MohitG050490
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@Ripple Network : The enormous coin supply by xrp often confuses people with the market cap theory and fund inflow . Let me give u an example .. There is a place with 10 houses each worth of 100000$ so it's market cap would be 1 million usd but for instance if there is no one selling even for 200000$ and then when offer was accepted by one of the owner for 500000$ the fund inflow was 5 hundred thousand but what it did was that it pushed other houses price to minimum 500000$ ... Thus small fund inflow can influence the market cap by large amount ...
One thing i have realised over past 6 years in this or any other market is that when sentiments are negative alongwith the overall trend ,it doesn't matter if ur crypto signs billion $ deal with any company ,the price will shoot up for few hours and then go back to the same base only to trap people . Some people have this ridiculous approach of saying it's already priced in 😂😂... No it's not please learn the cycles of market ... In accumulation phase price tends to act this way ...
#Xrp🔥🔥 #BTC 😺#Sola
#Xrp🔥🔥 #BTC 😺#Sola
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