll see XRP unleashed.
- 3:21Speaker 1: What can this asset do if it is unleashed? So
- 3:25Speaker 1: this was an eight hundred billion dollar unlock the dollars
- 3:29Speaker 1: just to start. Oh, we're gonna go a lot higher
- 3:31Speaker 1: than a dollar. I have some XRP, I have some
- 3:34Speaker 1: xlm uh pepe Pepe said, I love it all right, guys,
- 3:47Speaker 1: So we're having fun with that. Of course, you guys
- 3:49Speaker 1: get it. If you're in crypto for long, you understand
- 3:52Speaker 1: what we're talking about here. And the cycle is here,
- 3:55Speaker 1: and we are seeing a lot, you know, from a
- 3:57Speaker 1: fundamental standpoint around XRP and ripple, and we've been talking
- 4:00Speaker 1: about that for quite a while. But I think we're
- 4:03Speaker 1: gonna start seeing a little bit of movement here within
- 4:04Speaker 1: the meme tokens themselves. You saw the piece right there
- 4:07Speaker 1: on Drop, So Drop now is a ten million dollar
- 4:10Speaker 1: market cap. This is meme tokens. Granted, if you're gonna
- 4:12Speaker 1: put your money in these things, just for understand, you're
- 4:15Speaker 1: gonna lose it all that's the number one thing. But
- 4:17Speaker 1: you're gonna have fun with it. But the idea is
- 4:20Speaker 1: there's gonna be some winners out there on meme tokens.
- 4:22Speaker 1: We've already seen this happen so many times, all right,
- 4:25Speaker 1: So they are already getting listed over on bit true.
- 4:28Speaker 1: So this will be another reason that we do see
- 4:30Speaker 1: pumps like this all around, especially some of these meme tokens.
- 4:33Speaker 1: Could Drop be the select winner of XRP. There's always
- 4:37Speaker 1: an you know, a lead meme token that kind of
- 4:40Speaker 1: leads the way on all these chains, is Drop the
- 4:43Speaker 1: one to play out on this one. Just kind of
- 4:46Speaker 1: look at x P market. This is where you can
- 4:48Speaker 1: track a lot of this. This is of course the
- 4:49Speaker 1: movement on Ripples, which is another meme token out there,
- 4:53Speaker 1: almost running up and hitting it all time high. And
- 4:56Speaker 1: again here of course is Ripples on x Also they're
- 5:00Speaker 1: expecting to get listed on bit true as well, so
- 5:04Speaker 1: again more availability will usually cause these things to pump
- 5:08Speaker 1: further on x Just to give you an example of
- 5:10Speaker 1: the number of wallets that gamen wallet expanded to look
- 5:15Speaker 1: at the explosion you had right here from what was
- 5:18Speaker 1: it around twenty thousand wallets all the way up to
- 5:21Speaker 1: over sixty four thousand wallets coming in on jaman That
- 5:24Speaker 1: is the XRP wallet that's available out there. Just in
- 5:27Speaker 1: case you guys don't know, but check it out. Jamen
- 5:30Speaker 1: Wallet's a good wallet. And then this was a video
- 5:33Speaker 1: that we did talking with the Dexalot team and When
- 5:37Speaker 1: we were talking with them, the topic came up of
- 5:41Speaker 1: could XRP eventually meme tokens be listed on dex a
- 5:45Speaker 1: lot is that as a possible feature that could come
- 5:48Speaker 1: into it. He agreed, Yes, that's a possibility. So big
- 5:51Speaker 1: opportunity there. You look at where XRP is holding right
- 5:55Speaker 1: now with the number six token. I want you to look.
- 5:57Speaker 1: Let's just kind of zoom in on this right here.
- 5:59Speaker 1: Look at the amount of volume that we're seeing here,
- 6:01Speaker 1: nine point six billion. Look at what it's flipping. That's
- 6:04Speaker 1: B and B right there, and what is right above it, Well,
- 6:07Speaker 1: that's Salana. Guys, that's Solana right there. So interesting that
- 6:11Speaker 1: B and B halted withdrawals on XRP. Interesting. Further talking
- 6:17Speaker 1: about this, US based cryptos are out performing the market.
- 6:20Speaker 1: This is absolutely thrive. And the reason this has happening
- 6:23Speaker 1: is Trump talking about potentially advantages to crypto companies based
- 6:29Speaker 1: in the United States that are crypto American cryptos, and
- 6:33Speaker 1: of course that's where you see XRP, XLM hbar eight algo.
- 6:37Speaker 1: All these were popping over the weekend because of just
- 6:41Speaker 1: a little bit of juice coming in from President Trump.
- 6:46Speaker 1: And I think the key here is going to be
- 6:47Speaker 1: will Ripple be tied into something that Trump is doing
- 6:50Speaker 1: around strategic reserves or something else around crypto in general?
- 6:55Speaker 1: This is going to be an interesting thing to watch
- 6:57Speaker 1: for sure. By the way, Ava Labs is based in
- 7:01Speaker 1: the US. Well, we know what that is. That's also Avalanche.
- 7:05Speaker 1: So could Avalanche be a sleeper token out there playing
- 7:08Speaker 1: into this? All right? So let's remember we did a
- 7:10Speaker 1: big video with goldbugs, and this right here was a
- 7:15Speaker 1: good one because it broke down what was happening within bricks,
- 7:19Speaker 1: how Ripple was involved, and could maybe now be the
- 7:23Speaker 1: time where maybe some gold people start to look at
- 7:27Speaker 1: an alternative asset. Could that be moving into XRP another
- 7:32Speaker 1: big factor that plays out into the long term opportunity
- 7:35Speaker 1: of where XRP could be going. Just so you remember,
- 7:38Speaker 1: this is Matt Hogan. We've had him on our show
- 7:40Speaker 1: before also talking about Ripple and XARP and what was
- 7:43Speaker 1: the number one concern before many of his investors would
- 7:48Speaker 1: come into the market. Well, it was regulatory concern. In fact,
- 7:51Speaker 1: he did a full survey on this regulatory concern number
- 7:56Speaker 1: one and that was in twenty twenty three. Well, guess
- 7:58Speaker 1: what Gensler's on his way out. We're going to have
- 8:00Speaker 1: a pro crypto house, Senate and presidency. I think that
- 8:05Speaker 1: now is off the board. This could really start to
- 8:08Speaker 1: again be a huge opportunity. Now. I know you guys
- 8:11Speaker 1: always want to go, where do you get these meme coins? Well,
- 8:13Speaker 1: XP market is one of those. We're going to try
- 8:15Speaker 1: to get the XP market team on to talk about
- 8:17Speaker 1: this a little bit later. But this is a good
- 8:19Speaker 1: example to go out and explore some of the meme
- 8:22Speaker 1: tokens out there and just learn about the ecosystems. As always,
- 8:26Speaker 1: not investment advice, but you should always do your research
- 8:28Speaker 1: and check things out, understand what meme tokens are. If
- 8:31Speaker 1: you're brand new to that, go back and watch. There's
- 8:33Speaker 1: plenty of videos out there on it from us. All right.
- 8:36Speaker 1: If you guys are not in our Diamond circle, get
- 8:38Speaker 1: in right now. It's a great place to get additional content. Also,
- 8:40Speaker 1: follow me out there on x at Paul Baron. We'll
- 8:43Speaker 1: catch you next time. Right here on Techpath