Vincent Van Code Explains Why XRP Holders Shouldn’t Panic Amid Market Crash
The post Vincent Van Code Explains Why XRP Holders Shouldn’t Panic Amid Market Crash appeared on BitcoinEthereumNews.com.
XRP has dropped over 17% in a single day, now trading at $1.76, while Bitcoin fell to $76K. Software engineer Vincent Van Code remains bullish on XRP, calling the dip unjustified by fundamentals. Van Code blames panic selling on broader market fear and a global economic reset underway. As the crypto market reels under immense selling pressure, XRP has become one of the hardest-hit assets, losing more than 17% of its value today. The drop has pulled the price down to $1.76, stoking fears of a broader downturn. But while retail investors scramble for the exits, Vincent Van Code, a well-respected software engineer in the blockchain space, is staying put. Speaking amid what many describe as a wave of fear-driven liquidation, Van Code explained that there’s no real fundamental reason for XRP’s sharp correction. Instead, he blames the chaos on a mix of global economic panic and the predictable volatility that comes with uncertainty. I would never Panic sell XRP in current market. Why? Because other than market fear, there are no fundamentals to support XRP dump. In my view, XRP went from 0.54 to $3.40, largely due to pro crypto incoming adminstration. Now, nothing’s changed except stock market has tanked.… — Vincent Van Code (@vincent_vancode) April 7, 2025 XRP’s fundamentals remain strong Van Code pointed out that XRP’s fundamentals remain intact. In his view, the dramatic rise from $0.54 to $3.40 earlier this year was driven largely by renewed investor optimism, especially in light of the pro-crypto stance of the new U.S. administration. That political momentum hasn’t vanished; what has changed is the mood of the market. According to him, this correction isn’t a response to any deterioration in XRP’s utility or ecosystem. Rather, it’s a symptom of broader risk aversion, much of which stems from collapsing traditional markets.…
Filed under: News - @ April 7, 2025 10:19 pm