Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Ripple’s RLUSD Stablecoin Sparks Million-Drop Theory for XRP

Ripple’s RLUSD Stablecoin Sparks Million-Drop Theory for XRP

DailyCoinDailyCoin2024/09/25 15:31
By:DailyCoin
  • Ripple has ignited the crypto scene with the upcoming launch of RLUSD.
  • Skeptics have challenged the wild claims of the million-drop theory.
  • Strategic moves by Ripple have fueled speculation of a breakout year.

Ripple is gearing up to launch its new stablecoin , RLUSD, and it’s already making waves in the crypto community. As anticipation builds, there’s growing debate over whether RLUSD will give a boost to XRP ’s price. 

Why Ripple’s RLUSD Could Skyrocket XRP’s Value

Some remain skeptical, but a surge of excitement is driving bold predictions about what this could mean for Ripple’s native token. RLUSD is being built on the XRP Ledger , where XRP reigns as the core asset. 

Sponsored

Analysts have been quick to point out that no new token, including RLUSD, will replace XRP. Instead, it’s expected to supercharge the network’s liquidity and value—much like how new tokens on Ethereum add to its ecosystem without overshadowing ETH. 

Rather than weakening XRP’s role, RLUSD is seen as a key player in amplifying its utility. One theory grabbing attention is the so-called “Million-Drop Theory.” It speculates that if 1 RLUSD is pegged to $1 and tied to one XRP “drop” (the smallest unit of XRP), XRP could skyrocket to a jaw-dropping $1 million. 

Why Crypto Fans Are Eyeing Ripple’s Next Big Move

While this theory is far from verifiable, it’s certainly fueling excitement among investors eager for XRP’s next big move. Crypto influencer “Crypto Tank” took to X (formerly Twitter) to fan the flames, stating:

“1 XRP has 1 million drops. When XRP’s price takes off, drops will become a huge factor. If 1 RLUSD equals $1, and it’s paired with 1 XRP drop, XRP could hit $1 million. David was asked about this but dodged the question. It’s 100% possible.”

RLUSD’s launch isn’t happening in a vacuum—there’s a lot going on around XRP that’s stirring up bullish predictions. Grayscale is rumored to be working on an XRP ETF, the SEC has admitted XRP isn’t a security, and Ripple is cementing big-time partnerships with banks. With these developments in motion, many are betting that 2025 could be a breakout year for XRP.

On the Flipside

  • The “Million-Drop Theory” is highly speculative, with no evidence supporting the claim of XRP reaching $1 million, creating unrealistic expectations.
  • Despite SEC clarity, differing international regulations may limit RLUSD’s global adoption and utility.

Why This Matters

Ripple’s RLUSD launch could significantly boost the XRP Ledger’s liquidity and utility, enhancing XRP’s value rather than competing with it. This development may drive network growth and influence future stablecoin integrations, making it important for the broader crypto community.

To learn more about Ripple’s upcoming events in October, including the Swell conference and the potential launch of a Spot XRP ETF, read here:
XRP Bets Big in October: What Does Ripple Have Planned?

To learn more about the legal battle between Ripple and the SEC, and how it could impact the future of crypto regulation, read here:
SEC Appeal Imminent? Ripple Awaits Decision as XRP Shifts

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

38% Dogecoin Rebound, Cardano Tests AI Limits, But Unstaked’s AI Advantage Steals the Show

Dogecoin (DOGE) jumps 38%, and Cardano (ADA) launches an AI testnet, but Unstaked’s advanced AI agents go beyond marketing, offering real impact and value.Dogecoin (DOGE) Future: Aiming for $3.94 with MomentumCardano (ADA) Blockchain Tests AI ScalabilityUnstaked: AI That Goes Beyond MarketingFinal Take: Real AI Utility vs. Hype

Coinomedia2025/05/08 21:11
38% Dogecoin Rebound, Cardano Tests AI Limits, But Unstaked’s AI Advantage Steals the Show

ETH Trades at Historic Lows vs BTC Since 2019

ETH hits lowest value compared to BTC since 2019, raising questions on a potential rebound amid mixed fundamentals.ETH Undervalued Against BTC: A Historical SetupBullish History, Bearish FundamentalsPatience Required for Ethereum Bulls

Coinomedia2025/05/08 21:11
ETH Trades at Historic Lows vs BTC Since 2019

Popcat Climbs, Dogecoin Stalls, But BTFD Triples Tokens with 200% Bonus—Best Meme Coin Presale to Buy Now Before May 26 DeadlineConclusion: Don’t Mis

BTFD Coin surges in Stage 15 with 90% APY staking and 200% bonus. Best meme coin presale to buy now before it launches on May 27!BTFD Coin (BTFD) – The Bulls Are Charging, Are You In?Dogecoin (DOGE) – The OG Meme King Facing Shaky GroundPopcat (POPCAT) – The Smart Money Magnet of the Moment

Coinomedia2025/05/08 21:11
Popcat Climbs, Dogecoin Stalls, But BTFD Triples Tokens with 200% Bonus—Best Meme Coin Presale to Buy Now Before May 26 DeadlineConclusion: Don’t Mis

SHIBA’s Hype Fades, ADA Devs Work; Meanwhile, Web3 ai Becomes Highest Trending Crypto With $500K Frenzy

Explore Shiba Inu (SHIBA) recovery trends, Cardano (ADA) prediction backed by developer growth, and how Web3 ai’s Portfolio Optimizer replaces guesswork with smart strategy. Learn why Web3 ai is gaining traction among the highest trending crypto tools.Web3 ai’s Portfolio Optimizer Turns Guesswork Into GainsShiba Inu (SHIBA) Recovery Sparks Renewed Interest After Key Price ReboundCardano (ADA) Prediction: Development Surge Fuels Bullish OutlookStrategy Over Speculation

Coinomedia2025/05/08 21:11
SHIBA’s Hype Fades, ADA Devs Work; Meanwhile, Web3 ai Becomes Highest Trending Crypto With $500K Frenzy