Ripple’s $1B XRP Treasury: Price Party or Pile of Crap?

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Ripple, that company that somehow still exists, is raising $1 billion via a SPAC to fund an XRP treasury. Because nothing says “trust” like a shell company and a token that’s basically a punchline. 🤡

And guess what? They’re contributing their own XRP to the treasury. Because why not dump their own tokens into a pot and call it “strategic”? 😅

Will XRP surge? Probably not. The price is down 3% since the news, because the market is a bunch of robots that hate you. 🤖

Analyst Bill Morgan wisely noted Ripple announcements are like your mom’s advice – ignored and confusing. Especially when it’s unclear how XRP even benefits. 🤷♂️

Ripple’s late to the DAT game, which is now a ghost town. Michael Saylor’s “genius” model peaked faster than a crypto influencer’s credibility. 👻

Permabull Tom Lee, who bet big on Ethereum treasuries, now admits the DAT bubble burst. Classic. Now even Metaplanet is trading below its actual value. Because who needs common sense? 🤷♂️

XRP treasuries? Yawn. Bitcoin and Ethereum get all the love, while XRP’s DAT squad includes names like VivoPower and Webus. Sounds like a Monopoly game. 🎲

Bitwise CEO Hunter Horsley once called Ripple an XRP treasury company. Because nothing says “treasury expertise” like getting sued by the SEC. 🤬

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2025-10-17 08:47