Coinbase will suspend trading and deposits in Ripple’s XRP starting Jan. 19.
Is XRP going to be delisted?
More than 10 cryptocurrency exchanges have announced delisting of XRP so far after the SEC’s lawsuit against Ripple. According to the latest announcement by Binance US, the cryptocurrency exchange will suspend XRP trading and deposits from 13 January 2021.
Why is Coinbase removing XRP?
For Coinbase, the reason for dropping XRP as a traded asset was simple: As the company seeks to go public, being a platform for something that’s potentially a security would mean adding more paperwork simply so it could be legally allowed to let retail customers buy and sell a single cryptocurrency.
How long will Coinbase suspend XRP?
XRP trading on Coinbase Pro has moved into limit-only* on December 28, 2020, and has been fully suspended for both Pro and Coinbase.com* on Tuesday, January 19, 2021 at 10 a.m. Pacific Standard Time. We’ll provide additional updates, if any, through the Coinbase Support Twitter account.
What will XRP be worth in 2020?
Looking even further, the XRP projected value is set to be within the $0.50-$0.60 range in November 2025. Longforecast.com seems to have the most bearish Ripple XRP prediction, suggesting the coin to end 2020 at $0.38, further sliding to close 2021 at $0.26 and hit $0.08 in December 2023.
Is XRP a good investment?
According to WalletInvestor.com, XRP is a “bad, high-risk one-year investment”. … For the long-term, the service predicts XRP to end 2021 hovering around $0.323 and reach $0.4030 by the end of 2023, which would represent a growth of more than 58 per cent from its current price.
Why is XRP so low?
The potential reasons are relatively low volume compared to Bitcoin, uncertainty in the market, and a sell-the-news drop after an airdrop to XRP holders. The biggest catalyst of the XRP price throughout the past week has been the airdrop of Spark tokens.
Should I buy XRP 2020?
Investing Haven, a crypto prediction website has made an optimistic bullish prediction for 2020 as it believes that 2020 is going to be a flawless year for Ripple. They have stated that XRP might reach as high as $20 by 2020 as it thinks XRP has the highest potential, amongst all other cryptos.
Can ripple reach $10000?
Ripple XRP will never reach $1000. This is because its total circulation is less than 100 billion, which means it would need to have a market capitalisation of $100 trillion in order to hit a price of $1000.
What will happen to XRP?
“Ripple, the company, may be insolvent by the end of 2021 if it can’t raise money by selling XRP and its other products aren’t profitable. … The SEC lawsuit is against Ripple, not the XRP token. “Whatever happens to Ripple, XRP will continue to exist. It exists independent of the company.
What’s the future of XRP?
Conclusion: Is Ripple a Good Investment and What is the Future of Ripple?
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What is wrong with ripple coin?
XRP has no value
In the crypto scene, Ripple is accused of not being a real blockchain. The reasons are that it is centrally controlled, intransparent, isn’t mined and is controlled by a company. However, for Ripple’s purpose, those are not bad things. … And so the price drops to its actual value.
What will ripple be worth in 10 years?
Based on current projections, most people within the business agree that Ripple’s value can go up to the $200-$300 range in ten years. … Analysts say prices of up to $10/$15 per XRP by the end of the year and up to $30 a coin by May 2019 are now thought possible.
Can XRP reach $5?
All the pent up momentum in Ripple could result in a powerful breakout and surge. … According to various analyst’s take on mathematics, it could be anywhere from $5 to $26 per XRP token.