Review on XRP by Digital Convict

Name: XRP
Item: XRP
Rating: 4

February 05, 2021

XRPress transactions

This coin is undoubtedly one of the most controversial. He has recently had problems with the SEC and is torn between being a security asset and not being one.
Hated by many and loved by others, during 2019 and 2020 she found herself in place no. 4 by market capitalization, in late 2020 and early 2021 it became asset no. 3 outperforming USDT; But soon he returned to his position.
It is a currency that struggles to achieve supremacy in the DeFi world and is the "Big Sister of XLM" Although it does not handle smart contracts, it ensures that they can be carried out, but it has not happened yet. 
Tokens can´t be developed in it, it does not work as an action, is just like money; The volatility of the crypto world does not make it a haven of value and hodl is only useful in a good and reliable pool; Where interest can be earned for blocking the tokens; Its supply can be generated and generated so it is not resistant to inflation. So it is completely centralized.
There are some banks that use it.
It is extremely fast and cost 0 in transactions or money transfers; It has many users who use it to send remittances or money from country to country, December is always a good time for growth.
Some call it a dead Blockchain, in part it is true because there is nothing inside it, only money, that is an interesting and promising part, at the same time dangerous.
The DEX where you can trade with more pairs is Bitrue; and the exchange where it moves the most is Binance.
It is undoubtedly a versatile currency and a powerful tool when you want to move capital from one place to another, its market is very dynamic, in HitBTC it can be exchanged for BCHA and EOS, so there are no problems when you want to change or join different blockchains to ETH and BTC.
Fiat is not the problem either, it can be exchanged for any currency and convert the crypto into liquid money.
﻿
﻿
﻿
﻿