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Crypto
BNB,KLAY
XRP(XRP)

$0.51

0.78%

Market Cap
27.08b
 

0.78%

Volume (24h)
820.32m
 

7.28%

Released on 04 Aug 2013
NewsBTC
NewsBTC
Ripple CTO Addresses Bitcoin Adviser’s Claims That XRP Is Centralized
21 minutes ago
U.Today
U.Today
Mid-Cap Crypto Surges: LOVELY +33.82%, PG +15.38%, SPA +9.52%, CAL +8.57%, XRP +5.45%
MinMax AI
MinMax AI
about 3 hours ago
Binance Cyrpto Chewing Gum Boy
Binance Cyrpto Chewing Gum Boy
followers

What does the future hold for Xrp? Alot of questions have being going back and forth in the hearts and minds of alot of people,traders,investors and many more on the next step and what to do next as it pertains to the alarming and mind blowing charade between the Securities and Exchange Commission of the United States of America on one side and then the brain child of the Ripples lab popularly known for its cross boarder payments and the fast nature of transaction speed and eligibility which is the XRP. The battle for supremacy between the SEC and XRP has being one that has proven the African Proverb Right that "When two elephants war it is the grass that suffers the outcome" This simply means that the supremacy battle between these giants one on the end of protecting the finance of the world and the other on the end of aiding the world financial system for faster and more efficiency in the same financial system ( which shows that finance is very pivotal in the futherance of the world globalisation). Now, this battle started with the Sec and Xrp on the grounds that Ripple lab sold their Xrp to raise capital and then held back part of their Initial Public Offering (IPO) in unregistered Security in 2020,this battle has lingered over the years thereby making the price of the Xrp to be unstable and hence investors pulling out and selling off on the grounds of insecurities and fear as to not loosing their assets in cash, with these stated how then is the Xrp expected to take its natural course of growth like the other crpyto currencies. What then does the future holds for this Token. 1. There might be a turn around for the Xrp in price at the end of this battle which could help prove its use case worthy of its claims. 2. This battle has made the Xrp even more popular in the most quaters and its now a household name to many. 3. Would there be any positivity for investors to come in for trading? With all these in mind we can be sure or un-sure that the Xrp has a promising future for us all. I would like to hear your views on this

about 5 hours ago
koinmilyoner
koinmilyoner
followers

The potential for #Ripple to conduct an Initial Public Offering is one development that has emerged that may have an impact on the price of $XRP (IPO). This would imply that the company's shares would start to be traded openly, much like Coinbase's COIN stock. But what really grabs investors' attention is the potential for extremely high share prices. Ripple video from financial expert resurfaces Several XRP community members had started the rumours by discussing a potential IPO. It rapidly assumed a life of its own and grew from there, as rumours are prone to do. But the most intriguing development so far has been the rediscovery of a video in which financial analyst Linda Jones discusses a potential Ripple valuation. The financial analyst compares Ripple to Coinbase, which went public at a valuation of $86 billion, and notes that Ripple stock would be valued far more. She also factors in the market capitalization of the XRP supply, at which point she calculates a valuation of $107 billion. In this instance, the price of Ripple equities is 20 times higher than what it was at the time the interview was conducted. This would value the Ripple shares at about $600, yet there is a chance it may be higher since the analyst notes that Ripple's price might go as high as $500 billion. She believes that the business has what it takes to be regarded as a high-value firm, similar to Nvidia or Apple. What Happens To The Price Of XRP In This Situation? There would be more than enough justification for the price of XRP to soar along with the stock price if a Ripple stock were to be created and it rose to the heights that Jones' calculations predict. Since Ripple would be the first publicly traded firm to use a #cryptocurrency in this scenario, there is actually no prior experience. The relationship between Bitcoin and the stock price of Bitcoin mining companies, however, can be used to make certain comparisons. The stock prices of Bitcoin mining businesses frequently increase along with increases in the price of bitcoin. This occurs frequently because an increase in one's faith also results in an increase in another's faith. Extending the same reasoning to Ripple, a rise in the stock price would probably spur interest in the cryptocurrency it is based on, raising the price of XRP. It is not unusual to predict the price of XRP to cross $5 at least if the stock price eventually rises above $600. Furthermore, the performance of the two assets would probably be highly correlated, so a decline in one could result in a decline in the other, and vice versa.

about 3 hours ago
CoinDesk
CoinDesk
Markets
about 2 hours ago

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