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. 
Topic: How did Ripple (XRP) become so popular and blow up in price? (Read 566 times)
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.
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.
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?
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.
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.
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?
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.
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?
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.
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.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.
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.
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.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.
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.
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. 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.
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.
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.
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?
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.
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.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?
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)
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.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?
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.
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.
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.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?
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.
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
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.
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,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?
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
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.
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,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?
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
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?
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?
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
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.
People had just made it bad and negative rumors because XRP is still looking good. Maybe our concern is the price which is quite not growing high like others that makes some blowouts but if you could really see how useful it was in many traders, you can find that the trx cost it too small compared to other coins. This is why it brings XRP to attention and remains popular. A certain project may not just be familiar with its price but can be also on the nature of its function and XRP does something, a big help to the traders. I've seen these concerns often. Crypto's early days were about decentralization, as many remember. The key principle! Like you, several of these projects lean toward centralization. Its scary, right? Seeing people support centralized projects confuses crypto enthusiasts who like decentralization.
Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.
Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?
I think the problem is not ideological but it is simply about convenience, people will simply follow the path of least resistance and if that is the path that leads to centralization then they do not care, it is only once they begin to be affected by that centralization in which people will raise their voices and look for a change.Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.
Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?
And an example of this is Amazon, people love to receive their products that come from the other side of the world in just a few days, so they love Amazon, it is only now that Amazon has become so powerful that now many small business are suffering and people are losing their jobs that they are now complaining about it.
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.
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 is not a new coin, they have been around for a long time and have often been competitors to ETH in the CMC rank in the past. However, since the problems with the SEC, XRP has fallen, really fallen, so it has not been able to reach a very significant ATH bullish era. And finally, after going through problems with the SEC, XRP returned to rise again. But it was still not as optimal as before.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?
Maybe because you are new to this coin. However, in fact, the increase is normal and not that significant if you look at the history of progress from now on. However, in fact, XRP has good fundamentals and a good team so that as an old coin,
Ripple had gained popularity during last quarter of 2017 as i remember even I got 10x returns but Ripple is centralized and dev team can dump or take out the tokens from market to manipulate the coin's price to create false market emotions by creating demand/supply this it became talk of the town and gained popularity, also Ripple works with banks to help them with transactions.
I've seen these concerns often. Crypto's early days were about decentralization, as many remember. The key principle! Like you, several of these projects lean toward centralization. Its scary, right? Seeing people support centralized projects confuses crypto enthusiasts who like decentralization.
Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.
Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?
That has been quite scary for a long time and yet the fact that people are still doing it makes me wonder what we are still doing. I mean if the projects are so centralized then it would not be all that great to handle it, we should be considering it a bit more dangerous.Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.
Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?
Centralization is a lot more common nowadays that's true, and we should dislike it as much as we possibly could, but that doesn't mean that we are going to end up with XRP looking good, that was the OG centralized project and unfortunately people accepted it and put money into it.
What this caused is to open doors for the future where more and more projects became centralized seeing how XRP was accepted, so project creators decided if XRP can be centralized and make so much money for their creator, then we could do it too. Now the entire crypto space is filled with smaller XRP type of projects. If only we rejected it and not invested into them, it would have been a lot better for the market today.
With the mindset of scamming people. There were two guys, then a lot more of course but at first there were two guys, who said that they could turn crypto into a business, and earn a lot of money from it, they could just print and sell their crypto and make it look legal and then end up selling it to people. They did that, print whatever amount they want, they still could print whatever amount they want, and then they ended up selling it to poor folks with a promise of making a lot of money.
This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.
For those who have been here long enough, and not just recently joined the crypto world; this is exactly how it happened and how it is going so far. It's true that it was created by some people and it is heavily centralized and all of that is valid and true.This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.
I think people are making big mistakes by trying to figure out a way to change that and they should not try to do that at all. It is obvious that we are going to end up with a result that would change our perspective on what crypto is, because normally that's a decentralized thing and here we are talking about centralization being ok if you invest into them. I would never say that, centralization has always been bad and keep on staying bad for crypto on the long run.
Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.
Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?
Although it has received a lot of controversy in this space, we have all witnessed the journey and position it created, I think up to now XRP is also much stronger than many other leading cryptocurrencies in terms of features. And about the story of potential price increase that many people pose, but the hypothesis that I find is quite limited in terms of market size, I personally believe that the huge development potential creates a large crypto market and brings Strong growth comes directly from internal projects.
After winning the SEC issue, holders have been more positive about this project to see it rise high again. XRP still dominates some altcoins not because of its popularity and fame, it is because many people use this due to it's low transaction fees which give options to most traders. Might not be seeing it rise again but can be possible when the market turns bullish. Holders become strong because of trust and confidence that this project won't disappoint them. Indeed some developments may come and people are rooting on how it affects the price positively. And once that happens it is going to be impossible for ripple to keep itself on the top 10, and whatever use case it may have now will soon disappear.
With the mindset of scamming people. There were two guys, then a lot more of course but at first there were two guys, who said that they could turn crypto into a business, and earn a lot of money from it, they could just print and sell their crypto and make it look legal and then end up selling it to people. They did that, print whatever amount they want, they still could print whatever amount they want, and then they ended up selling it to poor folks with a promise of making a lot of money.
This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.
For those who have been here long enough, and not just recently joined the crypto world; this is exactly how it happened and how it is going so far. It's true that it was created by some people and it is heavily centralized and all of that is valid and true.This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.
I think people are making big mistakes by trying to figure out a way to change that and they should not try to do that at all. It is obvious that we are going to end up with a result that would change our perspective on what crypto is, because normally that's a decentralized thing and here we are talking about centralization being ok if you invest into them. I would never say that, centralization has always been bad and keep on staying bad for crypto on the long run.
September 30, 2023, 02:52:15 AM
Although it has received a lot of controversy in this space, we have all witnessed the journey and position it created, I think up to now XRP is also much stronger than many other leading cryptocurrencies in terms of features. And about the story of potential price increase that many people pose, but the hypothesis that I find is quite limited in terms of market size, I personally believe that the huge development potential creates a large crypto market and brings Strong growth comes directly from internal projects.
After winning the SEC issue, holders have been more positive about this project to see it rise high again. XRP still dominates some altcoins not because of its popularity and fame, it is because many people use this due to it's low transaction fees which give options to most traders. Might not be seeing it rise again but can be possible when the market turns bullish. Holders become strong because of trust and confidence that this project won't disappoint them. Indeed some developments may come and people are rooting on how it affects the price positively. Honestly, perhaps looking back at the case with XRP, we can only see that they were unlucky in recent years when legal issues related to the SEC made them develop, but we also hope that in the future they will have more resilience.
September 29, 2023, 04:31:34 AM
One of the strengths of the Ripple project is its focus on improving the international payment system. Blockchain technology and the RippleNet network have helped reduce the time and cost of cross-border transactions, making currency exchanges faster and more efficient. This can have a positive impact on the international finance and trade sectors. It is recognized that Ripple is doing very well in real-world applications. At the current moment, its price certainly cannot reach the old peak as you mentioned, given its current circulating supply is not the same as the circulating supply of XRP from 6 years ago.
September 29, 2023, 03:46:18 AM
Although it has received a lot of controversy in this space, we have all witnessed the journey and position it created, I think up to now XRP is also much stronger than many other leading cryptocurrencies in terms of features. And about the story of potential price increase that many people pose, but the hypothesis that I find is quite limited in terms of market size, I personally believe that the huge development potential creates a large crypto market and brings Strong growth comes directly from internal projects.
After winning the SEC issue, holders have been more positive about this project to see it rise high again. XRP still dominates some altcoins not because of its popularity and fame, it is because many people use this due to it's low transaction fees which give options to most traders. Might not be seeing it rise again but can be possible when the market turns bullish. Holders become strong because of trust and confidence that this project won't disappoint them. Indeed some developments may come and people are rooting on how it affects the price positively. September 29, 2023, 03:04:40 AM
Although it has received a lot of controversy in this space, we have all witnessed the journey and position it created, I think up to now XRP is also much stronger than many other leading cryptocurrencies in terms of features. And about the story of potential price increase that many people pose, but the hypothesis that I find is quite limited in terms of market size, I personally believe that the huge development potential creates a large crypto market and brings Strong growth comes directly from internal projects.
September 28, 2023, 11:57:15 PM
The price of XRP isn't quite moving high, I hold some for a year but unfortunately, I'd never make a profit yet. I could still hold and wait for the bull season if see nothing has changed, I will sell them.
For now, I see XRP as not really good for investment but if you think about an option to move your coins to another wallet, you can find that XRP gives you a cheaper cost/fee. Many people see it as a useful asset in the crypto space but some also reject it due to some issues. However, XRP is still one of the top coins in the market and remains popular but this is not about the price, it is certainly because of the low fees.
its honestly quite awesome feat that XRP could hold the position among the top five already, although current price was fraction of what its in the past, im talking about $3 for each XRP but the total supply I assume have increase significantly so thats why market capitalization is high while the value remains quite low compared to its all time high.For now, I see XRP as not really good for investment but if you think about an option to move your coins to another wallet, you can find that XRP gives you a cheaper cost/fee. Many people see it as a useful asset in the crypto space but some also reject it due to some issues. However, XRP is still one of the top coins in the market and remains popular but this is not about the price, it is certainly because of the low fees.
but regardless if i were given a choice i'd definitely go with the newer coins i think XRP has already drained of its potential that I don't think it will ever hit its previous all time high ever again.
the coin itself is good at keeping its market capitalization but not really great for those interested in investing from my point of view.
And while ripple did in fact recover after this happened, its price has stabilized already and it is nowhere near its previous all time high, so once the bull market comes and ripple is unable to keep up with the likes of bitcoin and ethereum then those people will finally understand that they will never recover their money, and they will finally sell hoping to find a better coin in which they could invest.
September 25, 2023, 12:21:50 PM
With the mindset of scamming people. There were two guys, then a lot more of course but at first there were two guys, who said that they could turn crypto into a business, and earn a lot of money from it, they could just print and sell their crypto and make it look legal and then end up selling it to people. They did that, print whatever amount they want, they still could print whatever amount they want, and then they ended up selling it to poor folks with a promise of making a lot of money.
This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.
This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.
September 25, 2023, 09:37:27 AM
While XRP has major areas of strength for shown development throughout the long term, it is critical to take note of that it has not yet arrived at similar cost levels as Bitcoin.
Some have said in the event that XRP forges ahead with its street to more extensive reception, its cost could be all around as high as $200 by 2030
Who ever said this doesn't understand how the price and valuation works. Because with $200 price XRP would be valued $10.6 trillion dollars, that's 20.9 times more then bitcoin. Some have said in the event that XRP forges ahead with its street to more extensive reception, its cost could be all around as high as $200 by 2030
With marketcap like that it would have higher marketcap then Facebook or Tesla.
In fact that's peanuts... with $10.6 trillion dollar valuation it would have bigger marketcap then 5 of the most largest companies in the world combined. And after all the coins would be in the circulation it would need to have 2x that marketcap to have $200 price. So i am asking where the value comes for this centralized token that's been sued by SEC again?
September 25, 2023, 09:00:55 AM
The price of XRP isn't quite moving high, I hold some for a year but unfortunately, I'd never make a profit yet. I could still hold and wait for the bull season if see nothing has changed, I will sell them.
For now, I see XRP as not really good for investment but if you think about an option to move your coins to another wallet, you can find that XRP gives you a cheaper cost/fee. Many people see it as a useful asset in the crypto space but some also reject it due to some issues. However, XRP is still one of the top coins in the market and remains popular but this is not about the price, it is certainly because of the low fees.
its honestly quite awesome feat that XRP could hold the position among the top five already, although current price was fraction of what its in the past, im talking about $3 for each XRP but the total supply I assume have increase significantly so thats why market capitalization is high while the value remains quite low compared to its all time high.For now, I see XRP as not really good for investment but if you think about an option to move your coins to another wallet, you can find that XRP gives you a cheaper cost/fee. Many people see it as a useful asset in the crypto space but some also reject it due to some issues. However, XRP is still one of the top coins in the market and remains popular but this is not about the price, it is certainly because of the low fees.
but regardless if i were given a choice i'd definitely go with the newer coins i think XRP has already drained of its potential that I don't think it will ever hit its previous all time high ever again.
the coin itself is good at keeping its market capitalization but not really great for those interested in investing from my point of view.
September 25, 2023, 06:49:39 AM
It was indeed popular because of its long issue against the SEC but despite the situation that the team had faced, they still managed to become strong and retain their users and investors. I don't know what makes it special but still, many people keep holding and waiting for its bullish prices. I'm not sure but for me, I'd never see XRP as a profitable investment because I've tried accumulating some, but unfortunately, never see huge changes on my wallet as it was almost the same at the time I bought it. So I decided to sell them and buy other coins rather than holding XRP.
Even before the SEC issue came, XRP is already popular. The team needs to be strong because they know that a lot of people are rooting about it. XRP is special for having a cheap fee when transacting and its speed were also fast. Another thing would be is it was supported by the banks.This is why me and others think that XRP can still rise more. Also if you are early to invest on it, you are already reaping its benefits. You only need to have a patience now that we are on a long-term bear but it's sad to hear that you already switch out on other coins. Well it was still your money not ours so feel free to do what you want with it. Good luck.
I think we should reach to a point where it will not be making this much trouble to begin with. Have you see bitcoin having a legal battle? It can't, because there is nobody that can be sued for it, whereas XRP has the Ripple company and the owners that could be sued, that alone is risky enough.
September 22, 2023, 11:37:01 PM
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?
Ripple is a very old coin and as such the competition was not as fierce as it is now, in fact if ripple were to be released now it will not get anywhere near the attention it got on those days.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?
Another factor was its link with banks, and while for some this was a negative and they never invested in ripple because of it, others saw in that connection a way to link this market with the fiat markets and they invested in it thinking a bright future was to follow, and while ripple is still on the top 10 I do not think it is going to remain there for long.
September 22, 2023, 04:56:15 PM
Some have said in the event that XRP forges ahead with its street to more extensive reception, its cost could be all around as high as $200 by 2030
Who said that? Can I see it too?I don't know what will happen in the future and speculation is fine if they have clear arguments and reasons behind their words but what we can be sure of now, as long as Ripple is still feuding with the SEC then the price of XRP will remain the same and even I doubt they will return to the previous ATH but the story will be different if in the end they can win the trial with the SEC because there will definitely be great benefits gained from it including their price increase, it's just that the expected victory to date is difficult for them to do because the drama of Ripple and the SEC always happens and this has not been over for several years.
September 22, 2023, 04:29:47 PM
The price of XRP isn't quite moving high, I hold some for a year but unfortunately, I'd never make a profit yet. I could still hold and wait for the bull season if see nothing has changed, I will sell them.
For now, I see XRP as not really good for investment but if you think about an option to move your coins to another wallet, you can find that XRP gives you a cheaper cost/fee. Many people see it as a useful asset in the crypto space but some also reject it due to some issues. However, XRP is still one of the top coins in the market and remains popular but this is not about the price, it is certainly because of the low fees.
For now, I see XRP as not really good for investment but if you think about an option to move your coins to another wallet, you can find that XRP gives you a cheaper cost/fee. Many people see it as a useful asset in the crypto space but some also reject it due to some issues. However, XRP is still one of the top coins in the market and remains popular but this is not about the price, it is certainly because of the low fees.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
September 22, 2023, 11:58:39 AM
I think because banks are into them and people thinks it's way more legit if they are being backed by something. On how they are still holding a huge market cap is that maybe because they were here early and even these days they are still being used. I really like XRP on how fast and scalable it was especially if you want it real fast for a money to be delivered it might be on exchanges or other avenues.
Ripple is just gaining traction again after there have been some positive news were coming toward this coin. I meant people are being so positive in the future of ripple at this moment. I have been reading if ripple is prepare in recruiting a lot of workers. The positive development in the case against SEC has been pumping it back again.
Even its supporters have been also urging coinbase to re-listing it back again. It that will happen and the price will surge a lot.
We are still waiting result for ripple case against SEC.
September 22, 2023, 08:29:45 AM
It was indeed popular because of its long issue against the SEC but despite the situation that the team had faced, they still managed to become strong and retain their users and investors. I don't know what makes it special but still, many people keep holding and waiting for its bullish prices. I'm not sure but for me, I'd never see XRP as a profitable investment because I've tried accumulating some, but unfortunately, never see huge changes on my wallet as it was almost the same at the time I bought it. So I decided to sell them and buy other coins rather than holding XRP.
Even before the SEC issue came, XRP is already popular. The team needs to be strong because they know that a lot of people are rooting about it. XRP is special for having a cheap fee when transacting and its speed were also fast. Another thing would be is it was supported by the banks.This is why me and others think that XRP can still rise more. Also if you are early to invest on it, you are already reaping its benefits. You only need to have a patience now that we are on a long-term bear but it's sad to hear that you already switch out on other coins. Well it was still your money not ours so feel free to do what you want with it. Good luck.
September 21, 2023, 04:39:23 PM
When it comes to price benchmarks it might be fairer to use the current price as a benchmark especially when the source you provided is CMC although it is true that XRP was once at ATH $3.xx but that was a very long time ago and hasn't even been able to do that since the last few years.
When discussing XRP also for now it will indirectly link this coin back to the SEC in their never-ending drama which makes this also a bubble actually because indeed the movement of XRP is now limited and depends on their results in the trial against the SEC because when Ripple wins then surely XRP will surge but otherwise when Ripple loses this can also be a grave.
When discussing XRP also for now it will indirectly link this coin back to the SEC in their never-ending drama which makes this also a bubble actually because indeed the movement of XRP is now limited and depends on their results in the trial against the SEC because when Ripple wins then surely XRP will surge but otherwise when Ripple loses this can also be a grave.
September 21, 2023, 04:33:48 PM
I think because banks are into them and people thinks it's way more legit if they are being backed by something. On how they are still holding a huge market cap is that maybe because they were here early and even these days they are still being used. I really like XRP on how fast and scalable it was especially if you want it real fast for a money to be delivered it might be on exchanges or other avenues.
September 21, 2023, 04:33:16 PM
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?
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?
People don't understand the ability to flood the market from ripple. Of they did I don't think price would have gotten so high. I am just as amazed but not surprised. To me it barely registers as a crypto being so centralized. I don't know why anyone would want to come to crypto only to adhere to the old financial ways. Doesn't make sense. But hey who am just some guy.
September 21, 2023, 04:29:19 PM
While XRP has major areas of strength for shown development throughout the long term, it is critical to take note of that it has not yet arrived at similar cost levels as Bitcoin.
Some have said in the event that XRP forges ahead with its street to more extensive reception, its cost could be all around as high as $200 by 2030
That value for its total supply? It can surpass Bitcoin if ever but of course too good might not be true.Some have said in the event that XRP forges ahead with its street to more extensive reception, its cost could be all around as high as $200 by 2030
There are reason why XRP is still holding on despite of their issues and with that, they are more confident now that they will rise again. They made partnership with big companies and I think this is one of the advantages of XRP so having this coin on your wallet is not bad at all, you just have to know when you can buy and analyze if there’s still a future pump.
September 21, 2023, 03:54:25 PM
Word you are looking for is marketcap. It had quite low marketcap, and it grew like with few old coins during the altcoin season.
But why would a coin like this have as big of a marketcap? I remember the ico of xrp, i had even set up an account to buy it, but that was way before i understood how marketcap works and i was talked out of it because of the "big supply". Also it didn't seem to fit in the cryptocurrency ethos. It was more like a corporate coin, centralized and frown upon.
However people who saw regulators coming, saw institutional investors coming were betting on possible regulatory friendly coins with a simple purpose.
And at the time, that purpose was that it was very liquid with cheaper transactions then other coins. And those features were needed when people send high amount of money between exchanges. Litecoin was cheap too and liquid too, but it wasn't fast and sending money fast was very much in need. These days i am not even sure what's the point of it. But it has huge userbase so it doesn't even need other reason to exist. I am sure they have still something in their roadmap worth investing into. But i still won't put my money into it.
But why would a coin like this have as big of a marketcap? I remember the ico of xrp, i had even set up an account to buy it, but that was way before i understood how marketcap works and i was talked out of it because of the "big supply". Also it didn't seem to fit in the cryptocurrency ethos. It was more like a corporate coin, centralized and frown upon.
However people who saw regulators coming, saw institutional investors coming were betting on possible regulatory friendly coins with a simple purpose.
And at the time, that purpose was that it was very liquid with cheaper transactions then other coins. And those features were needed when people send high amount of money between exchanges. Litecoin was cheap too and liquid too, but it wasn't fast and sending money fast was very much in need. These days i am not even sure what's the point of it. But it has huge userbase so it doesn't even need other reason to exist. I am sure they have still something in their roadmap worth investing into. But i still won't put my money into it.
September 21, 2023, 01:42:23 PM
XRP is still popular these days it's because of the SEC case that they've won and that's why it's still in the top list of the market.
I don't think anyone would have noticed the SEC case if its price had not risen or had this market capacity. I think it is closer to Dogecoin, which everyone will be silent when it does not start rising.
Yeah, when there's not that much action, they're just there silently watching it. But when the price starts to increase again, you'll see them left and right suggesting to buy it.But I guess with the current bear market, every coin is down, but recently they won they court case against SEC so it might likely case the sudden spike in the price in the last couple of months.
Despite that, there's a little spike that eventually had gone down quickly. 
September 21, 2023, 12:10:54 PM
Ripple is probably a government trojan horse. I’ve been following ripple for years and ripple is almost always in the CMC’s top 10 list. Everybody knows ripple is premined, everybody knows its marketcap has no meaning but somehow nobody talks about it. Ripple is not even a crypto. It is just a premined illegal security. I guess People don’t give a damn about it as long as they can trade it on a crypto exchange and I also stopped caring… I never touched it and never will. There are far greater projects out there. Ripple is a scam.
September 21, 2023, 11:52:21 AM
While XRP has major areas of strength for shown development throughout the long term, it is critical to take note of that it has not yet arrived at similar cost levels as Bitcoin.
Some have said in the event that XRP forges ahead with its street to more extensive reception, its cost could be all around as high as $200 by 2030
Some have said in the event that XRP forges ahead with its street to more extensive reception, its cost could be all around as high as $200 by 2030
September 21, 2023, 11:22:32 AM
They may have huge amounts of supplies but they are one of those OG coins that have some real usage for the crypto market and they earned the trust of their investors by keeping their promises and constantly updating their platforms. Moreover, they are surviving the battle against the SEC which many have already fallen because XRP seems not bothered by whatever the SEC accused them of because they have nothing to hide anyway and they gaining strong bonds from their investors also they are continuing to make it more firm despite the tight competitions in today's crypto market.
This is not only because Ripple had and still enjoys strong support from major financial institutions, including some countries and government bodies. Ripple was created from the beginning with the support of banks, and the centralized nature of the currency was maintained so that it could always be controlled.
Over time, the solidity of this blockchain and its ability to maintain a distinguished position in the cryptocurrency market was confirmed, especially when the price was able to exceed the limit of $1, in a step that no one expected due to the huge amount of liquidity.
I have not heard that the price exceeded $3 as mentioned by the OP, and I do not think this will happen soon for the same reasons.
September 21, 2023, 10:37:49 AM
I think we can call Ripple (XRP) as a prime mover as well, just like what Bitcoin (BTC) and Ethereum (ETH) is. And we all know that if you are the first here or at least your project is unique, you will have the advantage already.
Another good example is BNB by Binance, although a lot of exchanges follow it with their own native token, no one came close to what BNB is right now. In the top 10 of altcoin market, same goes with XRP.
Another good example is BNB by Binance, although a lot of exchanges follow it with their own native token, no one came close to what BNB is right now. In the top 10 of altcoin market, same goes with XRP.
September 21, 2023, 09:36:45 AM
Supply is just one factor. You have to look at demand, utility, and adoption. Ripple solves real-world problems, especially in cross-border payments. Its protocol can settle transactions in seconds, and its way more energy-efficient than Bitcoin. The financial industry noticed, and that drove demand through the roof.
The question isnt how did Ripple achieve such a price with its supply; the question is, why wouldnt it? When you're tackling multi-trillion dollar problems like cross-border transactions, even a high supply can be dwarfed by higher demand. So, its not about the supply numbers you're hung up on; its about the scale of the problems Ripple is solving. Forget the surface-level supply stats; focus on whats driving the demand.
The question isnt how did Ripple achieve such a price with its supply; the question is, why wouldnt it? When you're tackling multi-trillion dollar problems like cross-border transactions, even a high supply can be dwarfed by higher demand. So, its not about the supply numbers you're hung up on; its about the scale of the problems Ripple is solving. Forget the surface-level supply stats; focus on whats driving the demand.
September 21, 2023, 07:30:11 AM
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?
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?
It's a bankers coin, so obviously in the beginning it has a lot of support from crypto enthusiast like in 2018 wherein it was really taking the crypto world by storm. They also work with a lot of remittance company so you know that there is a investment with them.
But I guess with the current bear market, every coin is down, but recently they won they court case against SEC so it might likely case the sudden spike in the price in the last couple of months.
September 21, 2023, 07:18:18 AM
It was indeed popular because of its long issue against the SEC but despite the situation that the team had faced, they still managed to become strong and retain their users and investors. I don't know what makes it special but still, many people keep holding and waiting for its bullish prices. I'm not sure but for me, I'd never see XRP as a profitable investment because I've tried accumulating some, but unfortunately, never see huge changes on my wallet as it was almost the same at the time I bought it. So I decided to sell them and buy other coins rather than holding XRP.
September 21, 2023, 02:10:29 AM
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 managed to partner with many institutions already especially with the banking industry. XRP is a centralized project as well, they've attracted a lot of investors from the past and until now, also they continue to grow and improve despite of their pending issue with SEC. The max supply is too high and it's hard to expect XRP to go beyond $1 or else it will replace ETH again just like before. 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?
September 21, 2023, 02:06:15 AM
You can absolutely visit XRP's official website to research what they do. I feel that at the previous stage, if it didn't get into trouble with the SEC, it would still reach a new ATH. In general, the way it creates its current position as well as its potential over time, if this market gets stronger, it will gain strength again, after all, it is one of the coins with many support issues support and oppose.
For me right now, it is no longer a priority for holding, although I still acknowledge its potential in the field. To own it, I will prioritize BTC and ETH rather than paying attention to it. XRP.
For me right now, it is no longer a priority for holding, although I still acknowledge its potential in the field. To own it, I will prioritize BTC and ETH rather than paying attention to it. XRP.
You mentioned the lowest price of the currency and the highest price of the currency, but there is no guarantee that XRP will be able to return to those levels $0.0029438 to $3.84.
It is true that there is a limit to the currency, but since it is centralized, there is nothing preventing them from printing more currencies.
The reason for its high position is that the classification depends on market capacity, which is a useless measure and is not important or does not express whether the cryptocurrency is a good investment or not.
It is good because it provides cheap transactions, instant confirmations, and centralization, it may be a good option for banks and banking systems.
It is true that there is a limit to the currency, but since it is centralized, there is nothing preventing them from printing more currencies.
The reason for its high position is that the classification depends on market capacity, which is a useless measure and is not important or does not express whether the cryptocurrency is a good investment or not.
It is good because it provides cheap transactions, instant confirmations, and centralization, it may be a good option for banks and banking systems.
XRP is still popular these days it's because of the SEC case that they've won and that's why it's still in the top list of the market.
I don't think anyone would have noticed the SEC case if its price had not risen or had this market capacity. I think it is closer to Dogecoin, which everyone will be silent when it does not start rising.[....]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?
It was basically carried during bullrun like others have said and another thing is that the people behind are quite big or influential so they're able to create hype then build a community. You see Ripple Company partner with financial institutions so that tells you they have the capacity.I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?
I think it was also during these times that people started to move on from the basic metrics in choosing a coin to invest like scarcity and decentralization. If you need a more recent proof of this then you can also check what happened to Shiba Inu.
Just to add that coins with no supply cap like ETH and Doge also pumped.
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?
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?
There's a single reason why Ripple, a much inferior coin became a successful one and is still a widely used is it being an early coin. There were very few coins when Ripple came to existence and being a centralized coin, it's transactions were fast and it's promises were high. A large number of supply means cheaper in price which made it accessible to large number of people. Some just compared its price with the like of bitcoin and Ethereum without knowing the technicalities. Overall, Ripple had a benefits of being one of the earlier coin and a lot of people are invested in it. So, even though it comes with large obstacles and hindrances, it's demise is not that quick.
Even with all the crisis rocking the project, XRP have been around for a long while now and have gained a lot of popularity from it previous market behaviours and also with a lot of hype that have been created around most of the projects in ripple categories make it easier for ripple to build such level of popularity.
But in terms of price, Ripple have not don so well in recent time, and the coin have been unable to make a good recovery since its last dump so for that at the moment I don't consider Ripple as a good project to invest but in terms of popularity, ripe is popular.
But in terms of price, Ripple have not don so well in recent time, and the coin have been unable to make a good recovery since its last dump so for that at the moment I don't consider Ripple as a good project to invest but in terms of popularity, ripe is popular.
XRP is still popular these days it's because of the SEC case that they've won and that's why it's still in the top list of the market.
But if we're going to be back on the time when its ATH was shown and that was on 2017 for that $3.8. It's because we're on the bull run by that time.
And almost every altcoin did well by that time and all thanks to Bitcoin. People are still not aware of what actually it was so they invest.
But if we're going to be back on the time when its ATH was shown and that was on 2017 for that $3.8. It's because we're on the bull run by that time.
And almost every altcoin did well by that time and all thanks to Bitcoin. People are still not aware of what actually it was so they invest.
They may have huge amounts of supplies but they are one of those OG coins that have some real usage for the crypto market and they earned the trust of their investors by keeping their promises and constantly updating their platforms. Moreover, they are surviving the battle against the SEC which many have already fallen because XRP seems not bothered by whatever the SEC accused them of because they have nothing to hide anyway and they gaining strong bonds from their investors also they are continuing to make it more firm despite the tight competitions in today's crypto market.
XRP is considered a promising cryptocurrency. In my opinion, its supply doesn't matter as much as the project itself. The strength of a coin's growth is attributed to its community, and XRP has a very robust supporting community. There are several projects with high supplies that still have a good value. During the previous bull market, XRP showed strong performance. However, since then, we've entered a bear market, and most altcoins have hit their lowest points. Additionally, XRP is dealing with ongoing issues with the SEC, although it has received some relief. I'm hopeful that XRP will perform well in the next bull market. Currently, the value of XRP stands at approximately 50 cents per coin, and it's worth mentioning its all-time high (ATH) price in your post.
I'm not sure if you visit https://coinmarketcap.com/ to check and see the current price of XRP. Because if you are talking about the current situation of this project, I was not sure where you get that price instead you will be wondering as well why it goes like this.
Well, XRP is quite popular yes and in fact, there is a time that it become the #2 standing in the market but guess what, it never has the chance to get bullish compared to other projects like meme coins. Instead, you will still see it low despite the popularity they have.
Well, XRP is quite popular yes and in fact, there is a time that it become the #2 standing in the market but guess what, it never has the chance to get bullish compared to other projects like meme coins. Instead, you will still see it low despite the popularity they have.
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?
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?
Jump to: