Did the XRP AMM Fail ?
HTML-код
- Опубликовано: 25 июн 2024
- The XRP Ledger AMM functionality is live, but it is having low liquidity and volume? Was the launch a failure?
▶️ Follow me on X/Twitter: bit.ly/jungleX
Dedicated cryptocurrency educational content creator since 2018, I have been providing in-depth coverage and analysis of the rapidly evolving digital asset landscape. My channel focuses on a wide range of topics, including Bitcoin & major altcoins such as Ethereum, XRP, Cardano, Polkadot, & other Layer 1 smart contract blockchains. I closely follow and discuss emerging regulatory issues surrounding cryptocurrency & blockchain companies, as these developments significantly impact the industry.
Additionally, I explore various use cases for blockchain technology, including decentralized finance (DeFi), payments, gaming, and the tokenization of real-world assets. My content also delves into the importance of interoperability between different blockchain networks, the cyclical nature of cryptocurrency markets, & the rise of Web3 technologies. I provide insights on Layer 2 scaling solutions, which are crucial for the long-term sustainability and mass adoption of blockchain technology.
Disclaimer: The content in this video is for informational and educational purposes only and should not be construed as financial advice. I am not a financial advisor, and the views expressed in this video are solely my own opinions based on available information. Cryptocurrency markets are highly volatile, and investing in Bitcoin or other cryptocurrencies involves substantial risk. Always conduct your own research and consult with a qualified financial professional before making any investment decisions. Past performance does not guarantee future results, and you should never invest more than you can afford to lose.
EVERYONES TO SCARED TO PUT THEIR XRP INTO ANYTHING OTHER THAN THEIR OWN WALLET... MAYBE?
Good things take time, even a brand new AMM feature, patience boys !!!!
Yeah, it's too confusing for the the retail user. Your funds aren't safe. I'd say it's not going well.
Yes jungle let's do these weekly short tutorials and help educate others in the community. How to build on the ledger. You're the perfect to do that. Happy to help.
keen for this!!❤❤
Yes!!
Yeah, it would be nice to learn more about the functions of the XRPL🥳
Yes! I'd love weekly projects!
Yes, please, TUTORIALS! Thank you, that would be brilliant.
Cracking video once again friend. Thanks Jungle 💥💯💖
The pool is there but users are not !
I for sure would be interested
I'm in for learning more about using the XRPL for other and financial projects.
I'm interested in the projects for sure
All valid points!!!
Stellar has a great stablecoin USDC and their AMM has been in place since late 2021. It hasn’t set the world on fire either. WE NEED REGULATORY CLARITY
Nothing will save xrp and xlm bro
Even if you get it, it won t take XRP beyond 1$
Ripple will also have to get liquidity on exchanges. If not, it will be as worthless as the Gatehub IOU
I’ve given up on Ripple doing anything novel. The SEC regulatory capture worked while Ethereum and Bitcoin got ahead. First move advantage now.
Agreed good content man
Amm wont really kick of till the ripple USDX stable coin is implemented. its too hard for most people to have to use gatehub to get USDC onto the ledger and its a real barrier to adoption. Once you can easily purchase USDX on your preferred exchange or easily swap into it on the XRPL DEX you'll see the AMM take off.
Consolidating my portfolio to focus on BTC and Revux, maybe a touch of LTC.
Deeper ledger dive is good.
🐞🌻🦚🦋 Thank You Jungle! 🐞🌻🦚🦋
Revux low presale price represents a golden opportunity for investors. Acquiring tokens at this stage is akin to securing a foothold in a project with immense potential, setting the stage for future growth.
It seems to me that 'improvements' to attract users to the XRPL is very ad hoc. Rather than trying to create features and functions to run on the XRPL for which the ledger itself was never designed, why not re-think what is the attraction in pursuing this kind of thinking?
We all know that Clawback and AMM codes were added to the XRPL without complete testing cycles. And they were never stress and vulnerability tested together on any kind of testnet.
Is this the right way to run software development?
Think about what ledger capabilities need to be fundamentally available to developers before allocating resources.
Can the XRPL scale to support AI? Or RWAs? How about leveraged-RWAs?
Let's ask these questions FIRST before running in with a bucket of paint, a hammer and some nails thinking we can improve the appearance of what may not be the right platform for future use.
Moved all my funds into BTC and Revux. This presale is too good to pass up.
Revux. Lol. Scam coin.
So very little information on it of how to use it properly. If Ripple actually published proper material and marketed then maybe. Like you said - actually incentivize it.
Yes I'd love to see how you did the stuff on the ledger using AI. 🙏
I will make a video this week. I just have to think up some fun projects
@@jungleinc excellent!! Looking forward to it.
If you’re into presales, Revux is a must-have. Early birds get the biggest worms!
Increasing my holdings in Revux is not just a financial decision but a testament to my confidence in its trajectory. The belief in its potential to deliver significant returns is a driving force behind this strategic move.
My bull run picks: LINK, UNI, and SOL. Best presale? Hands down, Revux.
Scam coin.
I know nothing about trading/ Investing and I'm keen on getting started. What are some strategies to get started ?
PLEASE🙏🏻🙏🏻
Isn't that the same Fiona that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
I'm new at this, please how can I reach her?
@Gerrald263Thanks a lot for the recommendation.
Thanks a lot for the recommendation.
Why is there low liquidity?
There is no tutorial for the simple user.
xPunks left the XRPL.
Other projects are faster, easier, and more liquid.
Revux revolutionary impact on loyalty programs could reshape the industry. Being an early adopter allows me to witness and contribute to this transformative journey, and I'm excited about the potential disruptions it could bring.
UBI via CBDC on XRPL? 🍞 Black Swans Matter.
Got XRP?
The XRPL is too illiquid.
I’m sure xrp has a larger plan. Xrp is not just a typical crypto.
Ripples plan is to keep selling XRP to fund projects that do nothing for the XRPL.
xPunks just gave up and moved to Solana.
Presale investments have been my go-to strategy, and Revux is the latest addition to my portfolio. Early engagement often leads to significant gains, and Revux potential as a disruptor makes it a strategic choice.
Revux roadmap offers a promising glimpse into the future. The strategic planning and thoughtful execution showcased in the roadmap instill confidence in the project's trajectory and contribute to the overall excitement.
Promises to scam you. Sh!t coin
Standing out in the crowded crypto space is no small feat, but Revux manages to be a gem. Its unique features and value propositions make it a standout choice, setting it apart from the myriad of other projects in the market.
Who else thinks Revux will outperform XRP soon?
While DOT, VRA, and SOL are on the bull run watchlist, Revux RVX shouldn't be underestimated. The potential for Revux to carve its niche in the market is evident, making it a compelling investment consideration.
Ya di ya di ya di
David Schwartz create Bitcoin for NSA? Antiquated fuel hog with planned obsolescence? Bitcoin is a first stage rocket booster. 💥 XRP is the SHIP!🚀 #XRPmoon 🌙
XRP bogs at 50 TPS.
No future.
It's about Ripple making it's investors rich, and the folks who buy XRP are people who have invested, and the semantics are just legal terms to ward off certain actions..the grief in the Ripple/XRP community is simple..people who hold 10000-20000 have not been paid back for their investment if you been holding for 7 years. Think about that if you have purchased between 10& 20 thousand XRP over the past seven years..you are still broke. Kind of sobering huh! Jungle I'm all for learning new tricks..it's how I keep my stripper girlfriend(s) happy..fire up them videos I'd love to learn!
Move on to projects that are already mooning.
XPunks just moved to SOL.
Ripple only offers up fat chicks.
I'm sorry, I really do not know, why you would want to put your XRP in AMM, the price go up you lose & we are waiting for this to happen, yes the price will come down, will it come back down to 0.50c probably not, so why put it in, F-asset's are coming very soon & you will not need to sell 50% of what you have to go in, when the price goes up, you make more, the only way AMM will be good, is after the SEC case is over & the price is where it will stay, maybe then, though why would you want to then come out of F-asset's
One has the opportunity with the AMM to accumulate more Xrp during the sideways movements over just holding and waiting for that flip of the switch moment.
Hugo and Garlinghouse are both charlatans.
There are better projects.
Protocols that are actually doing something positive.
It’s a crap chain meant to be spent. It’s not a buy and hold commodity like Bitcoin.
Sorry but nothing looks good for XRP.
Yes teach of the ledger
all im hearing is the XRPL is not decentralized at all and RIPple holds the keys to eveyrthing so yeah looks like the SEC hada right to sue them if alll we see is brand an chris with money
I don’t mean to make it sound like that. The XRPL functions in a decentralized manner. Consensus will ensure all payments settle in a decentralized way . But Ripple has all the money and their is no great way for others to make money
@@jungleinc
David Schwartz strong-armed the validators to vote for a buggy AMM.
Then Ripple summarily removed validators and installed others as validators of its choosing.
Ripple alone decides what proposals will be voted upon …and which ideas will die due to no vote.
Ripple also owns 45% of all the XRP.
This is as centralized as a project gets.