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Binance CreatorPad is new Advertisement Board for Projects with no Credibility?
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No Historic Crash: Bitcoin Moves into a Turtle Race as Volatility Gradually Declines.
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I turned $600 into $4 in just 2 months 😂 #futures #pnl . . . . . ( this post is for entertainment only and pictures doesn’t belong to me )
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$XRP 😭
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Ripple's massive token supply alone would be a barrier in its growth for a long time. (No hate just pure facts) This was the conclusion of my post yesterday. Fanboys disagreed and we had tough arguments and most of the arguments were around Bitcoin's trillion dollars MCAP. Ethereum's unlimited supply, yet trading around 4000 USDT. a) Bitcoin has a total supply of 21M tokens and 19M is currently in circulation. Being 1st ever Digital currency gave bitcoin an advantage and limited supply created token scarcity, hence inflating prices and the mass adoption led it to a Trillion dollar MCAP. b) Ethereum has an unlimited supply. Yes, Ethereum has unlimited supply but do you know what is total supply of Ethereum? 120M Tokens and 120M compared to 100B of XRP is a tiny fraction. Out of 120M supply 118M are in circulation and Eth is mass adopted as well. Now coming to XRP, 100B tokens and half are still locked. Circulating 59B tokens and reaching $3 is more than enough for ripple right now. For the market to fully utilize this huge stack, huge liquidity is required, and even billions wouldn't do anything phenomenal for ripple. Fun Fact: Demand is huge, and so is the supply, to make prices inflate quickly XRP's Supply alone is the biggest barrier. Conclusion: Even mass adoption, SEC clearance, Partnership can't do anything exceptional for ripple's growth, as more tokens unlock prices will plunge again and it'd take decades for the market to absorb this enormous Token supply. XRP can't grow without a strong burning mechanism in place, delaying token unlocks and keeping its community tied for decades. #xrp #Xrp🔥🔥 #SEC #SupplyAndDemand #ETHBreaks4000
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