What is the Reasons that xrp Price is low?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
Maybe they should burn some units of it in other to bring up the pricing. XRP has been in the downward trend since January even when Bitcoin and other major coins went above 100 moving average.
They will never do that since that is the whole point of ripple, ripple is a fiat currency disguised as a cryptocurrency, they want to see if they can take control of this market and displace bitcoin as the most popular coin, in a way you must admire them since they are uncompromising in their mission in the same way the bitcoin developers were not willing to compromise bitcoin and its principles, however they must have realized by now that their mission has failed already and it is possible that during the next 5 to 10 years ripple could disappear since it seems they have stopped any effort to make their coin more popular.