Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on January 28, 2020, 01:00:59 PM

Title: What Impact Would a Ripple IPO Have on XRP Price?
Post by: newshunter on January 28, 2020, 01:00:59 PM

What Impact Would a Ripple IPO Have on XRP Price?

An IPO from Ripple has the potential to suppress XRP even more in the long term, warn analysts

Source: What Impact Would a Ripple IPO Have on XRP Price? (https://cointelegraph.com/news/what-impact-would-a-ripple-ipo-have-on-xrp-price)

Would appreciate your opinion about this

Title: Re: What Impact Would a Ripple IPO Have on XRP Price?
Post by: Betim on January 31, 2020, 05:11:51 PM

It takes about 4 years for Ripple to sell all XRP coins from its fund. Only after this can you count on an increase in the price of XRP. Because the monthly release to the market of a large number of new coins negatively affects the price of coins. I think large investors will not allow IPOs to negatively affect the price of XRP, so there is no need to worry about this.