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XRP Smashes All-Time High!🚨$10 Next? · The Paul Barron Crypto Show

• 0:06
  Speaker 1: Boom.
• 0:06
  Speaker 2: We have an all time high on XRP today. We'll
• 0:08
  Speaker 2: break it down for you what does this mean for
• 0:10
  Speaker 2: the community, but also what's driving the activity. My name
• 0:14
  Speaker 2: of Spaulberer. Welcome back too the show. Let's get into it.
• 0:16
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• 0:51
  Speaker 2: go into it. After a all time high yesterday, of course,
• 0:55
  Speaker 2: XRP is absolutely exploding. We put this chart out there
• 0:59
  Speaker 2: not too long ago and it was around the all
• 1:01
  Speaker 2: time high on the MSI sentiment, which is our sentiment
• 1:05
  Speaker 2: metric that we lay in on top of trading view.
• 1:08
  Speaker 2: If you guys want one of those indicators, make sure
• 1:10
  Speaker 2: and jump over to the website. But this was where
• 1:12
  Speaker 2: we indicated which was back here on Tuesday, and that
• 1:16
  Speaker 2: was right in before we started to see an upward
• 1:18
  Speaker 2: trend on XRP, of course coming in perfect timing with
• 1:22
  Speaker 2: the Genius Act going through the House and into law,
• 1:26
  Speaker 2: so all time high Genius Act almost like cosmic karma
• 1:31
  Speaker 2: happening there for sure. The other thing that's happening is
• 1:34
  Speaker 2: the amount of volume is insane. Right now. XRP on
• 1:37
  Speaker 2: the leader board as the number one token in terms
• 1:40
  Speaker 2: of volume over the last twenty four continues to see
• 1:43
  Speaker 2: acceleration here. This is a tweet I put out all right,
• 1:46
  Speaker 2: and for those of you who feel like you missed it,
• 1:49
  Speaker 2: this was another way which was more of a leverage play,
• 1:52
  Speaker 2: and I think this may had some indication on where
• 1:55
  Speaker 2: some of this volatility was coming from. And of course
• 1:57
  Speaker 2: obviously the price action yesterday. I want to go to
• 2:00
  Speaker 2: TikTok now because this is interesting. If you look at
• 2:03
  Speaker 2: the trends right here in TikTok studio, you can see
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  Speaker 2: some of the top trends right now are all XRP,
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  Speaker 2: XRP Army, XRP Ripple, XRP News, XRP update. You get
• 2:16
  Speaker 2: the point. They have been dominating the social sphere and
• 2:20
  Speaker 2: they've been doing it for some time. And I think
• 2:22
  Speaker 2: this is another factor when you think about the community
• 2:25
  Speaker 2: that has been driven by XRP, and of course this
• 2:29
  Speaker 2: is just over the last thirty days continuing to show
• 2:32
  Speaker 2: interest increasing as well. And again remember there's a lot
• 2:36
  Speaker 2: of people that are just now getting into x RAP
• 2:38
  Speaker 2: for the very first time. So this is just more
• 2:41
  Speaker 2: juice to the fire. I want to go to a
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  Speaker 2: clip because these were some of the TikTok reactions to
• 2:46
  Speaker 2: the all time high. Take a look what the hell
• 2:49
  Speaker 2: is going on with XORP today.
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  Speaker 1: What an insane day.
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  Speaker 2: XRP has just blasted through a critical level and is
• 2:56
  Speaker 2: now sitting at an all time high and an all
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  Speaker 2: time high in market cap.
• 3:01
  Speaker 1: I had two hundred and five billion dollars literally fucking
• 3:04
  Speaker 1: tearing up. XRP is outperforming Bitcoinquin is down. People are
• 3:08
  Speaker 1: starting to come out of the bitcoin and they're going
• 3:11
  Speaker 1: into XRP.
• 3:12
  Speaker 2: We have a little bit of pullback at about three
• 3:14
  Speaker 2: dollars and fifty cents, which.
• 3:15
  Speaker 1: Is normal, so he's telling us.
• 3:17
  Speaker 2: Now, the only thing about that's really sacred about August
• 3:21
  Speaker 2: first is that's when payments.
• 3:23
  Speaker 1: Trump says, the payments are coming. In the last administration
• 3:27
  Speaker 1: sold off eighty percent of America's bitcoin.
• 3:30
  Speaker 2: Well, he's calling it the Trump twenty seventeen cycle, and
• 3:33
  Speaker 2: that it is repeating. I got some people telling me
• 3:36
  Speaker 2: was a scam at thirty cents.
• 3:37
  Speaker 1: I mean, come on, let's just all be honest.
• 3:39
  Speaker 2: Here did we expect three dollars and forty seven cents?
• 3:43
  Speaker 1: No, I don't think anybody did outperforming ethereal outperforming Solana.
• 3:47
  Speaker 1: I'm sorry that I ever talked about about XRP. Guys,
• 3:50
  Speaker 1: I'm sorry. This is just a little wake up call.
• 3:53
  Speaker 2: I can't lie to my people.
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  Speaker 1: I have a confession.
• 3:55
  Speaker 2: I sold XRP, went it back, went up to two
• 3:58
  Speaker 2: forty because the guy you told me to buy it
• 4:00
  Speaker 2: told me that I should sell it because he thought Circle.
• 4:02
  Speaker 1: Would compete with him and I would have made millions.
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  Speaker 2: I want to cry.
• 4:06
  Speaker 1: Should I buy RAN? Now? What do you guys think?
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  Speaker 2: Oh man, the amount of TikTok. I just love watching
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  Speaker 2: TikTok because it's it's very entertaining, you know, for me.
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  Speaker 2: But Listen, it's not just the TikTokers that are out
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  Speaker 2: there trying to make heads or.
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  Speaker 1: Tails out of this.
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  Speaker 2: Well, we had Gareth and Tim on not too long
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  Speaker 2: ago and they were trying to break down XRP as well.
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  Speaker 2: Take a look at this one. We've got an XRP
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  Speaker 2: twenty twenty five high. Gareth, what do you like?
• 4:30
  Speaker 1: I'm gonna go with the three forty.
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  Speaker 2: How about you, Tim? Between five to seven dollars.
• 4:36
  Speaker 1: If we continue to see the progress with the bills
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  Speaker 1: that we see coming out with stable coins, I still
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  Speaker 1: have XRP somewhere in the world of eleven to twelve
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  Speaker 1: dollars in the world, my gosh, clear the load of
• 4:49
  Speaker 1: the banking system as well, all over the place.
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  Speaker 2: I don't even have a chart for Tim. All right,
• 4:56
  Speaker 2: So we were having fun with it. But you know,
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  Speaker 2: the point being is is that I think, now finally
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  Speaker 2: people are starting to realize the power of this ecosystem,
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  Speaker 2: and I think it's just getting started. Whether it's through
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  Speaker 2: payments or what we see happening on the Ledger, all
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  Speaker 2: of this is starting to move in the right direction.
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  Speaker 2: Here's another one right here, and of course this is
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  Speaker 2: just showing market cap comparison XRP right now with ETH
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  Speaker 2: where at ETH now where it could be. So you're
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  Speaker 2: looking at a seven twenty nine. If you look at
• 5:21
  Speaker 2: ETH all time high, that's nine sixty five, So very
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  Speaker 2: interesting with an ab comparison of the two. You look
• 5:29
  Speaker 2: at the season of reveal almost there's a lot of
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  Speaker 2: key things happening. Guys ETFs are happening, of course, treasury
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  Speaker 2: companies starting to move into the space, stable coins we
• 5:41
  Speaker 2: already know, tokenized assets also, and then of course a
• 5:46
  Speaker 2: lot which I think this is the hidden jewel, and
• 5:48
  Speaker 2: that is the XRPL EVM. There's going to be so
• 5:52
  Speaker 2: much dominance around new projects coming in there. I think
• 5:56
  Speaker 2: that could be maybe an underreported and under analyg area
• 6:00
  Speaker 2: of where growth could come from. If you look at
• 6:04
  Speaker 2: TVL continuing to climb and still trending up of course
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  Speaker 2: right there, coming off just in the June and July
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  Speaker 2: and absolutely exploding over just the last thirty days. All right,
• 6:15
  Speaker 2: So if you take a look at price and velocity,
• 6:18
  Speaker 2: even if you go back here, when we started to
• 6:20
  Speaker 2: see price climb for the very first time, velocity was
• 6:23
  Speaker 2: started to accelerate. But right now price all time high
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  Speaker 2: and velocity not necessarily in place, so we could be
• 6:30
  Speaker 2: in for something here that has just begun. If you
• 6:33
  Speaker 2: look at the interest over time, XRP is beginning to
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  Speaker 2: rival Bitcoin. Now that is a statement because when you
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  Speaker 2: see these kinds of market moves and the amount of
• 6:46
  Speaker 2: information that's being spread through social media, then you get
• 6:50
  Speaker 2: into these viral moments. Guys. These have happened before in
• 6:54
  Speaker 2: a variety of different things, including crypto, the Internet, the
• 6:59
  Speaker 2: era of digital last sets, all sorts of things. When
• 7:02
  Speaker 2: they get viral elements underneath them that kind of lift
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  Speaker 2: their wings, there's no telling where it can go other things.
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  Speaker 2: If you look at the XRP ledger, this was a
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  Speaker 2: course showing a little bit about where we will see
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  Speaker 2: the exchange reserve starting to deplete. And I don't think
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  Speaker 2: we're in for us supply shop with. The point is
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  Speaker 2: is that you're starting to see people hold on to
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  Speaker 2: XRP long term. That is something that I think is
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  Speaker 2: going to be a consistent thing. So if you're not
• 7:29
  Speaker 2: like Dave Portnoy, don't get out there and sell your
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  Speaker 2: XRP today because there may be in for a big run.
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  Speaker 2: All right, Switching topics real quick, this was quite a
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  Speaker 2: bit underreported. Japan's SBI. This is one of the largest
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  Speaker 2: holders of XRP and have really been one of the
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  Speaker 2: catalysts behind the growth in Asia and especially in Japan.
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  Speaker 2: But they're now letting users swap credit card points for
• 7:48
  Speaker 2: bitcoin eighth and XRP. Of course, I want to go
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  Speaker 2: into something. This is a Japanese website that is starting
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  Speaker 2: to show this integration in with these cards, and I
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  Speaker 2: think that is something that this is where people are
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  Speaker 2: missing the boat and the points that you can start
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  Speaker 2: accumulating and getting in on are things like Amazon, Uber Eats,
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  Speaker 2: et cetera. All of that is going to be available
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  Speaker 2: within crypto assets right there.
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  Speaker 1: So look for.
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  Speaker 2: This as a trend that will most likely take place
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  Speaker 2: across all markets globally, and will XRP be part of that.
• 8:21
  Speaker 2: I think so it is definitely on the way. Another
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  Speaker 2: thing that's playing out right here, if you just look
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  Speaker 2: at their conditions of exchange, I'll go down here, look
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  Speaker 2: what they're exchanging for. You'll be able to exchange with bitcoin,
• 8:33
  Speaker 2: eth and or XRP in terms of your reward points.
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  Speaker 2: So this is where we start to see evolution around
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  Speaker 2: how crypto is going to be used, whether it's through
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  Speaker 2: loyalty payment, all these different kinds of funds. One of
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  Speaker 2: the things that SBI has been waiting on is clarity.
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  Speaker 2: And now with the Genius Act going through yesterday, President
• 8:53
  Speaker 2: Trump's going to sign it in as we're recording probably
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  Speaker 2: right now. I think SBI has been well. They are
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  Speaker 2: in fact in anticipation of the upcoming regulatory changes which
• 9:03
  Speaker 2: have happened both in the US and also in Japan.
• 9:06
  Speaker 2: And this new reclassification of cryptocurrencies UH is really going
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  Speaker 2: to legitimize, i think, all their financial products. And then
• 9:13
  Speaker 2: the reduction in tax rates which means that we get
• 9:16
  Speaker 2: a much more favorable environment all around where cryptocurrency, especially
• 9:22
  Speaker 2: x RP is going. So again, this is just more
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  Speaker 2: fuel to the fire, and I think this is the
• 9:28
  Speaker 2: very early stages of where this market could go. Another
• 9:32
  Speaker 2: thing is with SBI is they have this expo happening
• 9:36
  Speaker 2: which is happening between April and October. Engaging a wallet
• 9:39
  Speaker 2: on the Ledger the other thing that's happening. This is
• 9:41
  Speaker 2: a good example of how it's going to look the
• 9:43
  Speaker 2: digital wallet and kind of see NFTs also being integrated.
• 9:46
  Speaker 2: I want to go to a clip real quick because
• 9:48
  Speaker 2: this will explain a little bit more about how this
• 9:50
  Speaker 2: all takes place.
• 9:51
  Speaker 1: Take a look, all right.
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  Speaker 2: So I hope you're reading the subtext there, but the
• 10:15
  Speaker 2: point being is that this integration into payments is real.
• 10:19
  Speaker 2: One other thing that I want to get to is,
• 10:20
  Speaker 2: as you guys will recall that the yen Bach stable
• 10:23
  Speaker 2: coin is going to be integrated into the XRP ledger.
• 10:27
  Speaker 2: Now with that four X is one of the biggest
• 10:29
  Speaker 2: activities of that. And if you look at this right
• 10:31
  Speaker 2: you're by SBI. The country also is going to become
• 10:34
  Speaker 2: a leader on this three hundred and ninety nine billion
• 10:37
  Speaker 2: right now. That was as of October twenty four, So
• 10:39
  Speaker 2: imagine what this could be coming on to the XRP ledger.
• 10:43
  Speaker 2: More growth, guys, more potential opportunity for this. If you're
• 10:46
  Speaker 2: not in the diamond circle, make sure and get in
• 10:48
  Speaker 2: on that. It's a great place to get additional content
• 10:51
  Speaker 2: from us. And of course follow me out there on
• 10:52
  Speaker 2: X at Paul Baron. We'll catch you next time right
• 10:54
  Speaker 2: here on the Paul Baron Show.
• 11:00
  Speaker 1: If you if