Vincent Van Code Explains Why XRP Holders Shouldnt Panic Amid Market Crash
- 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 theres no real fundamental reason for XRPs sharp correction. Instead, he blames the chaos on a mix of global economic panic and the predictable volatility that comes with uncertainty.
XRPs fundamentals remain strong
Van Code pointed out that XRPs 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 hasnt vanished; what has changed is the mood of the market.
According to him, this correction isnt a response to any deterioration in XRPs utility or ecosystem. Rather, its a symptom of broader risk aversion, much of which stems from collapsing traditional markets. Last week, the U.S. stock market reportedly shed over $6.5 trillion in value in just two dayscollateral damage from an escalating global trade war.
According to him, whats happening isnt random. The U.S. government and its allies, he claims, are engaging in an economic warsubtly destabilizing rival economies, weakening fiat systems, and laying the groundwork for a new financial infrastructure.
But this reset isnt about instant fixes or overnight miracles. Were still in the tearing-down phase, Van Code explained. The rebuilding will come, but only after the old systems have been broken down entirely.
For XRP holders watching their portfolios shrink, Van Code offers a different perspective: the markets downturn is a calculated move by powerful institutional actors.
He believes these major players shorted the market weeks agoanticipating the fear, triggering the crash, and waiting for the perfect moment to flip long positions. When that pivot happens, he says, the market could witness a dramatic reversal.
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
