Ripple’s Token Branding Decision (Story) – XRP

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The San Francisco blockchain tech giant  – Ripple Labs has started, this year, a process of differentiation from its blockchain token XRP. This comes due the confusion by the crypto-verse between the two as in many headlines, google searches, article and so on, enthusiasts speak of the two in the same manner as if they were the same.

In the past, the price of XRP spiked many times when an announcement was made by Ripple Labs’ team, even if that had nothing to do with the coin but one of the firms financial solution. Similar, when xCurrent network was adopted by the UAE exchange, it pushed the tokens price upwards.

Mati Greenspan – eToro analyst added: “A lot of newcomers are of the understanding that holding on to XRP tokens is somewhat similar to holding shares in Ripple Labs, which is completely false.”

“Many of the deals that they do and the payment channels that they set up, at the end of the day, are not going to use XRP tokens,” he explained.

See more for yourself, here.