Why XRP Price Is Stuck Despite Ripple’s Big Wins: Shareholders Before Holders, Says Expert
Photo: Coinpedia
Ripple has had one of its busiest stretches in years. It won a national trust bank charter, launched new partnerships and talked up XRP throughout Ripple Swell. Yet XRP is still trading near $1.27. Billy Trajcevski, Head of Strategic Partnerships at UpTrade, says the reason has more to do with Ripple’s structure than with the news itself. Many holders worry that RLUSD, Ripple’s dollar stablecoin, is taking attention away from XRP. Trajcevski rejected that idea. “XRP is not a stablecoin. RLUSD is. It’s really as simple as that,” Trajcevski said.
Source: Coinpedia
