Post
Topic
Board Speculation (Altcoins)
Re: XRP - yes or no?
by
AbuBhakar
on 19/11/2023, 14:17:43 UTC
Xrp was being a good altcoin since it get launched. It made many people millionaires and there was no lack of investor until the sec issue. But now the issue is solve and it raised up once again. It can be bought but i think xrp is getting old. New potential coins with new concepts get more value now. i assume this time xrp will unable to fly that higher where we expecting from it to go. But still it can be investable if anyone wish to add to with it by adding this coin in his portfolios

XRP price is already too high considering the total supply of this token is already at 100B. Their blockchain is too centralized while there’s a lot of alternative blockchain out there that has a better performance but with high security. XRP valuation is due to VC capitalizing on them. They are getting profit from gullible investors that still buying this token just because of the name and not on the feature.

XRP partnership is useless if you think about it since they are too centralized which means the team has the full control over the blockchain. They are bank in crypto which I don’t know the sense of using a blockchain.