While the rest of the currencies are rising, the NFT is booming and the Defi is shining, the Ripple is still suffering.
Ripple is the currency that has held up for a long time as the No. 3 coin on Coinmarketcap, but now has little left in the market.
Everyone started to criticize Ripple with harsh criticism after the lawsuit against it by the Securities Commission.
Seen as probably XRP's fiercest critique for a long time, as he frequently uses brutal wording against Ripple's organization and blames it for customer fraud and computerized XRP cash carrier.
In his last tweet, he explained that the advanced cash ripple passes and parses a chart of it against Bitcoin, as shown below:
Peter Brandt explained in his tweet that he felt depleted towards advanced cash XRP holders and showed his anger at Ripple's organization causing the deception and control of its financial backers.
His assertion went with effect:
Allies of the seventh largest digital cash have been shot down due to Ripple's supposed double dealing, the assistant XRP.
At the start of November, Brant confirmed that the SEC needed to declare XRP as collateral, just over a month before the observer documented his claim against Ripple. Brandt showed before the board announcement:
XRP would have been reported as collateral if the SEC had obtained digital forms of money.
This is a typical example of a marketplace where a suitcase holder controls.
Digital Money XRP is down 97% against Bitcoin:
XRP is one of the not many forms of cryptocurrency that currently doesn't seem to be finding a rally more wide than Bitcoin.
In late 2020, the money provided by XRP is down by more than 70% after the JSC's claim.
XRP digital cash is still 87% lower than the unmatched high of $ 3.20 in January 2018.
The XRP / BTC pair is currently down over 97% from its May 2017 peak.
Without going into the smooth and regressing analysis, Brandt said that ferrous metal is superior to XRP computerized money.
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