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Topic: How did Ripple (XRP) become so popular and blow up in price? (Read 566 times)

sr. member
Activity: 2226
Merit: 259
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ripple has always having bad rumour surrounding it but regardless this coin still becoming popular i guess part of it because the investors of ripple are usually newbies, they see ripple having partnership with big banks they then so sure ripple will be as valuable as bitcoin but thats just my speculation there might be other reason why its so popular.
It's true that there were a lot of rumors about XRP but it's passed a tough time because of the SEC issued a case and after that gradually big investors pulled out of it, case was ongoing for a long time in the court so it’s price going downtrend for the long time. Now if they won in the case and XRP is started increasing and you know BTC is already crossed over 40k$, it’s also a big impact on the market.
sr. member
Activity: 504
Merit: 268
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Actually if u ask me, I'll say the price of XRP is not that high, comparing the amount of years it's in existence, it ought to worth around a thousand dollar but, their court case with the SEC has been one of their major obstacle to experiencing a retarded growth in price, after all they have a good market cap and are listed among the top coins. The popularity of the coin is attached to the fact that it is indeed a promising coin, despite the issue of violation of law, they're still holding strong which means that is only thing holding them back, by 2024 I believe they'll finalize this issue of violation and then, we'll be see the true color of this coin.
member
Activity: 1027
Merit: 11
Ripple is one of the coins that has great potential, so many investors like it, especially now that XRP has just won its case with the SEC, maybe this is the main reason why Ripple is becoming more popular and its price is increasing, I am very sure that Ripple will be an investment the best in 2024.
legendary
Activity: 3094
Merit: 1127
Hi all,

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?

If you do want some technical overview on what it is then this would be a good read.

What is Ripple: Overview, history and XRP cryptocurrency
https://cointelegraph.com/learn/what-is-ripple-a-beginners-guide-for-understanding-ripple

If you are really wanting for more specially in comparison then here's one.

Bitcoin vs. Ripple Labs: What's the Difference?
https://www.investopedia.com/tech/whats-difference-between-bitcoin-and-ripple/


If we do speak about on general overview on how things do works here on crypto space then we arent that blind that
anything could be having a chance on rising up its price without knowing about its actual reason.
Come to imagine on what happened into those meme coins like DOGE,SHIB,PEPE on which its price did shoot up to the moon
even on coins which are considered on having no utility? This is why it would be normal that comes up into our mind
that everything could be pumped and it would be entirely depending on the demand which is always the keyword on here.
full member
Activity: 1025
Merit: 100
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I have always believed in Ripple because I am very optimistic that this coin has enormous potential, the proof is that even though Ripple is having big problems with the SEC and experiencing other bad news, XRP can still survive and can win the case. , so that currently investors are starting to hunt for rippel on a large scale, perhaps because of that factor, XRP has soared very high at the moment.
hero member
Activity: 1232
Merit: 516
Hi all,

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?

because in my opinion Ripple is a promising altcoin, so that makes Ripple popular and of course many people believe to investing in Ripple for the long term, so that is what makes the price of Ripple can increase very high, especially since Ripple is in the top 5 on coinmarketcap and has a market dominance is more than 2%, so it is natural that the price of Ripple could increase very high and reach $3, therefore in my opinion Ripple is still worth to investing, because the price of Ripple could increase very high again and reach its ATH or even make a new ATH.

That pump happens because of XRP's win against the SEC. Many investors even exchanges were forced to delist XRP and sell off their holdings due to pressure from the SEC and the USA government. Later they buy back the token and relist XRP on their exchange which also brings lots of cash to the XRP market. The technology XRP is providing is also great and it has applications with major institution who wants to develop their own payment network. So the future potential for price growth of XRP is also high.
full member
Activity: 798
Merit: 100
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Hi all,

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?

because in my opinion Ripple is a promising altcoin, so that makes Ripple popular and of course many people believe to investing in Ripple for the long term, so that is what makes the price of Ripple can increase very high, especially since Ripple is in the top 5 on coinmarketcap and has a market dominance is more than 2%, so it is natural that the price of Ripple could increase very high and reach $3, therefore in my opinion Ripple is still worth to investing, because the price of Ripple could increase very high again and reach its ATH or even make a new ATH.
full member
Activity: 2520
Merit: 204
OrangeFren.com
It happened on 2017 bull run where it was with Bitcoin during that time. I do not know, maybe there were just few choices for the majority of the altcoins and that is why wherever the demand was, there goes everyone who chose to get on it.
Past that, it did not reached the all time high that it has got again because of how various and wide the market is recently. Another reason was about the SEC issue that it has got so it didn't moved a lot last bull run.
Yes,  the ATH price happened in the 2017 market about according to the information or the chart showing the price of XRP then,  the coin seems to be highly manipulated then and according to that fact I think it was memecoin in the crypto market during the 2017.
that is the last ATH of XRP because the SEC chasing them is what Hinders the coin making another
Hype in 2021 in which I believe the destiny of Ripple , and now we are once again nearing Halving but hard to find reason
for XRP to reach another ATH again, according to its performance now after winning the case? it is not enough to bring
investors back to their tail again.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
It happened on 2017 bull run where it was with Bitcoin during that time. I do not know, maybe there were just few choices for the majority of the altcoins and that is why wherever the demand was, there goes everyone who chose to get on it.
Past that, it did not reached the all time high that it has got again because of how various and wide the market is recently. Another reason was about the SEC issue that it has got so it didn't moved a lot last bull run.
Yes,  the ATH price happened in the 2017 market about according to the information or the chart showing the price of XRP then,  the coin seems to be highly manipulated then and according to that fact I think it was memecoin in the crypto market during the 2017.

when it got to its ATH, of course, there was so much hype surrounding on this project. up until they got their encounter with SEC and so the drama began.
but when it comes to transfer purposes, i would also go for xrp as they have one of the cheaper fees out there and you can basically find it in major crypto exchanges, thus, its viability in the payment sector.
on the other hand, compared to other new alts and meme projects, i guess, i would go for xrp. at least, their presence in this market has been tested for years and years already and the xrp team is not yet giving up knowing that SEC is on the look out to this project.
member
Activity: 1165
Merit: 78
It happened on 2017 bull run where it was with Bitcoin during that time. I do not know, maybe there were just few choices for the majority of the altcoins and that is why wherever the demand was, there goes everyone who chose to get on it.
Past that, it did not reached the all time high that it has got again because of how various and wide the market is recently. Another reason was about the SEC issue that it has got so it didn't moved a lot last bull run.
Yes,  the ATH price happened in the 2017 market about according to the information or the chart showing the price of XRP then,  the coin seems to be highly manipulated then and according to that fact I think it was memecoin in the crypto market during the 2017.
hero member
Activity: 3080
Merit: 603
It happened on 2017 bull run where it was with Bitcoin during that time. I do not know, maybe there were just few choices for the majority of the altcoins and that is why wherever the demand was, there goes everyone who chose to get on it.
Past that, it did not reached the all time high that it has got again because of how various and wide the market is recently. Another reason was about the SEC issue that it has got so it didn't moved a lot last bull run.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
Hi all,

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?

A lot of people influenced the newbie investors to choose Ripple as one of their coin and those investors don't even know that Ripple is centralized which is not the nature of actual crypto currencies and from that it became one of the strong coin and later on it just hangs around here and there with often support from whales with bump and dump on its prices along with the market trends. It is one of the coin that doesn't deserve to exist at all in my opinion so XRP holders beware that it might goes to zero at any time.
full member
Activity: 2548
Merit: 217
Hi all,

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?
they may have  Huge supply but XRP is also one of the most used in terms of payment because of its super low fee and also faster being sent.
have been using Ripple(XRP) for years specially back then when I was still a active gambler , ripple and Dogecoin are the cryptos that i commonly uses (as i kept my bitcoin on hold)
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?
Age definitely plays a big role in the crypto world, not that all the coins that has been around for a while ended up with some success, a lot of them crashed and died, but there are still a lot of coins that stay from back in the day. You are not going to see too many 2023 created top ranked coins, look at the top 100 and tell me how many of them were created in the 2023, not a lot of them, I am not even sure if there are any of them, must be very few if they exist.

The top 10-20 doesn't even have any, it's impossible to crack in there, time helps the good ones, while making bad ones go away. This is why I do not invest new coins, and invest into ones that has been around for a while, they are established and they can be good. XRP is one of them, I dislike it and do not buy it, but I understand that it's good because of the time it has been around, people built some trust with it and they enjoy it and like it no matter how centralized it could be.
And we see this because even if the hype can be very powerful and make a coin skyrocket, this is only a temporary occurrence, in order for any coin to become one of the top coins in the market much more is needed, and the majority of the coins out there do not have it.

So it is not surprising to see that the majority of the altcoins that are released experiment one out of two very simple cycles, the first one is an immediate crash after being released and the inability to ever recover, and the second cycle is one in which some level of success is reached by the coin, followed by a crash and eventual disappearance.
legendary
Activity: 3318
Merit: 1128
Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?
Age definitely plays a big role in the crypto world, not that all the coins that has been around for a while ended up with some success, a lot of them crashed and died, but there are still a lot of coins that stay from back in the day. You are not going to see too many 2023 created top ranked coins, look at the top 100 and tell me how many of them were created in the 2023, not a lot of them, I am not even sure if there are any of them, must be very few if they exist.

The top 10-20 doesn't even have any, it's impossible to crack in there, time helps the good ones, while making bad ones go away. This is why I do not invest new coins, and invest into ones that has been around for a while, they are established and they can be good. XRP is one of them, I dislike it and do not buy it, but I understand that it's good because of the time it has been around, people built some trust with it and they enjoy it and like it no matter how centralized it could be.
hero member
Activity: 952
Merit: 552
ripple has always having bad rumour surrounding it but regardless this coin still becoming popular i guess part of it because the investors of ripple are usually newbies, they see ripple having partnership with big banks they then so sure ripple will be as valuable as bitcoin but thats just my speculation there might be other reason why its so popular.

Ripple is a noise maker project, they do this, they do that with banks, next blockchain of the banks. Where exactly are the partnership banks that are utilizing ripple to make borderless transaction around the world? There is none, banks don't have their own power on their own because the Central banks are watching to kick them out of the system if found of any violation.

Secondly, they make news everywhere and here, won the lawsuit against SEC which I'm happy about but ripple is and will never come close to bitcoin because bitcoin is different and ripple is different. Take a look at the pricees, since ripple crash in 2018 after the bull run, it has not exceeded the previous ATH, I really wonder if the price will grow pass that or maybe 2018 was fake pump.


xrp one of old coin like doge and ltc, lot of people already knew xrp was centralized and they dumping continuesly to market. and makes lot of money from it,
back then only few coin to choose and with ton of free money they easy to pump to ultimate high even passing eth sometimes in 2017 and makes no.2 crypto for couple days

It makes a lot of sense to say that investors that had Xrp earlier in the crowd funding time had access to billions of Xrp at cheaper price and sell off and abandoned the new investors. The new investors are stuck in between and may just be waiting to see full recovery to exit the market without looking back, the reason why the price has been stuck behind.
hero member
Activity: 1400
Merit: 674
Hi all,

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?
xrp one of old coin like doge and ltc, lot of people already knew xrp was centralized and they dumping continuesly to market. and makes lot of money from it,
back then only few coin to choose and with ton of free money they easy to pump to ultimate high even passing eth sometimes in 2017 and makes no.2 crypto for couple days
Apart from that, XRP is also considered as an alternative to SWIFT, which will replace the financial system used by SWIFT in international transactions and from company to company it can also be integrated which will make transactions more effective and efficient.
If you pay attention, the bear holders are companies related to Ripple.

Apart from that, XRP also has a lot of controversy and collusion with global elites such as the Roschild family, I am also quite interested and have some XRP as a sign of curiosity about their future movements, even though they are still at odds with the SEC, they are quite strong today.
legendary
Activity: 1764
Merit: 1002
Hi all,

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?
xrp one of old coin like doge and ltc, lot of people already knew xrp was centralized and they dumping continuesly to market. and makes lot of money from it,
back then only few coin to choose and with ton of free money they easy to pump to ultimate high even passing eth sometimes in 2017 and makes no.2 crypto for couple days
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
The cheap transaction fee is one of their good features, and then there's the fast transaction too.
They were already popular before and when the SEC hit them, they were suddenly not in the trend anymore. But they fought the SEC back and partially won the case so they are back on track again. It's not like every project out there will do the same as what XRP did, most of the time they will just let it go and file a bankruptcy. I think they did well at doing that and investors will come in again even though some leave them after what the SEC did.
Anyway, today's market is all about the trend, if one project can somehow make it to the top of the trend then there's a chance it will climb in value. Ain't Shiba Inu the one proof of that?
newbie
Activity: 164
Merit: 0
 If you don’t know what to do on the market now try Fairspin tournament, can play their games or stake TFS there is a big chance to win some extra cash
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