What you don't know about Ripple (XRP).

in crypto •  7 years ago 

Ripple has by far the largest sell wall in place.

HALF the circulating supply of XRP is locked up by the founders. This not only cuts the REAL market cap in half (realistically), but also the amount in circulation. Even if a fraction of the Ripple founders holdings were to be injected into the market would be catastrophic to the current market price.

I believe in the idea behind XRP but I think the fact they hold half of the entire pot is a little bit suspect.

Correct me if I am wrong.

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just upvoted you. yes! its suspectful but maybe they have something in their slevees.

followed you too and hope i get a follow back.

Ripple is HORRIBLY undervalued at the moment, and so many people dont even realize it, i use it as a huge opportunity to just buy more. Once the owners put a few billion ripple into escrow in a few months, things will get interesting