I think XRP can go to $20.
- In the bull run. - Yeah.
We are not in a bull run.
It is not time for the markets to move.
Timing I think was perfect for XRP.
I think the timing was perfect.
But it's got to take a breath.
Most evident sign from the on-chain data is the oppressed dynamic of XRP,
indicating a lack of momentum on the market.
A vital metric, the transaction volume, remains at its "presurge" level.
I love a "presurge" level.
Love a "presurge."
I think that needs a hyphen. Call me crazy.
This stagnation and transaction activity shows a clear disconnect
from the brief euphoria that engulfed the market following the SEC's ruling,
which declared that XRP was not a security.
So here's what they want you to see.
They want you to look here and--
you're telling me from this chart,
from this chart,
you're supposed to think that the price has lost momentum?
From this chart?
No way.
And I tell you, I want it--
I want to--
I want to toot my own horn.
- Will you toot my horn for me, Tim? - Toot!
Thank you.
- Hold on. Do that again. - Wait. Is that the--
was that your horn or was that a different horn?
Which is your horn?
- Toot, toot! - Ah, there we go.
- Okay. - Toot, toot!
- I'll get the right one next time. - Yeah. Thank you so much.
Sorry.
The thing is, Drew,
- is that-- - Oh, God.
What, Drew?
Okay.
The thing is, is that I told--
we talked for years on this channel what would happen when the case was over.
The price would 2-3X is what I said.
2-3X,
come back down,
and then it would slowly find support and start moving back up.
- Accurate? - The XR--
now, it did literally 2X.
We nailed it exactly.
- It was exactly in our range. - Yeah, perfectly a 2X. Yeah.
Okay, perfectly 2X.
Where are all those Ripple people,
all the Ripple Army people,
who lied to you and told you
that the price was going to surge to all-time highs immediately after the case?
How many of those people said that I was insane for thinking the price would only 2-3X?
Insane for that.
I still believe this is the No. 1 coin of the bull run.
And I always said why.
I always said why.
It's not that it--
the case is over.
It doesn't all of a sudden magically go back up.
Why?
Your average person out there that's the mainstream that we need to come in,
- they didn't even know that this was a lawsuit! - Right.
They didn't even know this was a lawsuit.
You know the only people pumping those bags?
People already in.
You know the only people jumping in that we're not in before?
People that were buying on Coinbase
because they just didn't know how to buy it anywhere else.
And got rid--
and some people felt a little like, "Okay. Now, I feel a little better."
But, now, of course, you know, we do have some lost in translations.
Some things with the case. Still, it's ongoing.
You got the appeal questions and stuff like that,
which I don't think the appeal is going to win.
Even if it does appeal,
I don't think anybody's going to care really about, you know, going forward.
The key to XRP is now it's free and it's regulated.
It's not a security.
The liquidity is there.
They can start now doing partnerships in America.
All the people that come in to buy it through Coinbase,
now, they can actually buy it.
All the exchanges relisting XRP.
This is where the value of this comes in.
And it's in the bull run.
Now, I certainly did think and still think that we might see an altcoin season.
I mean, I was ready.
I thought that things were going to move.
And it didn't.
So we were just trapped in the sideways action for the market, guys.
We're just in the--
this is the doldrums, guys.
This is the doldrums of the market that's when so many people tune out.
Really encourage you guys to stay active.
I do believe.
So, no $20.
I think XRP can go to $20.
- In the bull run. - Yeah.
We are not in a bull run.
It is not time for the markets to move.
Timing I think was perfect for XRP.
I think the timing was perfect.
But it's got to take a breath.
It's got to take a breath, guys.
So,
I definitely believe that, you know, XRP is where it's going to go.
So I think it is the future of banking.
I do believe it.
Or cross-border payments.
So it is what it is.
- But there we go, guys. - I was--
I was surprised that no one noticed you called the end of the lawsuit to the month.
We said July a year ago.
Yeah. You want to know why?
Because, in September of 2021, I said it would end in September.
And so, when I readjusted and I said,
"Okay. This thing's probably ending in the summer of 2023,"
- nobody wanted to hear it. - Yeah.
Nobody wanted to hear it then.
But for a year and a half or two years,
for at least a year and a half,
we were saying June and July.
Brad Garlinghouse came backed that up.
And then it happened in that timeframe.
People don't ever want to give us credit for, you know,
for what the thing--
well,
that's why we're still No. 1 live show, guys.
Still No. 1 live show.
It's what it is.
It--
- Well, it's-- - definitely, by quality, it's the No. 1.
- But by quantity as well, so. - It's just ridiculous that people--
like, you can change your prediction because you get new information.
- Yeah. - That's called telling the truth.
When you have information, you make a call.
Then you get new information, you update your call.
That's just nor--
that's what you guys need.
- Like, you need honest. - Yeah.
You don't want to be like a news station that makes a call and just--
they're literally--
they don't even care if it's true or not.
- They just want to FOMO you in or FUD you out. - Yeah.
Versus actually making honest predictions.