What's wrong with Ripple?

in #ripple7 years ago

When Ripple signs contracts with big companies like Moneygram or WesternUnion it does not make XRP going to the moon. If these 2 companies instead of XRP used Railblock or EOS we would expect to see their prices going up exponentially. So why such big company with high number of references and a lot of resources struggles to maintain its coin price around $1.5 meanwhile other coins under limited resources and no references are able to reach $10 in very short period of time and still going higher?

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It ptobably has something to do with the MASSIVE supply of XRP.
Not that I'm against you argument, I very curious on how Ripple didn't, at least 2x, bue well... We just have to wait.
Please do come bt my blog, I follow Ripple on a daily basis (alongise other 5 criptos)

Market supply is one of the reason certainly, but it does not explain the shyness of this coin. Thank you for your comment.

No problem, I'm a long XRP entusiast, I feel your anger as I feel the same >.<