Review on XRP by yarcan tuner

Name: XRP
Item: XRP
Rating: 5

October 17, 2020

Value of XRP

Ripple period has been experienced in the crypto money market in recent weeks, when Bitcoin prices have been fluctuating. According to the first days of 2017, this performance of Ripple, which has increased 40 thousand percent in the past year, has benefited the founder the most.


Ripple's founder became the 14th richest person in the world
The biggest difference from other cryptocurrencies is that after the dizzying rise of Ripple, which is its central structure, the company's founder Chris Larsen is the 14th richest person in the world. Cryptocurrency prices are increasing at an unbeatable pace in 2017 and continue to bring new billionaires to the world.



Ripple's founder became the 14th richest person in the world
However, Ripple (XRP) made the biggest leap from $ 0.006 per unit at the beginning of the year to over $ 3 as of now. Ripple founder Chris Larsen, the company's former CEO, earned $ 14 billion in just 1 year thanks to 5.19 billion Ripple in his personal account, with 17 percent company shares sitting above $ 40.1 billion according to today's data.

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The founder of Ripple is the 14th richest person in the world Chris Larsen is ranked 14th on Forbes' richest list with his fortune and surpasses billionaires such as Sheldon Adelson, Elon Musk, Steve Ballmer, Jacqueline Mars, Michael Dell, Laurene Powell Jobs, Paul Allen.

Founders don't call money money
Ripple's current CEO, Brad Garlinghouse, on the other hand, holds a 6.3 percent stake in the company and is also said to have a considerable amount of Ripple in its portfolio. Thus, Garlinghouse, whose total fortune reached around 10 billion dollars, ranks between 45 and 55 on the list.
Ripple's founder became the 14th richest person in the world
The third person to become a billionaire thanks to Ripple is Jed McCaleb, who was one of the founders of the company but left in 2013. McCaleb, who donated his billion XRP to a charity, buys the remaining 5.3 billion XRP from month to month by keeping it in a corporate escrow account. Having made a deal with Ripple, McCaleb can take a sell position at 1 percent of the average daily trading volume. If Jed McCaleb had been able to use his entire portfolio at once, he could have a fortune of around $ 15 billion today.
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The famous country has crossed its borders!
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Left Ripple and founded a new one
Ripple's founder became the 14th richest person in the world
McCaleb sold all the bitcoins he had to establish the company, and after leaving Ripple, he founded another blockchain technology company, Stellar, and allocated 1 billion for himself from Lumen, the coin used in transactions. Lumen, whose value has risen 33 percent today, has grown from 48 cents to 74.5 cents in the past two days, adding nearly $ 750 million to McCaleb's wealth.

Ripple's founder became the 14th richest person in the world
Lumen, whose value has risen 33 percent today, has grown from 48 cents to 74.5 cents in the past two days, adding nearly $ 750 million to McCaleb's wealth.

Ripple's founder became the 14th richest person in the world
On the other hand, unlike other cryptocurrencies, Ripple, which has 61.3 billion XRP cryptocurrencies and only 38.7 billion XRP in circulation, is not recommended by some cryptocurrency investors claiming to have a centralized management, but in international financial transactions, among them giant institutions such as American Express and Santander. some of them are safe thanks to its over 100 customers.
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