Post
Topic
Board Altcoin Discussion
Re: XRP and Roblox and Bitpay
by
Husires
on 18/10/2023, 08:09:44 UTC
XRP is highly praised, especially for cross-border payments. However, I'm skeptical it can reach its all-time high during the next uptrend season. The circulating supply is too high, and I don't believe XRP can achieve a market capitalization of 300 billion dollars. We can't imagine all the challenges in the global economy by 2025, the war is ongoing, and government control over money is likely to tighten
When XRP promised that it would be an alternative to Bitcoin or investment or that its price would be 100 dollars, on the contrary, they aim for their currency to be stable and for its fees to be very low.

Increasing the price of XRP means increasing fees and its volatility, as they have a very large supply, so they are trying for the currency to be stable at 1 dollar or $10 at best, more than they care about it reaching $100 or that its price is constantly increasing.
I expect that it will be a model of new stablecoin that is not tied to one dollar or less volatile cryptocurrencies and is not an investment.