$ALGO
Cooling DownSnapshot Window: 2026-07-21 21:50 UTC ยท โ Back to Crypto Overview
Social Momentum Summary
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
Price discovery, third-grade version: imagine 1,000 mint Charizards exist. As they get bought up, each next buyer pays more, and the next more again. There's no seller until the price is irresistible. Scarcity plus demand isn't hype, it's just the order book. [Spoken audio]: We'll use the Pokemon cards. I actually made a video about this the other day. So humor me for a second and just speculate with me that there's only a thousand Charizard's in the world. And they're beckoning. What's the other grading agency? They're the highest graded cards. There's only a thousand of them. There's probably less than that, to be honest with you. But we're going to use a thousand for a round number. As those get bought up off the market, the price gets bit up, right? There's supply and demand. The more demand there is, the higher the price people are willing to pay. XRP works the same way. If there's not much available on the exchanges for sale or settlement, and there's a lot of people clamoring for it all at one time, then they're willing to pair prices, you'll continue to see the price escalate, and that's what I believe is going to transpire. books are very thin, over $3 or $4 XRP. There's not a whole lot of bids or asks there. And so people that are holding it believe that it's worth a lot more, and they're not going to be willing to sell it at $10, $20, $25, $50, $75. They're looking for $100, they're looking for $500, they're looking for $1,000. And so for those reasons, when we do see the demand come in, a substantial amount of demand on a very limited amount of high. You would see the price rise aggressively. And then once it's at those levels, there's enough liquidity in the token that they can actually start using it to settle transactions. That new volume that moves on the network, settling those transactions will hold the price at a high stable value. So I don't know if that was third-grader enough for