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Thinking about dumping your XRP? Hold your horses—make sure you’ve got a solid plan first.
A well-known software engineer has expressed confidence in XRP despite its sharp price decline in recent market turmoil. The digital currency has fallen 16% to $1.76 amid widespread selling across cryptocurrency markets.
Market Drops Hit Major Cryptocurrencies Hard
Bitcoin values have also plummeted, dropping more than 8% to $76,000, based on market data quoted in recent news. The selloff seems to be part of a bigger decline hitting several cryptocurrencies.
Vincent Van Code, a renowned figure among software engineers, opines that the recent price declines are a result of fear and not inherent issues with XRP itself. According to his evaluation, the existing selling pressure is not based on any substantial reason beyond general market sentiment.
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: Past Price Spike Attributed To Political Reasons
According to Van Code, the previous sudden spike in XRP’s price from $0.54 to $3.40 was primarily spurred by pro-cryptocurrency policy optimism anticipated from the new US administration. This suggests the token’s value has been heavily influenced by political considerations rather than only technical improvements or adoption rates.
The engineer points out that nothing has fundamentally changed about XRP’s prospects, even as prices fall. He attributes current market conditions to spillover effects from traditional market volatility, noting reports that the US stock market lost approximately $6.5 trillion in value within a two-day period last week due to global trade tensions.
Expert Points To Larger Economic Changes
Van Code connects current market instability to what he describes as a major geopolitical and economic transformation. Based on his statements, he believes the US government is engaged in actions that have destabilized multiple economies as part of what he calls a “global financial reset.”
The engineer warns that such sweeping economic transformations usually necessitate the breakdown of current structures prior to the rebuilding process, implying that investors should better be prepared for further volatility.
On Market Shorting
Instead of looking at the decline as reason to panic, Van Code sees prevailing situations as possibly deliberate actions of influential market players. In his estimation, some investors have already made some pretty good gains by shorting the market prior to the latest price declines.
He forecast that the same investors will turn their positions around in a short time and start buying again, possibly inducing what he called a “miraculous” market bounce. Van Code draws an analogy with swimming near huge whales in a stormy sea—turbulent but possibly manageable with the right tactics.
The engineer urged XRP investors not to close their positions in spite of short-term price drops, saying there is still a good chance of a big price run once market conditions are stable.
Featured image from Gemini Imagen, chart from TradingView
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
