XRP Surge and the "Seer" Prophecy: New Variables in Crypto Brought by the Era of Dollar Chaos
Written by: JiaYi
Recently, XRP (Ripple) has experienced a remarkable surge, skyrocketing from a low of $0.48 a month ago to a high of $2.9, an increase of over five times. What deeper market reasons might be behind this wave of growth?
The "Behind the Scenes" of XRP's Surge
As a strong coin closely related to regulation, XRP has long been seen as a barometer for U.S. crypto regulation. Since the long-standing lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) erupted, XRP's performance has been closely tied to the dynamics of U.S. regulatory policies.
- Favorable progress in the SEC lawsuit: There has been new progress in the long-term lawsuit between the SEC and Ripple Labs, with the court ruling that XRP does not constitute a security in certain transactions, significantly boosting market confidence;
- Potential regulatory support: New York state regulators may approve Ripple Labs' stablecoin RLUSD, providing new space and possibilities for Ripple's future development;
- Technological and infrastructure upgrades: Ripple's ongoing technical optimizations, especially improvements to the Ripple Ledger (XRPL), along with potential participation from U.S. institutions, have enhanced XRP's fundamental value;
- Market recovery: The overall rebound of the cryptocurrency market has created favorable conditions for XRP's rise.
It is worth mentioning that XRP's 24-hour spot trading volume once surpassed that of BTC, and among the top five exchanges, South Korea's Upbit and Bithumb also held significant positions.
This phenomenon reminds me of a prophetic video I once dismissed as "nonsense" eight months ago. The video not only accurately predicted XRP's surge but also featured many other striking predictions that have come true one by one.
The "Seer" Prophecy from Eight Months Ago: Was XRP's Surge Predestined?
This phenomenon reminds me of a prophetic video I once dismissed as "nonsense" eight months ago. The video not only accurately predicted XRP's surge but also featured many other striking predictions that have come true one by one, such as the precise prediction of Trump's assassination attempt (including details about ear injuries and ballistic trajectories). Two points sound particularly "chilling":
- After Trump's re-election, the U.S. will face a severe economic crisis similar to the Great Depression of 1929, followed by a gradual recovery;
- In the near future, the dollar may collapse, while digital currencies (though seemingly not Bitcoin) and gold will experience a surge;
We all know that the dollar has long held a dominant position in the global economy. The dollar's status stems from various factors, including its role as an international settlement currency, the stability of the U.S. political and economic system, and its role as a global safe-haven asset.
However, the current dollar system faces increasing challenges, including debt inflation, accelerated de-dollarization, and the Trump administration's responses, all indicating that the dollar system may be heading toward a crisis:
- Debt inflation: The U.S. federal debt has reached $34 trillion, with daily interest payments amounting to $2.4 billion. Over the next decade, debt interest payments will exceed $12.9 trillion, equivalent to twice Switzerland's GDP.
- Accelerated de-dollarization: Economies such as China, Russia, and the European Union are accelerating efforts to reduce reliance on the dollar by signing agreements. Particularly between China and Russia, energy trade has completely detached from the dollar system, and this trend is spreading globally.
- Huge fiscal spending: Consequently, the Trump administration proposed establishing a "Department of Government Efficiency" to reduce fiscal spending, with Musk appointed as the head of this department;
- Global economic recession pressure: The high-interest-rate environment has increased the debt costs for businesses and households, with clear signs of weakness in the U.S. economy, slowing non-farm employment growth, and rising unemployment rates;
New Variables for Crypto Amid Dollar Crisis
If the dollar system truly faces collapse, it could have a massive impact on the global financial system. What would this situation mean for the cryptocurrency market?
Although the following analysis is merely a personal opinion and does not constitute investment advice, we can still glimpse some potential opportunities and risks.
Negative Impacts:
- Stablecoin collapse: Major stablecoins in the current market, such as USDT and USDC, are dollar-based. If a dollar crisis erupts, the anchoring mechanisms of these stablecoins may fail, leading to a plummet in their value, rendering the "stablecoins" in users' hands worthless;
- Market turbulence: A dollar crisis could lead to severe volatility in global capital markets, and the cryptocurrency market would not be immune. In the short term, panic selling may exacerbate market instability;
Potential Opportunities:
- Bitcoin's ascendance: In times of turmoil in the global financial system, Bitcoin, as "digital gold," may become a safe-haven asset for investors. Countries like Turkey and Argentina have already proven that Bitcoin can serve as a store of value when their national currencies collapse;
- Rise of DeFi: The collapse of the dollar system may prompt more people to turn to decentralized finance (DeFi). Compared to the inefficiencies of traditional financial systems, DeFi offers more efficient and convenient solutions for remittances, lending, and more;
However, the dollar is the world's largest "Too Big To Fail," so while people joke every year that the dollar's credit system will collapse sooner or later, no one truly believes this will happen within their lifetime. But for investors, especially those of us whose wealth is largely tied to crypto, an infinitesimal possibility cannot be ignored.
Whether it is cryptocurrencies like XRP with cross-border payment attributes or other crypto assets, they may provide alternative solutions during turmoil in the dollar system. Moreover, the deep integration of Ripple with traditional financial systems may allow XRP to become a "bridge asset" under special circumstances, further driving up its price.
For investors, this potential trend is not just a risk but also an opportunity.