🚨 $XRP XRP Sensation: Is Ripple Buying $XRP ?
XRP enthusiast 'Skipper' claims Ripple is planning a massive open-market acquisition of XRP.
📈 Why This Matters
Supply Shock: Open-market buys would drastically reduce circulating supply, creating huge upward price pressure.
Massive Confidence: It's the ultimate vote of confidence, signaling that Ripple views XRP as deeply undervalued.
New Utility: Funds could be used to boost liquidity for new institutional products or to back their stablecoin, RLUSD.
⚠️ The Reality
No Official Confirmation: This is currently speculation from an enthusiast. Treat it as a rumor until Ripple confirms it.
Strategy Shift: Ripple's focus has been on major M&A (like Hidden Road), not market buying. An official pivot would be unprecedented.
Bottom Line: A confirmed open-market buy would be highly bullish, but trade the rumor with extreme caution. Keep an eye on official Ripple channels!
