![]() ![]() It’s only when the tide goes out that you know who’s been swimming naked. That’s saying a downturn exposes those who had been taking on excessive risk when times were good. The below quote reflects XRP in the good times and the bad. supply of 100,000,000,000 XRP coinsĪs with a good man, you cannot keep putting a good coin down. Today’s live XRP price is $0.345114 USD with a 24-hour trading volume of $974,317,442. XRP is up 1.47% in the last 24 hours. The current CoinMarketCap ranking is #7, with a live market cap of $17,095,976,664. It has a circulating supply of 49,537,223,666 XRP coins and a max. While the contentious post has since been removed, it was enough to have the crypto Twitter community discuss each game’s assets. Ripple is already grappling with its unending suit with the SEC and putting XRP in the spotlight as an “impostor” does not help their situation, especially when the market is jittery with falling prices and restrictions by exchanges. Then in a few days, increased 9x in ODL volume, with $408 million XRP sold in Q2. From $0.63 early Saturday, XRP price went down to $0.59, dropping from a market capitalization of $30.1billion to $28.1billion, thus shedding off to $200 million. The CMC quiz and follow-up comment may have negatively impacted XRP price, but not for long as the coin rebounded with agility and support from its community. So, is our XRP Price Prediction still valid? But the tweet had been up long enough for responses from members of the XRP community. CMC had to delete the controversial tweet eventually. An avalanche at this time is a mishap for all who have pinned their financial freedom on cryptocurrency projects.ĬoinMarketCap’s tweet that Ripple’s XRP was not a true cryptocurrency, but an impostor did not go down well with many observers, particularly the Ripple community. Let those with axes grind might as well bury them because this is crypto winter, and any small noise you make as a competitor might also impact you. The Quiz questioning XRP status has since been removed, but the feeling of being thrown under the bus lingers. All the other coins in this are decentralized and are basically “people’s crypto.” Some say this description is accurate. According to CoinMarketCap, this is because XRP is “controlled and governed by authorities, hence defeating the purpose of #cryptocurrency. The controversial CoinMarketCap quiz, which named “XRP as the “impostor coin,” had its naysayers and applauders. ![]()
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