Post
Topic
Board Speculation (Altcoins)
Re: XRP - yes or no?
by
carlfebz2
on 26/11/2023, 17:02:27 UTC
There is more 'bullish news for investors of XRP. 19 banks from Europe, N. America, and other parts of the world. 10 of the banks are from N. America, 7 are from Europe, and 2 are from other parts.

The total reported crypto asset exposures is $10.27 Billion. https://thecryptobasic.com/2023/11/20/19-banks-report-exposure-to-xrp-in-total-e9-4-billion-investment-positions/

Banks are adopting this centralized coin like crazy. It's good news for XRP investors, but bad news for the crypto industry in general. This could pave the way for XRP to become the new global money system. It's likely CBDCs will be issued on the XRP Ledger in the future. That's if mainstream governments decide to use a public chain like XRP. If they decide to make a private chain, it will be game over for XRP.

I wouldn't recommend investing in it, unless you want to make money in the short-term. It's a risky long-term investment because of the reasons mentioned before. Who knows what the future holds for the "cryptocurrency"?  Roll Eyes
Adding up into this one.

XRP Price Could Hit $10,000 If It Overtakes SWIFT, Pundit Suggests
https://www.newsbtc.com/xrp-news/xrp-price-10000-overtakes-swift/

With these kind of sentiments or fundamentals whether these are real ones or not, it does really give out that kind of positivity towards into its holders.
This is why if you do believe that XRP would be having that good future despite of being that too centralized then it would be not bad
on throwing up some bucks for you to invest into it.