XRP Is Up 33% in August. Here's Why I'm Not Buying XRP at a Price of $1.44

XRP surged 33% in August driven by anticipated favorable cryptocurrency regulation, but the analyst remains skeptical of its fundamental value. The core issue is XRP's tokenomics: the network's transaction fees are insufficient to offset new supply entering circulation, meaning the coin's value isn't tied to the network's success. While regulatory catalysts could drive short-term gains, the author won't add to holdings until supply issues are addressed.