29 Nov 2024 19:05:13
Supasub ans was. Was talking to a mate at work about xrp market cap and he said don't worry about the market cap it's the drops of crap that will make people millionaires, something about 1 xrp being divided up into 1 million drops and each drop worth 1cent would make xrp 10,000 dollars per coin. Do you know anything about this drop stuff

{Ed033's Note - I don't know about the drops, but i heard the original idea of XRP would put XRP at 10,000 dollars. However, i wouldn't get your hopes up with 10,000 this cycle. i think $9 is a good price this cycle [March 2025?].

1.) 30 Nov 2024
30 Nov 2024 20:56:20
I know it will be years but I was wanting to know if this drop thing was a real thing or something someone made up

{Ed033's Note - i don't know at the moment.

2.) 05 Dec 2024
04 Dec 2024 23:29:04
Don't know about that. But just been announced you can buy 1 xrp as a minimum rather than 10xrp. I think the $10k price comes from entire replacement of the Swift messaging/banking system that is outdated.

Xrp would need to be $1k roughly if ripple got 10% of the swift system. Would enable near instant transactions, 7 days a week, 24hrs a day at around 0.001 pence. No need to wait to midday with a £30 charge when buying a house.

No waiting until Monday for the money to show when you buy petrol or anything else on a Saturday/Sunday for instance.
RLUSD $1 needs XRP in order to use it. Most banks will need 50-75 million xrp.
Once held they could set the price of xrp twice daily like gold or even backed by gold (xrp has already been recognised as a stable coin by tptb but at what price?)

Xrp could potentially dissappear from exchanges soon. Another one to watch is HBAR imo. Mentioned by a WEF rep this week saying both XRP and HBAR are important to the WEF. HBAR has some serious big backers, Google, IBM, Boeing, SpaceX (6 days ago) potential partnership with Ripple for instance.

Not financial advise! But I would bag as much of these 2 and hold as they are still both cheap imo.

Things haven't even started to come into play yet. Trump doesn't start until 20th Jan (the day Gensler resigns) and the SEC case still yet to be dropped.
Also a lot of Quantum financial system (list attached lower down page) tokens pumping in recent weeks. XRP, HBAR, IOTA, XLM, XDC, ALGO, QNT, XDC etc.

{Ed033's Note - Thanks Supasub.

3.) 05 Dec 2024
05 Dec 2024 09:49:14
In relation to the OP, It was David Schwartz who mentioned a possible scenario if XRP were to get so scarce that there could be a division say of 50 to 1 XRP.
Called Drops I think like you said. Tried to find a link to attach but you could just search anyway.
Would require a hefty software upgrade and the whole community to agree and would only be if it became so scarce. I think it'll be unlikely anytime soon if at all.

{Ed033's Note - thanks Supasub.

4.) 05 Dec 2024
05 Dec 2024 10:56:51
*million to 1xrp*