Ah, the brevity of life!
- It appears that Ripple investors are basking in the glow of profit, trailing only the illustrious Bitcoin aficionados, as revealed by the ever-so-reliable Santiment. 🤑
- Meanwhile, our dear XRP holders are enjoying a verdant landscape of profits, far surpassing their ETH, DOGE, ADA, and LINK counterparts. 🌿
XRP, that elusive creature, has been rather coy of late, failing to make any significant leaps in the past week, and has even taken a 5% tumble. It now lounges near a critical support level of $2.3, a precarious perch that could lead to a further descent to $2, should it choose to misbehave, according to the wise analysts. 📉
Yet, fear not! This lackluster price performance has not dampened the spirits of XRP investors, who find themselves in a delightful state of (paper) profits. Santiment reveals that a staggering 98.3% of the total XRP supply is basking in the warm glow of profitability. 🌞
In this grand game of metrics, XRP finds itself in a lofty position, second only to Bitcoin, whose investors are slightly ahead at 98.4%. How charmingly competitive! And while Bitcoin flirts with its all-time high of nearly $112,000, XRP languishes over 30% away from its January 2018 peak of $3.4. Oh, the irony! 🎭
Moreover, XRP’s total supply in profit is a veritable fortress compared to its rivals. The percentages for ETH, DOGE, ADA, and LINK are a mere shadow of XRP’s glory: 71.5%, 77.9%, 71%, and 80.5%, respectively. How quaint! 🏰
However, dear reader, Santiment cautions that when such metrics soar high, as they do with XRP and BTC, the specter of profit-taking and short-term pullbacks looms ominously. 😱
Conversely, when the majority of holders find themselves in the depths of loss, it often signals fear, undervaluation, and a golden opportunity to swoop in before the price recovers. A delightful paradox, wouldn’t you agree? 🤔
The Percent of Total Supply in Profit is a straightforward metric that reveals how much of a cryptocurrency’s current circulating supply is held at a profit—meaning the coins were bought at a lower price than they’re worth today. Currently, some notable top caps’ supply in profit…
— Santiment (@santimentfeed) May 28, 2025
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2025-05-29 09:11