Post
Topic
Board Altcoin Discussion
Re: Grayscale Has Removed XRP From Its Digital Large Cap Fund, Bought More Of BTC...
by
South Park
on 10/01/2021, 18:22:47 UTC
Well after all the exchange delistings of XRP, it is expected that companies like Grayscale will remove XRP from their digital holdings.  They need to liquidate it asap before anything else to save losses.  I also see that it is very risky to keep XRP since it looks like a sinking ship to me and I am sure no one likes to sink with them.


the price of XRP is not moving despite the massive growth we have experimented and in fact it has crashed since the news was given, do you think it can keep its value if bitcoin begins to crash? I do not think so, and if XRP is found guilty by the case brought by the SEC then the fate of XRP could be at stake.

It seems someone who has enough fund is keeping the price of XRP from plummeting.  Let us see how long they can maintain the current price.
That is interesting, so there are some whales out there that still believe in XRP and think they could even benefit from it, well it is their money but that is without a doubt a very risky bet because the performance of XRP during this bull run has been nothing but pitiful and when it ends it is likely the price of XRP will go down even more so we will see if they can keep holding their coins, and even if they do not want who is going to buy XRP at that point?