In this YouTube commentary, the speaker argues that Ripple’s founders regularly sell large amounts of XRP, citing blockchain data as evidence. He describes a broader “holy grail” scheme where token creators build a cryptocurrency, generate massive community interest and volume, and then dump their holdings once the token reaches a top‑100 or higher status, minimizing price impact due to deep liquidity. Using XRP as a case study, he points to its $6.31 billion 24‑hour trading volume and its position as the third‑largest crypto, claiming that even a $10 million sale would barely move the price. The speaker urges viewers to follow him on Twitter for ongoing insights.
Chapters
This is what you have to understand about XRP. The founders of XRP, the founders of Ripple the company, they do dump millions of dollars worth of XRP. This is just facts. You can go look at the blockchain and they are dumping and selling on your head. Okay, now right here, make sure you follow me on Twitter. This is key because you get tweets like this, right? And maybe I'm not making a YouTube video one week or month you gotta follow on Twitter because I'm always on there. You would probably dump too if you had millions in holdings and could comfortably sell into a top 3 asset. Okay, listen closely. The holy grail of crypto for certain people is to build their own crypto token, market it, get a lot of people believing in it, build a cult around it, get billions or millions of dollars in volume flowing through it and then dump on their head. Okay, this is the holy grail for, for certain people, right? You be a founder of the token, you watch it grow all the way to a top 100 token, you secretly or openly hold millions of dollars of that token, and then once the token is big enough you can actually sell your own token for 1,000x more, right? You're selling onto your own community, but now it doesn't affect the price. Because if I go over here, right, and I go to XRP on here— let's go sort by market cap— and I go to XRP, right, look at how much volume just came through this. In the— in on the far left side right here, $6.31 billion of volume in the last 24 hours alone. Okay, this is why XRP is a staple, one of the biggest coins, third biggest coin in the entire world. Um, and you can basically sell— I could sell $10 million of this and it barely would move the price. It wouldn't do anything, right? People would freak out because they're like, wow, someone just sold $10 million worth. But ultimately, XRP will keep going up, keep recovering. So this is the holy grail for some people. You got to understand that.
