I'm posting this once for everyone who doesn't understand the cult following behind XRP. There are rumors that XRP is worth thousands of dollars. Many people believe that this is not possible due to the large amount of coins in circulation. However, some people keep their coins in cold storage. This takes them out of the market. If too many people do this, there could be a supply shock and the Market Cap would not matter at that point... Fast forward to today and the recent pumps...
There are rumors that banks around the world are interested in keeping some XRP in them as a reserve (cold storage). If this happens, the amount of XRP actually available for trading would be significantly reduced. Lower supply, same or increasing demand, what happens to the price? Everyone always cries about "Market Cap would have to be 4, or 40, or 400 trillion, or whatever, blah blah blah". Actually, that's not the only factor. Do I believe this will actually happen? I'm heavily invested in XRP, but I'm also extremely diversified in the rest of the ALT coin market. I believe in the short and long term success of this coin, especially with the way its CEO conducts himself, presents himself, and his unapologetic manner. He looks like a winner. I'll take partial profits at $5 and DCA out of my position there, it would be very difficult for me to NOT sell my entire bag at $10, however, I will NEVER sell ALL of my XRP. Do with this information what you will.
I'm posting this once for everyone who doesn't understand the cult following behind XRP. There are rumors that XRP is worth thousands of dollars. Many people believe that this is not possible due to the large amount of coins in circulation. However, some people keep their coins in cold storage. This takes them out of the market. If too many people do this, there could be a supply shock and the Market Cap would not matter at that point... Fast forward to today and the recent pumps...
There are rumors that banks around the world are interested in keeping some XRP in them as a reserve (cold storage). If this happens, the amount of XRP actually available for trading would be significantly reduced. Lower supply, same or increasing demand, what happens to the price? Everyone always cries about "Market Cap would have to be 4, or 40, or 400 trillion, or whatever, blah blah blah". Actually, that's not the only factor. Do I believe this will actually happen? I'm heavily invested in XRP, but I'm also extremely diversified in the rest of the ALT coin market. I believe in the short and long term success of this coin, especially with the way its CEO conducts himself, presents himself, and his unapologetic manner. He looks like a winner. I'll take partial profits at $5 and DCA out of my position there, it would be very difficult for me to NOT sell my entire bag at $10, however, I will NEVER sell ALL of my XRP. Do with this information what you will.
Ripple's XRP has been a favorite of cryptocurrency traders since it went through several face-melting rallies at the end of the 2017 alt season. Now, bullish XRP price predictions are being published across the crypto sphere. Here's your guide to Ripple's XRP, with everything you need to know, including the answer to this question - Will XRP hit $50 in 2025? What is XRP? A Comprehensive Guide to Ripple Cryptocurrency
XRP is the native cryptocurrency of the XRP Ledger, a decentralized blockchain designed to facilitate fast, cost-effective, and scalable cross-border payments. Developed by Ripple Labs, XRP aims to solve common problems in traditional financial systems, such as high fees and slow transaction times. Here’s everything you need to know about XRP, why it’s gaining traction in the blockchain and cryptocurrency world, and why XRP price predictions are bullish.
Ripple's XRP has been a favorite of cryptocurrency traders since it went through several face-melting rallies at the end of the 2017 alt season. Now, bullish XRP price predictions are being published across the crypto sphere. Here's your guide to Ripple's XRP, with everything you need to know, including the answer to this question - Will XRP hit $50 in 2025? What is XRP? A Comprehensive Guide to Ripple Cryptocurrency
XRP is the native cryptocurrency of the XRP Ledger, a decentralized blockchain designed to facilitate fast, cost-effective, and scalable cross-border payments. Developed by Ripple Labs, XRP aims to solve common problems in traditional financial systems, such as high fees and slow transaction times. Here’s everything you need to know about XRP, why it’s gaining traction in the blockchain and cryptocurrency world, and why XRP price predictions are bullish.
Ripple's XRP has been a favorite of cryptocurrency traders since it went through several face-melting rallies at the end of the 2017 alt season. Now, bullish XRP price predictions are being published across the crypto sphere. Here's your guide to Ripple's XRP, with everything you need to know, including the answer to this question - Will XRP hit $50 in 2025? What is XRP? A Comprehensive Guide to Ripple Cryptocurrency
XRP is the native cryptocurrency of the XRP Ledger, a decentralized blockchain designed to facilitate fast, cost-effective, and scalable cross-border payments. Developed by Ripple Labs, XRP aims to solve common problems in traditional financial systems, such as high fees and slow transaction times. Here’s everything you need to know about XRP, why it’s gaining traction in the blockchain and cryptocurrency world, and why XRP price predictions are bullish.
I invested, but I'm sure it won't be more than $3.
Paul Henrich
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By February it will go up to $3 when the SEC process is over. If you invested, you should read more about the currency and not depend on third party advice...
$USUAL if regret killed I was dead, usual for more than 1.3 and I sell it at 1.2 🥲 I hope it reaches 1.02-1.15 so I can buy it again, I sincerely regret it