Why Ripple's price is not going up, even though it is one of the largest cryptocurrencies in the world?

[coolcrush]

Hello, I want to know, why Ripple's price is not going up even though it one of the largest cryptocurrerncies in the world.

Comments

[donchate]

Also this is a bankcoin backed by central banks and the powers at be, that many cryptocurrency holders want no part of.

[rksumanthraju]

Even though ripple is going on main stream adoption with banks implementing it, unlimited supply is hindering its price. Few millions are traded each day. Only shortage of tradable coins will push the price up. Also, banks try to keep it stable to avoid losses.

[coolcrush]

thank you for this information

[rksumanthraju]

Due to unlimited supply of coins. When supply is more than demand, price usually dont go up !!!