Can it short squeeze due to short sellers like GME? Not in the same way. Crypto doesn’t have options that helped build the some of the gamma-squeeze with GME.
My dad (RIP) believed in XRP mainly because of the Q-anon NESARA/Great Reset conspiracy theories. To his credit now, he was shoveling 300$ a month of retirement money into it when it was averaging .50 a coin.
The bigger the market cap the more it takes to move even 10%. Its why people are hoping to hit on smaller market cap stocks or crypto.
-5H4Z4M- on
XRP had it’s prime, now it won’t perform as big and fast as it used to.
gihkal on
OP owns xrp
BoringIndependence53 on
Is president trump a wrong un?
Will the Epstein files crash crypto?
These are examples of interesting questions .
50EAGLE on
What do you mean next GME? Just so you know and you should watch the movie “dumb money” , GME didn’t simply just go “up” it was a failure in the market. GME was shorted 100% of its float. Therefore the intense squeeze and “price go up”.
7 Comments
Why should it?
XRP is too big to move like a meme stock.
It depends on the context of your comparison.
Can it short squeeze due to short sellers like GME? Not in the same way. Crypto doesn’t have options that helped build the some of the gamma-squeeze with GME.
My dad (RIP) believed in XRP mainly because of the Q-anon NESARA/Great Reset conspiracy theories. To his credit now, he was shoveling 300$ a month of retirement money into it when it was averaging .50 a coin.
The bigger the market cap the more it takes to move even 10%. Its why people are hoping to hit on smaller market cap stocks or crypto.
XRP had it’s prime, now it won’t perform as big and fast as it used to.
OP owns xrp
Is president trump a wrong un?
Will the Epstein files crash crypto?
These are examples of interesting questions .
What do you mean next GME? Just so you know and you should watch the movie “dumb money” , GME didn’t simply just go “up” it was a failure in the market. GME was shorted 100% of its float. Therefore the intense squeeze and “price go up”.