Is The Ripple [XRP] Coin An Over Hyped Market?

2018-10-7 20:48

There has been a great public sentiment towards Ripple’s native token XRP, and many are of the believe that its good times has arrived seeing that the Swell 2018 conference and the announcement of launch of the XRapid product has gained a lot of attention from major players within the online payment industry.

Irrespective of this successes, I still believe that some reservations should be made by investors, even though that this news made XRP to be the best cryptocurrency of the month of September 2018.

The reasons for my believe are:

1) History always repeat itself: some that are new within the cryptocurrency sphere might not be aware that XRP rose to an all time high value of $3.84 around mid Jan this year after the bubble, before reducing in price by more than 1000%. Although, it is presently regaining some of it’s lost value.

2) It has strong competitors: one would have said that XRP could have been improving with the addition of this new products, but it’s Strong competitor like Stellar lumen (XLM) which was Created by the Stellar Foundation is also improving in its update. Recently, the Stellar foundation just launched its decentralized exchange StellarX.

The improvement in the price of XLM has a long way to affect the expectations of XRP investors since both Foundations have a common mission of been used as the best payment platforms and help the unbanked people in the world.

3) Traders sentiments could swing: that is one of the reasons for the high volatility of the crypto market. Although, the public sentiment towards XRP is good presently which has made it’s recent gain to be a bit stable.

However, this could swing and eventually lead in reduction of trading volume and also decrease in price, hence investors could encounter great loss for the hype in market price of XRP.

The post Is The Ripple [XRP] Coin An Over Hyped Market? appeared first on ZyCrypto.

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Источник: zycrypto.com

xrp ripple → Результатов: 126


Сколько XRP у Ripple? Компания раскрыла свои резервы

Недавно Ripple опубликовала отчет по XRP за четвертый квартал 2024 года, в котором поделилась, сколько именно XRP у нее на счетах. Судя по отчету, Ripple держит запасы в двух «карманах»: Свободный XRP — токены, которые у компании прямо в кошельке.

2024-11-3 12:03


Фото:

Ripple at crossroads as co-founder moves 30 million tokens amid reserve surge

Ripple (XRP), one of the most prominent cryptocurrencies, has garnered attention due to a series of significant market and on-chain events that have left the XRP community uneasy. With developments around large token transfers and increasing exchange reserves, questions have arisen about the future direction of XRP’s price. In this article, we explore these key […]

2024-9-27 21:56


Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption

A crypto analyst from the YouTube channel AllinCrypto presented a video to prove that Ripple’s XRP has the best chance of being used as a currency compared to other cryptos. His argument is that the strength of XRP is not that it uses a currency but that it can enable the existing fiat currencies’ capabilities […] The post Why Ripple’s XRP Has an Edge Over Bitcoin and Ethereum in the Race for Practical Cryptocurrency Adoption appeared first on CaptainAltcoin.

2024-8-29 23:45


Ripple начинает тестирование своего стейблкоина на Леджере Ethereum и XRP

Компания Ripple, ориентированная на предприятия блокчейн-сервис и создатель XRP Ledger (XRP), сообщила в пятницу, что начала тестирование своего стейблкоина в сети Ethereum (ETH) и XRP Ledger. “В настоящее время Ripple USD находится на стадии бета-тестирования и проходит тщательную проверку нашими корпоративными партнерами”, – говорится в сообщении компании в блоге.

2024-8-10 01:38


Ripple переместили 150 млн токенов XRP

Команда финтех-стартапа Ripple, стоящего за токеном XRP, перевела около 150 мдг XRP из своих резервов на различные криптокошельки. Суммарная стоимость переведенных токенов XRP составляет примерно $66 млн.

2024-7-11 08:47


Ripple Develops Cross-Chain Bridge to Expand XRP’s Reach to Ethereum

Ripple (XRP) has unveiled a development that aims to expand the reach of XRP and unlock new opportunities in the realms of decentralized finance (DeFi) and real-world assets (RWA). The introduction of the XRPL EVM Sidechain brings Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger, enabling seamless interoperability between the two ecosystems.

2024-6-13 20:15


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Сколько XRP у Ripple? Компания раскрыла свои резервы

Недавно Ripple опубликовала отчет по XRP за четвертый квартал 2024 года, в котором поделилась, сколько именно XRP у нее на счетах. Судя по отчету, Ripple держит запасы в двух «карманах»: Свободный XRP — токены, которые у компании прямо в кошельке.

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