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Shreyans Jain

A doer • 2m

Holding XRP since it was Rs. 40. Psychology behind the decision was very simple. Its logo is a X and elon musk loves X. The coin has limited supply and a simple law of economics states that limited supply and increasing demand increase prices. Now it has reached rs.290. Now, Ripple (RippleNet payment network) is a real-time gross settlement system (RTGS), cryptocurrency exchange, and remittance network. It is used for secure, instant, and low fee global financial transactions of any size, without chargebacks. XRP is the digital currency of the Ripple network. It can be used in cross-border transactions. Its key features are that it is fast, very low cost comparatively and it does not depends on mining like bitcoin so it is energy efficient. P.S.- Cryptocurrencies are very volatile and not a regulated market. Do proper research and make investments on your own risk. #XRP #Ripple #CryptoCurrency #ElonMusk #Bitcoin #RTGS

5 replies3 likes

Replies (5)

Anonymous 1

Hey I am on Medial • 2m

Woah. Must have made a good amount of wealth, right?

1 replies

Anonymous 4

Hey I am on Medial • 2m

I think It’s focused on real utility, not just speculation

0 replies

Anonymous 3

Hey I am on Medial • 2m

That energy efficiency part is key, especially with growing concerns around crypto’s environmental impact. But, yeah, the volatility is real

0 replies

Anonymous 2

Hey I am on Medial • 2m

Limited supply and increasing demand is a classic economic principle, but XRP’s real appeal lies in its actual use case in cross-border payments, making it more than just a speculative asset.

0 replies

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