Ripple-XRP Is Now A Base-Pair On Binance

in #binance6 years ago

This one surprised me a bit. I actually took a position in XRP again last week so this news doesn't hurt my position. I know its a bankers coin and overall run by & for shitty banks, but as a trade, its hard not to hold the #2 token by market cap.

Screen Shot 2018-12-28 at 7.05.36 PM.png

It was first announced on CZ's twitter feed HERE.

Screen Shot 2018-12-28 at 7.09.27 PM.png

Binance’s listing of XRP as a base-pair helps XRP case as a viable cryptocurrency and this will further eat into the Alt-coin position that ETH had as a 2nd base pair.

Ripple has already surpassed Ethereum in terms of market cap and is now #2. As Binance adds more XRP trading pairs, there will be an increase of XRP trading volume which will increase its Market Cap. The gap between Ethereum and Ripple is likely to grow larger and XRP’s 2nd place position is going to become harder to overturn.

Screen Shot 2018-12-28 at 7.16.35 PM.png

@matthewwarn

To invest in Mene24k Gold Jewerly click Here
To open your own BitShares account, click Here
To open your own Binance account, click Here
To open your own Coinbase account, click Here

C3TZR1g81UNaPs7vzNXHueW5ZM76DSHWEY7onmfLxcK2iPe356vX8pMr2YZYCNwrGiDBbPieM7xX9z8YkUuMuG4VB9gDLhK4DZ495u6TvAuWdnSrmTmfgBx.png

Sort:  

Really strange that on the one hand binance is exploring a DEX and on the other hand more presence to XRP.
Even though I do not even consider XRP a crypto, I agree with you as a speculator

Its not a crypto, but if I can use it to grow my BTC balance, yeah, why not?!?

anything goes to earn btc, with xrp we just need to be care bout the total supply that is not controlled by inflation or miners

40 Billion coins...what could possibly go wrong? lol

haha yes and the problem are the remaining 60billion sitting on the bench lol

XRP will surpass BTC

I would agree its a token, but a key aspect of a Crypto is that it is decentralized and mined or verified in the case of POS coins, but since Ripple is not mined into existence, I don't think it qualifies as a true Cryptocurrency.

I believe it does qualify as a good investment. I have no problem not calling it a cryptocurrency. We could call it a digital asset, a bridge currency or a commodity.
Title it what you want but this thing is making headway and solving a trillion dollar problem. I hold BTC which I believe is a good investment in the short term but for the long term XRP is a clear winner in my humble opinion.