From 2.9 back to 2.68 within 24h. It would be unusual for anything but crypto... 10% decline is nothing compared to intraday changes of +50% scored by memecoins.
MAAM_A1
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WILL $XRP HIT A NEW ATH NEXT WEEK? Optimism and Denial blindfold people. What is driving this rally, and what makes it sustainable ?
The SEC settlement and the general hype in crypto renewed the enthusiasm in XRP no doubt.
Yet people's expectations on the appretiation of the token itself has nothing to do with Ripple and a company. Revenues of Partnerships/Deals would not be reflected in the profitability of the network unless they indirectly increase transaction throughput thus the demand for XRP.
#Ripple #altcoins
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