Why Ripple's price is not going up, even though it is one of the largest cryptocurrencies in the world?

in ripple •  7 years ago 

Hello, I want to know, why Ripple's price is not going up even though it one of the largest cryptocurrerncies in the world.

ripple cryptocurrency bitcoin cryptocurrencies
7 years ago by

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      ·  7 years ago 

    Also this is a bankcoin backed by central banks and the powers at be, that many cryptocurrency holders want no part of.

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        ·  7 years ago 

      Even though ripple is going on main stream adoption with banks implementing it, unlimited supply is hindering its price. Few millions are traded each day. Only shortage of tradable coins will push the price up. Also, banks try to keep it stable to avoid losses.

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          ·  7 years ago 

        thank you for this information

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            ·  7 years ago (edited)

          Due to unlimited supply of coins. When supply is more than demand, price usually dont go up !!!

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