RIPPLE...Really???
Ripple go home your drunk.
This recent pump in ripple is out of this world. I believe that this is being caused by new money coming into crypto and buying based on cheapest price in and near the top ten coins. This hypothesis is supported by other coins like ripple (Cardano, NEM, Stellar) with low price but high coin supplies pumping. WARNING this will not last forever and we should see a large pullback soon like the one we saw with bitcoin over the last month. Once this cools off we will see the redistribution of money back into the main coins etc. bitcoin, litecoin, ether.
Fundamentally nothing has changed with the crypto market and Bitcoin is still king. All this new money will learn a lesson once this pump is over and the whales start to take profits. Be cautions and take profits very soon.
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Damn true Man! I wonder why not steem instead of ripple.
Can you elaborate a but more as to why you think Bitcoin is still king? Seems like the technology isn’t the best when compared to other currencies and that it’s popular due to name rexognition at this point. My opinion is that 2018 will mean a furher reduction in BTC’s market dominance but I’m open to have my view changed.
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