XRP’s Price Could Keep Falling as Holders Decrease

XRP’s Price Could Keep Falling as Holders Decrease

13:33 - 20/04/2020

Ethereumworldnews

In brief: A new report by eToro and The Tie shows that the number of Twitter users discussing XRP has fallen drastically.  The report also indicates that members of the XRP army have continued to decline since January 2018.  The new stats could indicate a continuous trend of capitulation by XRP investors.  Times have drastically changed for XRP since the exciting days of late 2017 and early 2018. Back then, XRP was also known as Ripple and the company had […]

What is the Ripple ?

Ripple has experienced strong growth since mid-December. Dethroning Bitcoin Cash on the podium of the most popular cryptocurrencies, and even more recently the Ether, to take the second place in terms of capitalization behind Bitcoin. The Ripple has the specificity of having the support of the banks: UBS, UniCredit or Santander already use its blockchain, which allows funds to be transferred free of charge.

Rejected by “geeks” and “cypherpunks”. Who defend individual freedoms and encrypted currencies as a way out of the rut of financial institutions and states. The Ripple seems promised a bright future with the support of banks.

Ripple’s co-founder, Chris Larsen, is now one of the 25 richest people in the world. Holding 5.9 billion units of this cryptocurrency, plus his stake in the company.