XRP Destruction Rate Plummets → Scarcity Narrative Fails?
On September 21, the daily destruction amount of XRP was only 163, hitting a near-month low.
The destruction mechanism relies solely on transaction fees and lacks protocol-level destruction ~600 billion supply is hardly affected.
Technical Aspect: Key support at $2.99–$2.83, breaking it may accelerate the downward trend.
Su Ge's View @苏哥618
If the scarcity logic of XRP fails, it can only rely on demand catalysts to maintain the market.
Whether it can stabilize at $2.83 in the short term is key; once it breaks down, retail investors may not hold on.
