Ripple update: Question about XRP owned by Ripple
Now if Ripple own around 60 billion XRP from the total of 100 billion, and if we assume XRP hit 1000 dollars one day, wouldn’t that make Ripple the richest company in the world?
Even if it reaches 100 dollars that’s still a huge amount of money for them, and once they sell all that XRP it will cause a massive drop in XRP price, my question is why are they holding so much XRP? And isn’t that causing a risk of the bubble blowing when they decide to sell thier shares of XRP?
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
Author: SammyBen98
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