- 1,725
- 1,753
- Joined
- May 21, 2004
I think it’s just a lot of experience to write down, not being. Cryptic. There hundreds of pages many of them discussing xrp.
put simply, there are billions of xrp coins. (Market cap) Supply and demand, which is what drives up the price, will favour coins that have less supply. Unless a run so major happens that demand for xrp shoots through the roof.
a few problems with that is- the ex ceo holding millions of coins, his contract that stated he had to hold is up and he will be selling them a long the way. This can suppress demand and therefore keep price low.
put simply, there are billions of xrp coins. (Market cap) Supply and demand, which is what drives up the price, will favour coins that have less supply. Unless a run so major happens that demand for xrp shoots through the roof.
a few problems with that is- the ex ceo holding millions of coins, his contract that stated he had to hold is up and he will be selling them a long the way. This can suppress demand and therefore keep price low.