It’s been a rollercoaster ride for XRP holders over the past few months. After reaching an all-time high of over $3.00 in early 2018, the price of XRP plummeted to around $0.30 by the end of the year.
And while the price has since recovered to around $0.50, many investors are wondering if XRP will ever return to its previous highs.
The simple answer is that anything is possible in the cryptocurrency markets. However, there are a few factors working against XRP that make it unlikely that the coin will return to its all-time highs anytime soon.
One of the biggest problems facing XRP is the SEC’s ongoing investigation into whether or not the coin is a security. If the SEC decides that XRP is a security, it could have major implications for the coin’s price.
NOTE: WARNING: There is currently no evidence or reliable information to suggest that XRP will return to Coinbase. Any speculation regarding XRP’s return to Coinbase should be taken with a grain of salt and should not be taken as an investment advice. As always, anyone considering investing in any cryptocurrency should do their own research before making any decisions.
Another issue facing XRP is the fact that it is heavily centralized. While this does have some advantages, it also means that XRP is less decentralized than other cryptocurrencies like Bitcoin and Ethereum.
This could make it harder for XRP to gain mainstream adoption.
Finally, there is also the question of whether or not Ripple, the company behind XRP, will be able to continue to sell large amounts of XRP without depressing the price. Ripple has already sold billions of dollars worth of XRP, and if they continue to do so it could keep the price down.
All things considered, it seems unlikely that XRP will return to its all-time highs anytime soon. The SEC’s investigation and Ripple’s sales could keep the price down, and XRP’s centralization could make it difficult for the coin to gain mainstream adoption.
7 Related Question Answers Found
It’s been a rollercoaster ride for XRP investors over the past few months. The digital asset was unceremoniously removed from Coinbase in March, causing the price to crash. However, XRP has since staged a strong comeback and is now trading above $0.50.
On January 19, 2021, Coinbase announced that it would be suspending XRP trading on its platform. The announcement came after the U.S. Securities and Exchange Commission (SEC) filed a lAWSuit against Ripple, alleging that the company had engaged in illegal securities transactions.
It’s been a big week for crypto. First, Bitcoin surged past $11,000 per coin for the first time in 15 months. Then, Ethereum followed suit, reaching a new all-time high of $485.
It’s been a busy few weeks for XDC. The team has been hard at work on a number of fronts, including the launch of our mainnet, the release of our mobile wallet, and the listing of XDC on a number of exchanges. One of the most common questions we’ve been getting lately is “will XDC be on Coinbase?”
It’s a fair question, and one that we don’t have a definitive answer for at this time.
As the crypto market continues to expand, more and more people are looking for ways to buy and sell cryptocurrencies. One of the most popular exchanges is Coinbase, which allows users to buy and sell Bitcoin, Ethereum, and Litecoin. Recently, there has been a lot of speculation about whether or not Coinbase will add new coins to its platform, including XYO.
As of December 2019, Coinbase no longer offers XRP on its platform. This is due to the SEC filing against Ripple, which alleges that the company has violated securities lAWS. Coinbase is not the only exchange to delist XRP; other major exchanges, such as Binance and OKEx, have also removed the digital asset from their platforms.
As of now, XCAD is not on Coinbase. There are a variety of reasons why this might be the case. For one, Coinbase has only recently begun listing new assets, and XCAD may not have been high on their list.
