A day ago, the CEO of Ripple Brad Garlinghouse had tried to set the facts straight regarding XRP. However, things didn’t go according to plan. The petition on change.org by Crypto Bitlord is still gathering traction; it is now backed by almost 2600 people worldwide. Considering that in a span of three weeks more than 2000 have expressed their dismay at Ripple, this is a pretty serious matter
3/ @Ripple continues to set industry standards in reporting and transparency (one example is our quarterly markets report). We lay it all out, and it’s not our “view” but fact. @business https://t.co/3Ng1udAABg @bloomberg
— Brad Garlinghouse (@bgarlinghouse) August 27, 2019
Brad keeps asserting that all the information from Ripple sources is based on real data. He conveniently avoids the topic of XRP being dumped constantly in the market. Pretty soon, the circulating supply will have reached the 43 billion mark.
All these tweets spring up which refer to the MoneyGram deal as game-changing. Well, the currency benefits the executives who have ownership over the tokens more than investors. This inequality hasn’t gone unnoticed, nor have the bots belonging to the infamous XRPArmy escaped from scrutiny.
Although some refuse to abandon their faith in the system. Check this out:
‼️🧐 $XRP Ledger # 49624361 contained a whopping 370 transactions
Assuming a generous close time of 3.5 seconds, that is more than 105 tx/second 🍻
— rabbit (@RabbitKickClub) August 28, 2019
XRP is ranked at #3, below Ethereum but above Bitcoin Cash and Litecoin in the market. The price diminished at a rate of 5.26% in the course of the past 24-hours. The trading volume recorded is $1.297 billion, while the supply has 42,932,866,967 XRP coins in play. As of this moment, the total market cap of XRP is $10.869 billion. XRP is priced at $0.253173 for now.