Community Information
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XRP's seems to be garbage
\- XRP is premined. \- Ripple holds **2%** of the current minted xrp \- Ripple has full control over the remaining 50 billion xrp to be released which is approx **50%** of total supply. \- It is a hyper **centralized** coin. It is basically highly dependent on Ripple's success. \- The XRP supply seems to be in the hands of a group of bag holders who have not seen an ATH **since 2017!** **-** Without even talking about its usecase, it seems to have real competitors that have **more efficient fundamentals**. **-** It seems to be riding some sell the news events that could **blow up**. The **XRP/BTC** all time chart is a **wild cliff**: *Processing gif 9on8pwxobx6e1...*4
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