RIPPLE + XRP ATTACKED WITH FUD! HBAR, XLM, & MORE CRYPTO NEWS TODAY!

What is up? I am Crypto Mason and welcome back to the Crypto Mason YouTube channel. Shout out to the Gold Squad. We look for gold in every single aspect of our lives and we always find it. Now today we are back with another market update. I'm feeling a little bit under the weather, folks, but we're gonna get to this one. We've got a lot of stuff to talk about. The main focus of this video is going to be answering: is Ripple dumping XRP? Manipulating the XRP community to run the price up and then just dump on them. We're gonna talk about that, and I'm gonna give my thoughts on what's going on with that and why the XRP price hasn't really exploded in the way we want it to. We also have some HBAR ecosystem news and some other interesting stuff. Make sure you drop a like and drop a comment on the video. Make sure you also join the Discord with the link in the description. And let's get into the video. So this is what we're looking like, all red across the board. This is all red across the board. Uh, this is on the daily. We've got Rollbit down massively, XRP, XDC, every coin, um, except some of these stablecoins out here. So not looking too good. Um, our volume is at $31 billion, it's up a little bit, and we're still hovering the $1 trillion level, folks. Our biggest gainer— there's, there's literally none. It's Optimism, uh, as the only real coin that's gaining today apart from stablecoins. XRP is still below 50 cents right there. Uh, scrolling down, we see Stellar had some decent movement. We're going to talk about the Stellar chart in a second here. We've got HBAR at 4.6 cents, Quant at $93, uh, Algorand down at 8. Cents, bro. This is a steal of a deal in my personal opinion. Look at that, down 72%, um, since last September, uh, September 11th. Oh, also, damn, it's 9/11, uh, so pay our respects, um, to that situation. Absolutely crazy. Everyone remembers that to this day. But look at this, 8 cents. Like holy cow, this is a steal of a deal. Uh, if we even get close to a dollar again, you're looking at a, a 10x and above. Okay, now let's talk about Stellar, right? Uh, so September 12th, so tomorrow, the Stellar announcement is happening. Um, and we have actually seen, you know, some decent pump-ups, uh, since they announced that. Some decent, some decent run-up, uh, and then we did fall off. But really, really, it depends what the announcement is tomorrow. So turn your post notifications on for Stellar's Twitter, um, and get to that announcement first, because if it actually is really good, this thing will pump. I'm gonna tell you that now. If the announcement is actually good, we will probably see 13 cents, 13.5 maybe. Maybe, okay, from here up to that, you know, that's about a, yeah, 9, 8%. I can see that happening. Um, but make sure you're first to that announcement. If it is merchandise, I swear to God, me personally, no financial advice, I'm going to be placing a short. If it is merchandise, I'm going to be shorting right away. But I'm going to try catch that announcement, uh, right off the bat. Now let's talk about some exciting stuff for XRP. XRP staking and liquidity providing is coming, okay? There is a proposal out called XLS-30D, and this proposal might make it so that you are dumb to sell your XRP. You are dumb to ever sell it, right? Because we can just stake it and earn passive rewards off of our liquidity providing, okay? So I'm getting a giant bag of XRP ready for this exact purpose, um, and this is on the Sologenic platform. They've already built out the interface of how it's going to look like, uh, for providing liquidity, um, and this is a little bit more advanced for some of you guys, I'm sure, uh, but we do have some video tutorials on DeFi farming and how to do all of this stuff, uh, but obviously when this comes out, I am going to have a tutorial on how to provide your XRP as liquidity and in turn get passive rewards. Okay, look at this guy holding 300,000 XRP. So the, the key here is if you have 300,000 XRP, like if you have a big-ass bag of XRP and you want to provide liquidity with it, the key is going to be safety and security and making sure that your XRP is secured while it's being staked. Okay, and that's up to Sologenic and whoever to let us use our Ledgers or our hardware wallets and all of that while we provide liquidity. So, you know, you can have your, your XRP in your Zoom wallet and all of these different wallets, but just make sure it's secure. Now let's talk about the main focus of this video, folks. There was this video that I posted that ruffled a little bit of feathers here because this is Chris Larsen, um, the co-founder of Ripple, basically pulling up in his $2 million Porsche. Okay, now we're not pocket watching. Who cares how rich this guy is? He's been in fintech a long time, right? He's rich as hell. We don't care about that. Right? I respect anybody who's wildly successful, right? Because he did a lot to get here, okay? But the thing is, a lot of people took this video, um, and basically were like, yeah, that's all the XRP he's dumped on you guys, right? XRP, they're dumping it on retail, blah blah blah. Um, so let's talk about this. Does Ripple dump XRP to fund their operations. Yes, they do dump XRP on you. They sell XRP, just like how Vitalik Buterin sends 1 million Ethereum to Coinbase. This dude is rich too off of dumping his own token, right? That's what happens in crypto. In crypto, um, coins will start and a certain amount of the supply will be allocated to the team to fund operations, right? So the goal with, with launching a crypto usually is to, you know, allocate a certain amount for development, marketing, all of that stuff, right? And then you get the public interested and they speculate on you, and possibly your token price rises. And while that's rising, they dump their tokens. Now, 99% of all cryptos on the face of the Earth do this, uh, to fund their operations except Bitcoin, right? Because Bitcoin, there is no team. Bitcoin doesn't have a team. It's a decentralized, pure, you know, open source thing. Um, so they don't have a team to dump, and there's no marketing team, and there's no accountant for Bitcoin. There's no CEO of Bitcoin. It doesn't work like that. Just like how it doesn't work like that with XRP. There's no CEO of XRP. There's no accountants for XRP. There's no marketing team for XRP. Ripple is a centralized company that has all of that, but they are not the same as XRP. They are a centralized platform investing in a decentralized app, a decentralized cryptocurrency. Now, this is the circulating supply chart, right, for XRP. You can see it's, it's increasing like crazy. It's increasing like crazy. It's at $53 billion. And we can see in the Q1 markets report, uh, Ripple did sell $361 million worth of XRP. And, and this is all transparent, right? They, they don't hide this. They, they say it, uh, ODL-related sales, right? $293 million. So in the hundreds of millions. And these are ODL-related. What does that mean? On-demand liquidity. So they're selling to customers of Ripple. They're selling to customers of Ripple so that those customers can use XRP. That's what they're doing, okay? Um, and this was a whole debate in the, um, XRP lawsuit, right? They're saying the SEC actually deemed that these sales of XRP on exchanges were not securities. Were not securities, uh, for sales by executives. Um, other XRP sales and distributions were not securities. Uh, and then it says certain Ripple sales with written contracts were investment contracts and therefore securities. So, you know, they might have to slow down their whole selling business, uh, which could be good for the price. Right? But the truth here is they do dump, right? It does probably affect the price as well because it's hundreds of millions. Um, but you know, as long as Ripple is building in a great environment for XRP, I don't care, okay? The SEC actually two days ago accused them of tactically prolonging the lawsuit so that they can continue selling XRP. So that selling of XRP might stop after, after the lawsuit is like fully wrapped up with a bow, right? And then they talk about their escrow right here. Escrow lockups that will be released each month over the next 42 months. Ripple does not have access to that XRP until the escrow releases to Ripple on a monthly basis. Uh, the vast majority of the XRP released is put back into the escrow. Okay, so as of, um, March 31, uh, actually let's look at the June one. Total held by Ripple is 5— 5— what is that? 5 billion? 5.5 billion. And in the escrow there's 41 billion. So they are below— they're below 50% of the supply now, which is very interesting. Now So that, that's my whole answer on that. I don't care if they're dumping. They're building a monster company. They're building Ripple, uh, with those funds, um, and ODL is seeing more usage because of that selling. Uh, now you can, you can feel however you want about this, man. I'm a long-term holder. I don't care. Now let's move on to some HBAR ecosystem news. Dovu is migrating from an Ethereum token to the HBAR token. I'm going to leave the link to this in the description. You guys can, uh, there's an airdrop, uh, by the way, going on. Uh, I, I think there's a snapshot today, 12 UK time. It might have already been taken, uh, but I'll leave this Dovu document, uh, in the description. Now, as for other HBAR news, not much going on, not much going on there at the, um, they're at some kind of event there. Uh, Hedera is, uh, they're doing some Spaces and stuff, some live streams. Not too much stuff going on right now, but I believe— oh, here's also another good piece of news: Toko Network has secured an operating license in Dubai, or from Dubai. Obviously there's great news every day for HBAR, but, um, that is all we've got for the news section of the video. Let's get into the sponsored section. Uh, we do have a sponsor from xCAD in this video. Now, xCAD, I've seen a lot of you guys buying the NFTs. I've been watching videos to earn as well. Um, if you didn't know yet, our channels are available. So Crypto Mason and Meg BZK, uh, YouTube channels are available to watch on the xCAD network. So you can watch our videos and get paid to watch them, which is just insane. Uh, but xCAD has just launched their iOS app, folks. So I'm going to throw up a screen recording right now showing you how to get the app. First of all, the link you need to use is in the description, um, and in the pinned comment. The pinned comment and the description. The pinned comment will also have an access code, um, so that you can access the play area. Uh, but their iOS app is out as you're seeing in the video, you know, everything is built in. You literally watch the YouTube videos inside of, uh, the app, which is just crazy. So it's very cool to see them getting this app out. I've been earning with my legendary Nerd NFTs. If you have the time to put in, you can make this profitable. You can buy the Nerd NFT and boom, get in there and start watching to earn. So if we open mine up right here, you can see uh, that they do have a very clean app right there. You can watch all the biggest channels in the world, um, and I've already earned over— let's see— $351. $351, uh, with my nerd, uh, or my various nerds. I have 3 of them. So get on the xCAD app and start watching to earn. Thank you xCAD for sponsoring this section of the video. Uh, next up we have Serenity Shield. Recently did a dedicated review video on Serenity Shield. If you haven't watched that, it is a deep dive into the SERSH token and the Serenity Shield project. And before you go dismissing, dismissing the new altcoin, blah blah blah, or dismissing any new altcoins dropping um, actually do research. Do some research on the project, okay? Serenity Shield, um, is multi-chain data storage, transfer, recovery, and inheritance solutions. Um, and they have built this platform called StrongBox, and the testnet is out right now. They also have the presale going on, uh, for their token, their SERSH token right here. You guys can input our referral code if you want some bonus. You get 3% more tokens. And personally, I will be holding some Serenity Shield tokens, and we're going to see how it— how they perform. But this ends on September 26th. You guys can participate in the presale if you want. Make sure you do your own research first. It looks like you can trade USDC for it right on here through your MetaMask. Obviously you have to KYC and stuff, but basically one of the most interesting things they have, in my opinion, is the inheritance protocol. So basically when you die, you can automatically transfer ownership of your data and other things to whoever you want through their protocol, through their inheritance protocol. So go and check out the decentralized application that they've built, the Strongbox. Uh, here's their entire team right here, uh, and they do have some real utility for the token. You guys know I don't like tokens that don't do anything, and this does 4 main things right here, including a rewards and loyalty program, as a payment method for your subscription to the storage services, uh, there's also staking happening, um, and then ecosystem participation. Been featured in some, uh, media articles as well. So go follow them on Twitter, go to their Zealy account, uh, and check them out, man. Serenity Shield, uh, presale is on right now, the round 3, uh, already winning awards as well. Um, crazy stuff. So go check them out. Last project we have is USP. We've been talking a lot about USP, and this is because I am an advisor me and Megan both are an advisor for their project. We also, uh, hold some of the USP token, and this is a security token. So I'm going to link you to this document, and this document is going to go over everything you need to know about USP, uh, in, in terms of what is a security token first, um, and then kind of going into more about what USP is actually doing. Uh, but if we check out their Twitter here, let's go to their Twitter and see what is popping in the USP ecosystem. Uh, currently doing a giveaway event, uh, for their learn to earn. So make sure you take their learn to earn survey and hop in their Telegram as well. Uh, you do have to retweet the post and follow USP and @OneFriend so you can, you can win that giveaway right there. And take that survey. So they're really trying to put education first, and I think that is the correct strategy, uh, with a project that is a security token. You have to go with education first so people know what this is about. But that is USP. I love every single one of you. Drop a like and comment on the video. Thank you for watching all the way until the end, and goodbye.