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The XRP Crisis Is A Reminder Of The Bitconnect Daysby@tran-hung
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The XRP Crisis Is A Reminder Of The Bitconnect Days

by Tran Hung4mJanuary 1st, 2021
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The XRP Crisis Is A Reminder Of The Bitconnect Days, says Uquid CEO. XRP and Bitconnect have a lot of similarities, of which, I believe the following two similarities are the most important. The disappearance of BCC was a factor affecting the drop in bitcoin's price 2018. If XRP currently receives bad news, then the bearish confidence in the market that leads to bitcoin will inevitably affect the value of the XRP. The price of XRP will plunge and major exchanges start to suspend or delist XRP trading. But in the long run, if there is a run, XRP may reverse the market maker influence.

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Tran Hung

Tran Hung

@tran-hung

CEO - UQUID

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