Currently, Crypto market is not upto the mark in terms of price. Almost all token loses a significant amount from their all-time high and Bitcoin is leading the party. Bitcoin is the king of Crypto. Current BTC dominance rate is more than 50%. I found that XRP is also contributing crypto market cap hugely. When XRP moves, market moves significantly.
This week XRP is the real winner. The price of XRP spiked as high as 75 percent from its opening price. Just a couple of days back, XRP was trading at less than thirty cents. Now it is almost doubled its value. The expert believes that this is due to the fact of FOMO.
In this bear market, Electroneum, Dogecoin, and XRP is doing pretty good. I am a strong believer of the crypto market and its underlying technology. Short time price movement does not bother me and it should not be. It was becoming a trading that Investing in ICO will give you huge profit within a short period of time.
Now it is counterproductive. most of the cases, ICO is not profitable right now. I have invested best projects with all the good rating, People interest is high, Founding team is A class. But at the end of the day, when ICO hit the market. You will be disappointed due to the market price
No matter what, believe in this technology.
Have a good time
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Glad to see it coming up again. That 30 cent mark had me hurting! Either way still down :( But I should have stocked up on xrp on that dip
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XRP should continue the rally to make more fans :p
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