Recent statements by crypto influencer Pumpius have sparked discussions within the XRP community. He asserts that XRP holders play a crucial role in financial transformation.
Pumpius on the XRP Exit Liquidity Myth
There is a common belief in the crypto community that retail XRP holders buy tokens while institutions sell. However, Pumpius considers this narrative misleading. He states that large financial players are quietly buying XRP and want retail investors to exit the market so they can scoop up tokens at lower prices before significant events like ETFs and global adoption. He emphasizes, "They want XRP for themselves."
On-Chain Data: Whale Purchases
Pumpius highlights growing on-chain strength: - Whale wallets are consolidating - Liquidity is rising, especially in Asia and the Middle East - Wallet activity is surging Instead of a sell-off, he argues that XRP is being accumulated, which is a strong signal of confidence.
Ripple Continues to Develop Despite Lawsuit
Even during the battle with the SEC, Ripple Labs was not idle. Pumpius notes that: - Ripple formed global partnerships - Expanded On-Demand Liquidity corridors - Ran tokenization pilot projects - Received mentions from the IMF and Bank for International Settlements.
Pumpius' perspective on XRP underscores its potential significance in modern finance. He advises XRP holders to hold firm, considering the token a financial protocol for the next-generation economy.