*XRP Supply Shock: Are You Ready? 🚨*
According to on-chain data, the supply of XRP is decreasing. Investors are locking XRP in cold wallets.
*What is Happening:*
- A small amount of XRP is burned in transactions
- XRP reserves on Binance are decreasing
- People are holding XRP for the long term
*What the Analyst is Saying:*
- Top analyst Aduino Fina is stating that XRP is heading towards a supply shock
- It may also be difficult for institutions to acquire large amounts
*What to Do Now:*
- Adopt a buy and hold strategy
- The demand for XRP is increasing, while the supply is decreasing
*What Could Happen to XRP:*
- If a supply shock occurs, the price could rise to $XRP
- Investors should withdraw XRP from exchanges and keep it in cold wallets.#BinanceAlphaAlert