What will it take for utility to trigger $100 XRP?
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00:00Yeah, I absolutely think that with the right events dominoing, we could absolutely see a three and four digit XRP by the end of the year if the dominoes fall in the right order.
00:11Look, the market is all speculation right now. That's all it is. I want it to be utility, but it's not. Right.
00:18So until that happens, until they actually use these assets for what they're intended, it's going to be volatile.
00:24It's going to be nascent. You're going to have significant volatility to the downside. And we've seen pullbacks in Bitcoin, you know, in bull markets, most bull markets for Bitcoin, you've seen 30 and 40 percent drawdowns multiple times in its moves up.
00:38If you've been here in crypto, like this is just kind of par for the course. Unfortunately, if you want 100 percent gains in a day, you have to be willing to take, you know, 40 or 50 percent L's in a day, too. It's part of part of the deal.
00:50So.