I wonder how liquid the market is.  Like, it's [checking...] $140b market cap in theory; but is it just a handful of degens wash-trading the shit out of themselves?  What is the actual amount of value embedded in the network for real?

elvismercury

Of all the crypto projects I have never understood why anyone would be part of the XRP army. I mean, do you convince yourself you are a band of misfits trying to enable bank transfers and CBDCs to make a better world? Who does that appeal to?

Most of XRP trading is probably insider trading or degens being degens.

AskSN

How the fuck is XRP worth anything?

Of all the crypto projects I have never understood why anyone would be part of the XRP army. I mean, do you convince yourself you are a band of misfits trying to enable bank transfers and CBDCs to make a better world? Who does that appeal to? 

I assume they are all paid shills. 

Most of XRP trading is probably insider trading or degens being degens. 