Last year, Ripple (XRP)
price showed a great pump but as the news of SEC file a lawsuit, XRP price crash to $0.19. But people says XRP, is a currency that shouldn’t be subject to securities laws.
What do you think will happen to XRP price for this year? will it recover or will it dump more?
XRP is centralized so it is not having any potential in the decentralized crypto space.
People used to hold them due to the ignorance but now the lawsuit from SEC made most of the reputed exchanges to delist it from their exchanges so no means of trading means there will be dump in the volume which will eventually let the prices to let decrease slowly but surely.
Decentralized crypto space? Who told you that crypto is fully decentralized? There are better centralized projects that beats decentralized projects, even the only decentralized project I recognize is Bitcoin, others can be tampered or manipulated too