Hi, today we are going to talk about Ripple and its current landscape.
After the Japanese crypto exchange, BitFlyer has added trading support for XRP; we could see some increase of interest around the token since this exchange is one of the few that has real volume. However, the release of one billion coins from Ripple escrow wallet, which has unclarified destiny on how Ripple will be sold or distributed the token and that could more than counter the good news listing, since this massive increase of supply might dump de price to even lower levels than the current ones.
Thank you for reading and leave your comments if you like.
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Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
After the Japanese crypto exchange, BitFlyer has added trading support for XRP; we could see some increase of interest around the token since this exchange is one of the few that has real volume. However, the release of one billion coins from Ripple escrow wallet, which has unclarified destiny on how Ripple will be sold or distributed the token and that could more than counter the good news listing, since this massive increase of supply might dump de price to even lower levels than the current ones.
Thank you for reading and leave your comments if you like.
To have access to our exclusive contents, join the Traders Heaven today! Link Below.
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.