Great news is coming from the Ripple XRP world almost every day but the price of Ripple XRP does not seem to increase. Why? Well in today’s video we will be looking at the main reason why the price of Ripple XRP is not increasing.
A summary of what’s said in the video:
New banks and financial services have joined Ripple
– Worii Bank of South Korea testing Ripple XRP.
– Cambridge another financial network has started using XRP.
– Payment provider Fleetcor to test out XRP crypto.
– We are entering into what’s called market stagnation where no matter how many partners Ripple adds the price would not go higher
Reasons Ripple XRP is not increasing
– A very large financial institution starts using xRapid
– Money from the equity market comes into the crypto market
– XRP being listed on Coinbase
Main Reason
– BTC is the main reason as money is moving away from alt coins to BTC
– Example start feb $6172 for BTC now $11k while Ripple start $0.59 to $0.91
– BTC increase around 80% while XRP increased around 52% from their lowest points which were on feb 6
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