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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: hd49728 on December 30, 2020, 10:38:47 AM



Title: XRP, SEC's lawsuit and future drama for Chinese cryptocurrencies
Post by: hd49728 on December 30, 2020, 10:38:47 AM
The trade war between the USA. and the China is not a new war and the change in Presidency of the USA. might or might not change a current status of the war. The recent drama on XRP, a top 3 cryptocurrency that has terrible drama, lawsuit, and price drops 3 times in very short period is a lesson to learn from.

Circa 2018 or 2019, there are a wave of delisting on cryptocurrencies from China on Poloniex, Bittrex, etc. or trading restrictions that don't allow USA. customers to trade those cryptocurrencies.

I would like to take the XRP drama to remind you that the similar delisting wave on cryptocurrencies from China might occur again under the Presidency of Joe Biden. Active projects won't die as consequence of delisting on USA exchanges but price will drop freely. Delisting on big exchanges often cause terrible drops.