Stranger
23.5K posts
Stranger
@fuzzy_stranger
#XRP will power the world
{7} Katılım Mart 2025
3.7K Takip Edilen3.4K Takipçiler
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I noticed something interesting about many memecoins on XRPL. In many cases, nearly all of their liquidity is in the form of an AMM between XRP and the memecoin. This means that if the price of XRP (say, measured in dollars) goes up, say, 5%, the price of the memecoin (again, measured in dollars) goes up 5% automatically because the AMM maintains the same exchange rate to XRP.
Of course, the memcoin's price can change independently of the price of XRP. And an increase in the price of XRP leading to an increase in the price of the memecoin can trigger profit taking in the memecoin even if it doesn't trigger profit taking in XRP.
But still, it means that if you hold $50 worth of a memecoin of this type, one component of the future price of the memecoin will be changes in the price of XRP. In effect, you have some exposure to the changing supply and demand for the meme and some exposure to the changing value of XRP.
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This @fuzzy_dev_ profile is Not David.
And this post by @JoelKatz is not an endorsement.
David 'JoelKatz' Schwartz@JoelKatz
As I promised, I have added a trust line for $FUZZY. This is not an endorsement of the project in any way. I know *much* less about this project than you probably think. But I do think it's a fun community. bithomp.com/tx/2609E77B5A0…
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Let's integrate the $FUZZY Vegas Magic together.
See you tomorrow Monday 5/4 at 5pm +89 Minutes Eastern.
@fuzzy_xrp @fuzzy_dev_ @fuzzy_ceo @fuzzy_community
x.com/i/spaces/1YxNr…
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I’m going to @BlueGrasshoppa’s upcoming Space. Will you join too? twitter.com/i/spaces/1YxNr…
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Clearly Fuzzy is the best the XRPL has to offer. It has the highest market cap ($18m) aside from the pegged assets USD and BTC on the ledger, which are larger.
You came for the future of finance and instead got a crackhead bear.
David 'JoelKatz' Schwartz@JoelKatz
As I promised, I have added a trust line for $FUZZY. This is not an endorsement of the project in any way. I know *much* less about this project than you probably think. But I do think it's a fun community. bithomp.com/tx/2609E77B5A0…
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Getting the OG Fuzzy card signed. I still don’t get why @JoelKatz didn’t ask for my autograph as well. But it’s all good. Thanks my fuzzy bro.
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