What people swapping their XRP investment for.

[mrob82]

I moved into Cardano and ETH and liquidated XRP at .55.  I just fear that XRP is just the start of the delist "era."  I moved out of TRON as well, my thoughts are that it could be next.

[shinratensei_]

XRP's rise was actually true for the airdrop. But after people bought airdrop tokens, they sold their XRP for profit. So they were totally on the profit target. Later, they probably worked with eth and ltc as alternatives.

It's better if you are seeing what happened with ripple before try to argue it. ripple was facing a big problem that can kill the company anytime. It's not about the airdrop or profit taking.
People are massively moving their XRP into the better coin like ethereum or even bitcoin. Some legit coins below ripple have been getting the pump due to the migration by XRP holders to the new coins.
Im not getting any surprise to see that consider so many people were accusing ripple too.

[yazher]

Most of the holders are transferring their XRP into BTC you can check that out by looking at the current chart in the crypto market. as of today, it rises up 2.63% and 16.55% in the last 7 days. Now the price of XRP is drastically moving down dramatically, there is always a bearish market for every cryptocurrency out there but this one doesn't have a chance to recover its original price because of its current situation.

[Wingsbtc]

SEC should go easy on XRP,  many people including whales depends on this coin for many years now, moreover this project was built to be a better payment solution and it works very well, why all this lawsuit right now? I do hope that XRP win this and make a good come back, it hurts to see a top altcoin going down because of lawsuit, all the best XRP team

[irixo10]

What XRP holders are selling to could extend to other coins they find more better and holds the potential to give them more profit as they lost through holding XRP, in as much as you are right, there could still be other coins like BTC and ETH they swapped to. Nevertheless, one can only but think on what the future of XRP will be from now, what will be the aftermath of XRP platform after the case is solved if at all in the favour of XRP, asking all these questions will only make most people to sell even more as the future of XRP is totally unclear. Lastly, there is every tendency more bad news will come, remember it is exchanges we are referring to here, and once other exchanges think it is better for them to delist XRP, then that will cause more selling pressure and more drop in price.

[FaucetKING]

I think that some of the investors will be rushing to buy Cardano, Ethereum, Nem and litecoin. These are the safest pairs and tokens / coins to buy at these moments. Especially Ethereum after that jump from 650$ to 740$. I am expecting Ethereum to be at 800+$ in the upcoming weeks which seems really getting achieved. You might invest now but try to spead your investment, never jump into one coin only.

Eh.. why not Bitcoin instead of those altcoins?  I think it is much safer to move their fund in Bitcoin, then buy altcoin after the Bitcoin bull market ends. 

Yes, Bitcoin also will be targeted by these investors, i wanted to talk about the altcoins first because we all know that these funds will directly move toward Bitcoin because of these investors who are just rushing to dump their XRP bags. Of course some of them are going to save their balances in Bitcoin but in general i know that those are altcoins lovers so it's logical that they will urge to altcoins again, i really can't expect that they will stay for too long hodling Bitcoin cuz they are here for the fast profits.

[cryptomaniac_xxx]

Obviously, the big coins, Bitcoin and Ethereum and then perhaps ADA and LTC as well. In the last couple of days, bitcoin already sets all time high, while ETH goes above $700 for the first time since 2018, while LTC and ADA continue to rise. So for me majority of XRP dumpers are shifting their funds to this big 4 crypto. Maybe some on smaller altcoins, but the capital might take to long to grow.

[kevinzxz]

After the tweet of Coinbase that they are going to suspend the trade of XRP. The price of XRP lost some instant value.
That made me think what is most of Ripple investors swapping their XRP for so this pic shows you when Coinbase announced their suspension and here is their aftermath on the chart


And at the same time both Cardano and Polkadot saw a small pump just after the XRP Dip



This means that people think of those two currencies as an alternative for Ripple and and it's very likely to see their value grow even more if more bad news gets to XRP.

I don't think it's because coinbase announced that it will remove Ripple (XRP) (there may be an impact but only slightly), but what had a big impact on the price of Ripple (XRP) going down and getting a lot of people to swap Ripple (XRP) for other cryptocurrency was because SEC sued Ripple, so many people are afraid to invest in Ripple (XRP) for now and prefer to be safe.

[meldrio1]

I guess you're right most people might swapping their XRP with those two coins. What a huge dump caused by Coinbase news that really hurt for investors. It might continue to go down, we don't know what will be the bottom price of XRP but seeing this price right now I'm thinking the big whales are ready to get into XRP.