Ripple has lost its Upward momentum -30%..
Ripple(XRP) plummet lossing most of its gains. After coinbase announced that it is not going to support ripple on its platform. The price of ripple token fell more than 30% From $3.8 to $2.57. According to coinmarketcap.
Source; Coinmarketcap.com
Ripple’s all time high was at 3.8 dollar. Investing in cryptocurrencies is highly speculative and the market is not regulated. If you are not a long term investor you should be prepared to lose your investment anytime because of the market fluctuations. Ripple got a sudden boost, because most of the investors were hoping that, coinbase is going to list XRP on its platform.
I'm quite pleased to be honest. Of course, it's not good for the holders, but the reason I wanted to get in to cryptocurrency was due to its decentralised nature. Ripple is the complete opposite of that.
I agree , But it has a potential for growth. One day XRP will take place of SWIFT system completely.
I think it has more to do with this
https://steemit.com/bitcoin/@dragosroua/coinmarketcap-excludes-south-korean-exchanges-markets-seems-to-dip
You might be right .. but dont publish post links in comments , it is considered spam. Thank you
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