{"id":563500,"date":"2020-08-28T16:53:54","date_gmt":"2020-08-28T13:53:54","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=563500"},"modified":"2020-08-28T17:00:28","modified_gmt":"2020-08-28T14:00:28","slug":"xrp-may-never-reach-1-let-alone-10-crypto-analyst","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/xrp-may-never-reach-1-let-alone-10-crypto-analyst\/","title":{"rendered":"XRP May Never Reach $1 Let Alone $10 – Crypto Analyst"},"content":{"rendered":"
In summary:<\/strong><\/p>\n Crypto analyst Timothy Peterson<\/a> of Cane Island Alternative Advisors has shared a densely packed price analysis of XRP. According to Mr. Peterson, XRP may never reach the $1<\/a> value let alone $10. He provides two reasons why XRP’s future value looks stagnant.<\/p>\n To begin with, be cites that XRP user growth is not there. Secondly, digital fiat is a threat to XRP. To sum up his analysis, he highlights that XRP is one of Grayscale’s smallest funds thus indicating there is no investor interest in the remittance coin.<\/p>\n Mr. Peterson’s analysis of XRP was made via the following Tweet.<\/p>\n #Ripple<\/a> $XRP<\/a> may never reach $1 let alone $10. The user growth just isn’t there and digital fiat is a threat. It is one of Grayscale’s smallest funds, so it doesn’t seem like there’s much investor interest either. pic.twitter.com\/KNWBSPV1Bf<\/a><\/p>\n \u2014 Timothy Peterson (@nsquaredcrypto) August 27, 2020<\/a><\/p><\/blockquote>\n\n
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