Ripple and XRP Aceing The Near Impossible – Bankless Times


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Ripple the company and XRP the native currency within the RTXP protocol are making it rough by both planes – basically and technically. Week by week, it is down 40 percent and loses more than 85 percent from the peaks in December 2017. If this continues, and particularly if the SEC says money is a security, then we could see XRP print 2 cents in the next few days. This is regardless of the decentralization strategy in place which has since reduced the control of Ripple to 48% on their UNL list. From NewsThere there is this centralization called thorny that Ripple is trying hard to present. Every Tom and Dick always pulls the centralization card when it is cornered, but with the company's decentralization strategy in place, XRP is becoming the most decentralized currency in the cryptographic space. Remember, even decentralization poster coins like Bitcoin and Ethereum are centralized – they talk about mining

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XRP Technical Analysis: Ripple and XRP Aceing the Near Impossible

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