XRP Exploding In Price... Eyes $3.

Be Smart With Your XRP Investment, XRP Price Explodes Since Thanksgiving, Costco Is Making Changes, Black Friday Sales Coming To An End...And More XRP News...

The Daily Ninja 12/2/24

Costco is discontinuing book sales in most US stores by January 2023, prioritizing high-demand items like food and home essentials over labor-intensive, low-turnover products.

Self-checkout lines at Costco and Walmart are being removed due to customer complaints about slow, unreliable service and concerns over job losses for human cashiers.

A salmonella risk prompted a recall of Kirkland Signature organic pasture-raised eggs sold in five southeastern states from November 2022 to January 2025.

Costco's strategy shift reflects a broader retail trend of adapting to customer preferences, market conditions, and operational challenges in the face of changing consumer behavior.

The removal of self-checkout lines highlights the importance of human interaction in retail, with customers valuing personalized service over automation in certain shopping contexts.

๐ŸŒ XRP is designed as a token to facilitate global money transfers between banks and companies, potentially replacing traditional services like Western Union and increasing in value as its utility becomes more widely recognized.

๐Ÿ’น The burn rate of XRP increases with transaction volume, leading to a decrease in supply and potentially driving up the price as adoption grows.

๐Ÿ”— Ripple's XRP Ledger blockchain technology, featuring the RLUSD stable coin tied to the dollar, is poised to expand functionality and use cases, positioning XRP as a key player alongside Hedera and Cardano.

๐Ÿ’ผ XRP's value lies in its ability to move money rather than sell products, potentially making it the "biggest move of the century" on a percentage basis.

๐Ÿš€ The recent XRP price spike is believed to be just the beginning, with experts anticipating significant growth as the token's role in global finance and cross-border payments expands.

๐Ÿš€ XRP price is poised for a potential pre-Christmas rally, driven by $44M in whale activity and transfers to private wallets, indicating reduced selling pressure and investor confidence.

๐Ÿ›๏ธ An ex-regulator predicts the SEC will drop the Ripple XRP lawsuit due to a crypto-friendly shift in the incoming administration and the regulator's poor performance in the "horrible trial".

๐Ÿ“ˆ XRP has shown "amazing gains" over the past three weeks, with price action suggesting a multi-part pump that could lead to an "explosion in price" if the SEC drops the lawsuit.

โš–๏ธ The SEC vs Ripple case, spanning years, accuses Ripple of violating securities laws, with a federal court ruling classifying some XRP sales as securities while others were not.

๐ŸŒ XRP has captured attention for years due to its role in transforming cross-border payments for major banks, with experts arguing the SEC's crackdown has held it back from reaching its full potential.

๐Ÿšข Trump's 25% tariffs on Chinese goods in 2024 are expected to cause a short-term surge in exports and a long-term slowdown in the second half of 2025, potentially capping China's economic growth at around 4%.

๐Ÿ’ป Major US tech companies like Microsoft, HP, and Dell are rushing to stockpile electronic parts from China before January 2024, likely leading to front-loaded shipments and an export surge in early 2025.

๐Ÿญ The tariffs may force companies to relocate manufacturing to the US, creating a bottleneck in production and impacting GDP, while potentially causing a shock effect on America's cost of living.

๐Ÿ’ฐ A combination of tariffs, lowering interest rates, and other economic factors could lead to a mini hyperinflation, causing a significant increase in overall inflation that many people are unprepared for.

๐Ÿ  Investing in real estate and tax foreclosure auctions may offer opportunities for those prepared for the potential economic upheaval caused by the tariffs and their ripple effects.

๐Ÿฆ Ripple's new RLD stablecoin, approved by NYDFS on Dec 4, will enable banks to conduct cross-border transactions at lightning speed, potentially moving $100B daily at 10% of traditional wire costs.

๐Ÿ’น XRP's active accounts surged 100% in November, with unique senders increasing from 15,590 to 47,000 between Nov 1-16, indicating a positive resurgence in usage.

๐Ÿ’ต The RLD stablecoin will be backed 1:1 by cash and bonds, offering a more secure alternative to Tether, which is perceived as a money printing scheme.

๐Ÿค Ripple CEO Brad Garlinghouse met with Trump to discuss XRP's importance to America, potentially influencing future cryptocurrency policies.

๐Ÿ›๏ธ RLD will be the first stablecoin approved by the New York Department of Financial Services (NYDFS), setting a precedent for regulatory acceptance in the crypto industry.

๐Ÿš€ XRP's 225% rally in the last month, reaching a $96 billion market cap and $1.70 price, signals strong investor confidence and potential for further growth.

๐Ÿ’ฐ Record-high open interest in XRP futures contracts, with 31% increase in perpetual and 21% in futures, indicates bullish sentiment and expectations of continued price movement.

๐Ÿค Ripple CEO Brad Garlinghouse's $25 million donation to FairSake aims to support financial justice while potentially rehabilitating Ripple's image after its SEC battle.

๐Ÿ“Š Large XRP wallets are rapidly expanding, with an average size of 12,350 XRP, suggesting accumulation by "smart money" and potential for future price increases.

๐ŸŽฏ Investors are eyeing $2 as a psychological price target for XRP, with some speculating on a possible $5 price for those who bought between $0.50 and $1 in the past year.

Go out and crush it!

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