Thread by @Arcane_Tiger

Token velocity is EXTREMELY important to the price action of a crypto

The more a crypto changes hands, the higher the velocity is

There’s a reason why payment tokens without any means of reducing velocity (lockup’s, staking, etc) struggle to see significant price appreciation

If a token is aiming to provide liquidity in large transactions ($XRP)

That’s when high token velocity can be an edge.

There’s no way $XRP can be used to it’s full utility if it’s only priced in the single digits.

(2/4)

If you’re settling 5T a day like SWIFT, you’d need a bare MINIMUM $50 $XRP to support the necessary settlement.

With current circulating supply, it would need to be $100.

In reality, you would need a significantly higher $XRP than that price to prevent any bottlenecks

So all in all

Token velocity is not good or bad

It’s contextual to use case and objectives.

$QNT is a low token velocity and is valuable

$XRP is a high token velocity and will be valuable IF it can accomplish what it’s set out to do.

Thanks for reading