The founder of Web3Alert explained why the price of XRP has hardly changed in five years

Nick, founder of Web3Alert, shared his opinion on why the price of XRP is barely moving compared to other lesser-known digital assets

The founder of Web3Alert, known as Nick, expressed his views on the price stability of XRP compared to less popular digital assets, while emphasizing the importance of liquidity in the world of cryptocurrencies.

Intervening in discussions in the crypto community, Nick highlighted a key point that is often ignored - the liquidity of cryptocurrencies. He emphasized that complaints about the lack of price movement of XRP are related to its high liquidity.

Explaining the complexities of managing a cryptocurrency worth over $30 billion, Nick contrasted its liquidity with smaller coins. He emphasized the fallacy of comparing blue chips like XRP with less liquid shitcoins.

Nick advises avoiding a single valuation metric for projects like XRP and more volatile alternatives. He calls for significant differences between blue chips and shitcoins.

It is important to emphasize that this explanation is controversial. Analysis of historical data shows that XRP is significantly inferior to established cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Cardano (ADA)

It should be noted that since November 2018, XRP has only grown by 86%, while BTC, ETH and ADA have seen thousands of percent growth. For example, Bitcoin, which was worth $3,156 in November 2018, is up 1,200% in five years and 2,300% from its all-time high. Ethereum has also seen impressive growth.

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