Despite XRP’s price staying pretty much the same, there are still people who think it’s worth investing in. Recently, someone in the XRP community shared a video to remind everyone about the potential of XRP, even though some folks are worried about it not doing so well.
Versan Aljarrah, who’s a well-known member of the XRP community, posted a video on his social media. In the video, Miles Franklin CEO Andy Schetman talks about how XRP could make everyone “incredibly wealthy.” He says that even if you don’t have a lot of money, you could still make good money by investing in XRP.
Schetman also talks about something called de-dollarization. This is when countries start using other currencies instead of the US dollar. He thinks that XRP could be a good alternative to the dollar.
It’s interesting because some people have been saying for a while now that XRP could replace the US dollar as the main currency used around the world. Ripple, the company behind XRP, has even said that’s what they want to happen. And some experts think that if that does happen, XRP’s value could go way up.
So, when Schetman talks about how XRP could make you rich, he might be hinting at this idea that XRP could become really valuable if it replaces the US dollar.
XRP Community Is Getting Impatient The video from Schetman comes at a time when a lot of people in the XRP community are feeling frustrated. Some people are even blaming Ripple’s CEO for XRP not doing well. They think that Ripple might be doing things to keep the price of XRP down.
Others have asked Ripple to get rid of some of the XRP tokens they have stored away. They think that if there are fewer XRP tokens available, the price of XRP will go up. But Ripple’s Chief Technology Officer says that getting rid of those tokens wouldn’t really help.
Either way, it’s clear that people in the XRP community are getting tired of waiting for things to get better. If XRP doesn’t start doing better soon, some people might start selling off their XRP tokens.
Right now, XRP is trading at about $0.52, which is up by a little over 2% in the last day, according to CoinMarketCap.
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Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.
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