RIPPLE IS FLYING UP DON'T MISS OUT
RIPPLE IS FLYING UP DON'T MISS OUT
There is a lot of development going on around ripple. The price keep on going up and the market cap is really bursting up
Remember you don't have to support ripple, Just hold it.
Buy Altcoin: https://www.binance.com/?ref=11310259
Trade Cryto: https://www.binance.com/?ref=11310259
Note this is not a financial advice. Make your own research.
IMO, the only reason XRP is mooning is because of the demand for cheaply priced Alt coins is increasing. Many people entering the market for the first time and seeing the price are thinking "Oh, this is a bargain!" There are over 38 Billion (yes, ...illion with a "B") XRP on the market. Anyone with basic math skills will tell you this coin is trading at close to 10x current value. Sorry to say that some people are going to get burned badly!
Currently ripple is now at number two on coinmarket cap. With the media outreach and collaboration with the banks and also the rumor about coinbase supporting ripple, don't you think this coin might have a better chance next year?
No... not with that many coins! You could take the entire coin market cap and put it into XRP and it still wouldn't be worth $hit! Way too many noobs buying it up that don't understand market economics.
You are right, The coins is way too many. Don't you think the more people use it the more the price will increase. though certainly not up to $100 or $1000 anyway.
Sure it will grow some, but never expect it to moon like other popular cryptos. Think about it... the number of XRP tokens available is 5 times the world's current population. That's crazy!
The number of coins is massive in numbers. I believe to my own opinion that this coin maybe manipulated in value at the moment. Those trading with it should be cautious of when to cash out before it's too late.
Exactly my feelings!
You are right!!!