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