Why can’t Ripple be $1?

Ripple is getting further and further away from its dream of becoming $1.. Top 4 in terms of market capitalization. What is the biggest obstacle for XRP to rise to $1?

Can Ripple become $1?

Hash wars in 2018 During this period, the market was plunged into a huge collapse. But this collapse has impressively given XRP some gains.. While XRP has risen to 2nd place in the market, Ethereum, the largest altcoin until then, is 3.

After this rise, many people overvalued Ripple (XRP) than it deserved.. But when it comes to profit returns, XRP’s transaction price failed to deliver what users expected.. This led users to question the real value of the token and find the answer to the question of why Ripple can not be $1.

• See: Ripple price predictions: Experts’ 2020-2025 XRP price prediction
• See : Current Ripple reviews and expert estimates
• See: How to buy Ripple? XRP  buying guide

Why isn’t Ripple rising?

Because Ripple (XRP) acts according to certain standards.

As with all tokens, network developers have a significant impact on the usability and adaptability of the token.. Ripple’s goal is to replace Swift in the international payment platform and become a platform that restructures global banking payments.

This is why Ripple’s target audience is institutional investors rather than individual investors.. Since the Ripple network plans to profit from banks and financial institutions, its interests do not match with individual investors in terms of earnings.

In addition, the Ripple network moves on a centralized route, which causes users who strongly oppose centralization and the system to control cryptocurrencies, keeping a distance from XRP.

Ripple’s vision has negative repercussions not only on individual investors but also on stock markets and regulators.. And that’s why XRP is constantly stuck with some criteria in terms of listing and regulation and encounters problems.

To date, Ripple has come under heavy criticism for acting as a centralized network.. Even though the company denied the accusations, uncertainties about this issue still persist.

As a result; Ripple appears again in the answer to the question of why Ripple cannot be 1 dollar. Because the biggest problem is Ripple, the company behind XRP.. Despite increasing partnerships, the centralized nature of the Ripple network remains the biggest obstacle to the transaction price increase.

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