$VIRTUAL
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$XRP SUPPLY SHOCK SIMPLE EXPLANATION [Spoken audio]: The important question would no longer be how much XRP exists, it would actually become how much XRP is available for sale at today's price. If buyers must continue bidding higher to convince holders to sell, the price can rise rapidly for XRP. That is the supply shock here, broken down in the most simple, easiest way possible. And a supply shock is only possible in a specific scenario. A supply shock could be weakened or prevented by existing holders taking profits, ripple related distributions, ETF outflows, so it's important to have ETF inflows, institution of hedging, derivatives, you know, creating synthetic exposure, weak payment demand, you already know payment demand for XRP is pretty strong, but you know a global recession could be bad or you know maybe a major crypto market collapse could be bad as well. So the credible argument is not that a supply shock will happen, it's more that a supply shock could happen if you know sustained demand grows faster than immediate available liquids supply.