Ripple Executive Issues Rare Statement on XRP Price and State of Crypto Markets

[Riya143]

Ripple chief technology officer David Schwartz thinks the market prices of XRP and other cryptocurrencies are true reflections of the public’s confidence, not the products of whale manipulation.

Schwartz, one of the founding architects of the XRP Ledger, says via Twitter he would prefer not to think that XRP’s current price (nearly $0.20 at time of writing) is the correct value of the asset. But the basic logic of fair markets says otherwise, according to the CTO.
Read more: https://dailyhodl.com/2020/07/09/ripple-executive-issues-rare-statement-on-xrp-price-and-state-of-crypto-markets/