Quote from: Abiky on Today at 11:14:48 AM

Quote from: Hatchy on November 09, 2024, 07:36:11 AM

XRP is still a shit coin to me. And it doesn't matter if it has a slight dump or huge dump, I don't bother thinking much about such coins. You can check its market price, even during the recent global market spike after Trump was announced winner, it barely moved an inch in price.. I won't want to be wasting my time holding such shit and Centralized coin..

Without use cases, I'd expect XRP to become a huge experiment in the long run. Stellar (XLM) is a much better choice. More decentralized, and highly innovative. The sister project already implemented smart contract functionality via the Soroban upgrade. Does XRP have this? I think not.

What's "killing" the coin is not only the lack of real use cases, but also the company (Ripple) holding a large portion of the supply. It has direct influence over market prices. Selling all their holdings on the market would crash prices real hard. Now the crackdown against XRP will get worse with Trump as the next POTUS. He's not a fan of centralized coins. His remarks against CBDCs tells us exactly this. Chris Larsen donated a huge sum of XRP to the Harris/Walz campaign, so Trump and Republicans will see him as a Democrat. So you can imagine what will happen to his company (Ripple) during the next 4 years. Bye XRP, hello BTC! Cheesy

Now the entire cryptocurrency market is growing, which means that many altcoins will grow, especially those that have a developed ecosystem and a large number of users.

XRP already has a lot of clients and a ready ecosystem and useful blockchain.