Review on XRP by onur bln

Name: XRP
Item: XRP
Rating: 3

October 23, 2020

XRP

These movements are taking place due to the announcements that ripple will include ripple (xrp) in the xrapid system used in bank transfers and 2 surprise news to be announced by the company in the coming days. For now, they are creating a trust process in investors and trying to make pricing. If the rumors are true, this increase is likely to continue. Especially in Asia, with the dawning of the day, things can become more colorful. I personally expect a nice move tonight in xrp.

Let me also say that xrp is a subcoin with fast / hard ups and downs. but as many friends say, I don't think it's a junk coin. yes, there are aspects that conflict with the crypto money philosophy. but I believe it has a promising future. If they had integrated xrp into bank transfers before, the color of events would have been much different.

It is also not correct to link this output of xrp only to improvements in xrp / ripple. Because as you can see, there is an upward movement in almost all crypto currencies. but what strikes me is that there is no significant increase in the volume of the total cryptocurrency market. what does this mean: this; It means that one of the crypto currencies is exchanged for the other, meaning that the new actor and the amount of money are very small. this is a factor that could lead to a loss of confidence in the stability of the rise. Another point is that: On 5 September, the total market volume was around 230 billion dollars. Currently, it is at the level of 225 billion dollars, that is, it has not reached the level of 16 days ago. If it catches and passes that level, then we can say that there is a strong trust in the investor. In that case, there will be instant increases with excitement, curiosity, hope and people who will be involved in the process.
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