XRP Investment Concerns: A Community Debate

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Cryptocurrency Noticias

XRP,Stablecoins,Ripple

A recent video sparked controversy within the XRP community, arguing that XRP is not a good investment due to stablecoin competition, Ripple's IPO plans, and the company's large XRP holdings. While Ripple's CEO responded to these concerns, the debate continues.

The XRP community recently erupted with a video dubbed,"What is wrong with XRP," where the author names three reasons why popular cryptocurrency is not a good investment.Long story short, the reasons behind this thesis are that the role of XRP, which was supposed to be an intermediate cryptocurrency for cross border payments, has now been replaced by stablecoins, which are more suitable.

I think its first point is completely wrong. It's true that you can use XRP to make payments without holding it, which is good because it means you aren't exposed to its volatility if you don't want to be, it doesn't follow that people won't hold XRP.is solely driven by ecosystem changes or hype, using historical XRP/XLM price charts as evidence to question this claim. Previously, Schwartz highlighted how the price of the Stellar token follows the performance of XRP.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

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