- The XRP fell over 17% in a single day, now traded at $ 1.76, while Bitcoin fell to $ 76 thousand.
- The Software Engineer Vincent Van code remains as a bull in XRP and unjustly calls it by immersion foundations.
- Van Code blames panic sales and global economic reset for a broader market fear.
While the crypto market was hugging under tremendous sales pressure, XRP has become one of the most difficult assets and has lost more than 17% of its value today. The decline dropped the price to $ 1.76 and stopped the fear of a wider decline. However, while retail investors are fighting for exit, Vincent Van Code, a respected software engineer in the field of Blockchain, continues.
In the midst of what many describe as a wave of fear -guided liquidation, minibus code described There is no real reason for XRP’s sharp correction. Instead, the chaos blames a mixture of global economic panic and the predictable volatility from uncertainty.
The foundations of XRP are strong
Van code, XRP’s foundations remained intact, he noted. According to him, the dramatic increase from $ 0.54 to $ 3.40 earlier this year was directed by the investor’s optimism, which was largely renewed in the light of the new US administration’s crypto stance. This political acceleration did not disappear; Changing, the mood of the market.
According to him, this correction is not the benefit of the XRP or the response to any deterioration in the ecosystem. On the contrary, it is a sign of a wider risk of avoiding the collapse of most traditional markets. Last week, the US stock exchange has been reported to value over $ 6.5 trillion in just two days – collater damage caused by an increasing global trade war.
According to him, what happened is not random. The US government and its allies claim to have entered an economic war – competing economies, weakening Fiat systems and laying the foundation of a new financial infrastructure.
However, this is not related to reset, instant corrections or night miracles. “We are still in the tearing phase, Van Van Code explained. “Recontinent will come, but only after the old systems are completely disintegrated.”
The Van Code offers a different perspective for XRP owners who follow their portfolios: the regression of the market is a move calculated by powerful institutional actors.
He believes that these big players shorten the market weeks ago – fear is expected, triggering the accident and waiting for a perfect moment to turn long positions. When this pivot is realized, the market says that a dramatic reversal may witness.
