They will not just burn their Supply to increase the price
Unlike other coins, Xrp is a good coin and it has a potential value
maybe other people don't see it that way but Xrp is one of the top Coins
there is no way that they just gonna burn that and without a sure thing
the price will increase.
Probably it will take a decade before we can see an organic growth of XRP price. There are millions of XRP being sold (other called it dump) by the initial founders every month. Unless they intend to manipulate and pump XRP, we will see its price continue to crash.
in my opinion this is such a game against holders for them to drop coins they bought expensively. and in a while we will see good news and start buying it again
The ripple company is not against the holder but this company has an intention to dump its token and make ripple becomes another cheap coin in the future. Dude, even there was a lot of good news have come to the ripple and nothing happen. This security coin will be dumped so hard in the future due to the pre mined coin that already owned by the company is amoust doubled from the circulating supply.
You must care so much about that thing.
I do not agree. The Ripple owners know exactly what would happen if they dumped. It was the holders and investors that took them to court and enforced the dump restrictions.
And all the good news is about Ripple TECH/company, not XRP, which is the token the Ripple guys dump,,, they make more money from company contracts and still dump the token.
Well others view it as dump but for the righteous ripple people, they called it selling and I guess it was part of their plan from the beginning. They will sell their holding batch by batch for the supposed development of XRP but did they actually develop products for XRP? I bet the quoted message answers it.