How did Ripple (XRP) become so popular and blow up in price?

[Blitzboy]

With the mindset of scamming people. There were two guys, then a lot more of course but at first there were two guys, who said that they could turn crypto into a business, and earn a lot of money from it, they could just print and sell their crypto and make it look legal and then end up selling it to people. They did that, print whatever amount they want, they still could print whatever amount they want, and then they ended up selling it to poor folks with a promise of making a lot of money.

This in return made a lot of people excited, and they all fall for it, which is why we are seeing the price so high. They are still convincing people to invest with them, which makes no sense to me at all but they are still doing it.

For those who have been here long enough, and not just recently joined the crypto world; this is exactly how it happened and how it is going so far. It's true that it was created by some people and it is heavily centralized and all of that is valid and true.

I think people are making big mistakes by trying to figure out a way to change that and they should not try to do that at all. It is obvious that we are going to end up with a result that would change our perspective on what crypto is, because normally that's a decentralized thing and here we are talking about centralization being ok if you invest into them. I would never say that, centralization has always been bad and keep on staying bad for crypto on the long run.

I've seen these concerns often. Crypto's early days were about decentralization, as many remember. The key principle! Like you, several of these projects lean toward centralization. Its scary, right? Seeing people support centralized projects confuses crypto enthusiasts who like decentralization.

Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.

Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?

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[bitgolden]

I've seen these concerns often. Crypto's early days were about decentralization, as many remember. The key principle! Like you, several of these projects lean toward centralization. Its scary, right? Seeing people support centralized projects confuses crypto enthusiasts who like decentralization.

Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.

Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?

That has been quite scary for a long time and yet the fact that people are still doing it makes me wonder what we are still doing. I mean if the projects are so centralized then it would not be all that great to handle it, we should be considering it a bit more dangerous.

Centralization is a lot more common nowadays that's true, and we should dislike it as much as we possibly could, but that doesn't mean that we are going to end up with XRP looking good, that was the OG centralized project and unfortunately people accepted it and put money into it.

What this caused is to open doors for the future where more and more projects became centralized seeing how XRP was accepted, so project creators decided if XRP can be centralized and make so much money for their creator, then we could do it too. Now the entire crypto space is filled with smaller XRP type of projects. If only we rejected it and not invested into them, it would have been a lot better for the market today.

[kentrolla]

Ripple had gained popularity during last quarter of 2017 as i remember even I got 10x returns but Ripple is centralized and dev team can dump or take out the tokens from market to manipulate the coin's price to create false market emotions by creating demand/supply this it became talk of the town and gained popularity, also Ripple works with banks to help them with transactions.

[lalabotax]

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?

XRP is not a new coin, they have been around for a long time and have often been competitors to ETH in the CMC rank in the past. However, since the problems with the SEC, XRP has fallen, really fallen, so it has not been able to reach a very significant ATH bullish era. And finally, after going through problems with the SEC, XRP returned to rise again. But it was still not as optimal as before.
Maybe because you are new to this coin. However, in fact, the increase is normal and not that significant if you look at the history of progress from now on. However, in fact, XRP has good fundamentals and a good team so that as an old coin,

[Teraboy]

ripple has always having bad rumour surrounding it but regardless this coin still becoming popular i guess part of it because the investors of ripple are usually newbies, they see ripple having partnership with big banks they then so sure ripple will be as valuable as bitcoin but thats just my speculation there might be other reason why its so popular.

[wxa7115]

I've seen these concerns often. Crypto's early days were about decentralization, as many remember. The key principle! Like you, several of these projects lean toward centralization. Its scary, right? Seeing people support centralized projects confuses crypto enthusiasts who like decentralization.

Isnt it natural evolution? People seek stability, which they sometimes associate with centralization. The conflict between our idealistic crypto ideals and real-world stability and security is our own pseudo-problem.

Always remember that investing is about choices. If you believe in true decentralization, persist. Let the market decide what matters most. Isnt that decentralization's spirit?

I think the problem is not ideological but it is simply about convenience, people will simply follow the path of least resistance and if that is the path that leads to centralization then they do not care, it is only once they begin to be affected by that centralization in which people will raise their voices and look for a change.

And an example of this is Amazon, people love to receive their products that come from the other side of the world in just a few days, so they love Amazon, it is only now that Amazon has become so powerful that now many small business are suffering and people are losing their jobs that they are now complaining about it.

[Kelvinid]

ripple has always having bad rumour surrounding it but regardless this coin still becoming popular i guess part of it because the investors of ripple are usually newbies, they see ripple having partnership with big banks they then so sure ripple will be as valuable as bitcoin but thats just my speculation there might be other reason why its so popular.

People had just made it bad and negative rumors because XRP is still looking good. Maybe our concern is the price which is quite not growing high like others that makes some blowouts but if you could really see how useful it was in many traders, you can find that the trx cost it too small compared to other coins. This is why it brings XRP to attention and remains popular. A certain project may not just be familiar with its price but can be also on the nature of its function and XRP does something, a big help to the traders.

[VFalcon]

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[danherbias07]

The cheap transaction fee is one of their good features, and then there's the fast transaction too.
They were already popular before and when the SEC hit them, they were suddenly not in the trend anymore. But they fought the SEC back and partially won the case so they are back on track again. It's not like every project out there will do the same as what XRP did, most of the time they will just let it go and file a bankruptcy. I think they did well at doing that and investors will come in again even though some leave them after what the SEC did.
Anyway, today's market is all about the trend, if one project can somehow make it to the top of the trend then there's a chance it will climb in value. Ain't Shiba Inu the one proof of that?

[fmz89]

Hi all,

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?

xrp one of old coin like doge and ltc, lot of people already knew xrp was centralized and they dumping continuesly to market. and makes lot of money from it,
back then only few coin to choose and with ton of free money they easy to pump to ultimate high even passing eth sometimes in 2017 and makes no.2 crypto for couple days

[bangjoe]

Hi all,

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?

xrp one of old coin like doge and ltc, lot of people already knew xrp was centralized and they dumping continuesly to market. and makes lot of money from it,
back then only few coin to choose and with ton of free money they easy to pump to ultimate high even passing eth sometimes in 2017 and makes no.2 crypto for couple days

Apart from that, XRP is also considered as an alternative to SWIFT, which will replace the financial system used by SWIFT in international transactions and from company to company it can also be integrated which will make transactions more effective and efficient.
If you pay attention, the bear holders are companies related to Ripple.

Apart from that, XRP also has a lot of controversy and collusion with global elites such as the Roschild family, I am also quite interested and have some XRP as a sign of curiosity about their future movements, even though they are still at odds with the SEC, they are quite strong today.

[Huppercase]

ripple has always having bad rumour surrounding it but regardless this coin still becoming popular i guess part of it because the investors of ripple are usually newbies, they see ripple having partnership with big banks they then so sure ripple will be as valuable as bitcoin but thats just my speculation there might be other reason why its so popular.

Ripple is a noise maker project, they do this, they do that with banks, next blockchain of the banks. Where exactly are the partnership banks that are utilizing ripple to make borderless transaction around the world? There is none, banks don't have their own power on their own because the Central banks are watching to kick them out of the system if found of any violation.

Secondly, they make news everywhere and here, won the lawsuit against SEC which I'm happy about but ripple is and will never come close to bitcoin because bitcoin is different and ripple is different. Take a look at the pricees, since ripple crash in 2018 after the bull run, it has not exceeded the previous ATH, I really wonder if the price will grow pass that or maybe 2018 was fake pump.

xrp one of old coin like doge and ltc, lot of people already knew xrp was centralized and they dumping continuesly to market. and makes lot of money from it,
back then only few coin to choose and with ton of free money they easy to pump to ultimate high even passing eth sometimes in 2017 and makes no.2 crypto for couple days

It makes a lot of sense to say that investors that had Xrp earlier in the crowd funding time had access to billions of Xrp at cheaper price and sell off and abandoned the new investors. The new investors are stuck in between and may just be waiting to see full recovery to exit the market without looking back, the reason why the price has been stuck behind.

[sana54210]

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?

Age definitely plays a big role in the crypto world, not that all the coins that has been around for a while ended up with some success, a lot of them crashed and died, but there are still a lot of coins that stay from back in the day. You are not going to see too many 2023 created top ranked coins, look at the top 100 and tell me how many of them were created in the 2023, not a lot of them, I am not even sure if there are any of them, must be very few if they exist.

The top 10-20 doesn't even have any, it's impossible to crack in there, time helps the good ones, while making bad ones go away. This is why I do not invest new coins, and invest into ones that has been around for a while, they are established and they can be good. XRP is one of them, I dislike it and do not buy it, but I understand that it's good because of the time it has been around, people built some trust with it and they enjoy it and like it no matter how centralized it could be.

[wxa7115]

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?

Age definitely plays a big role in the crypto world, not that all the coins that has been around for a while ended up with some success, a lot of them crashed and died, but there are still a lot of coins that stay from back in the day. You are not going to see too many 2023 created top ranked coins, look at the top 100 and tell me how many of them were created in the 2023, not a lot of them, I am not even sure if there are any of them, must be very few if they exist.

The top 10-20 doesn't even have any, it's impossible to crack in there, time helps the good ones, while making bad ones go away. This is why I do not invest new coins, and invest into ones that has been around for a while, they are established and they can be good. XRP is one of them, I dislike it and do not buy it, but I understand that it's good because of the time it has been around, people built some trust with it and they enjoy it and like it no matter how centralized it could be.

And we see this because even if the hype can be very powerful and make a coin skyrocket, this is only a temporary occurrence, in order for any coin to become one of the top coins in the market much more is needed, and the majority of the coins out there do not have it.

So it is not surprising to see that the majority of the altcoins that are released experiment one out of two very simple cycles, the first one is an immediate crash after being released and the inability to ever recover, and the second cycle is one in which some level of success is reached by the coin, followed by a crash and eventual disappearance.

[kotajikikox]

Hi all,

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?

they may have  Huge supply but XRP is also one of the most used in terms of payment because of its super low fee and also faster being sent.
have been using Ripple(XRP) for years specially back then when I was still a active gambler , ripple and Dogecoin are the cryptos that i commonly uses (as i kept my bitcoin on hold)

[jrrsparkles]

Hi all,

Relatively new to trading crypto for altcoins so was just wondering if anyone knew how did Ripple blow up so high in price?

It has a circulating supply of 53,175,400,720 (Coinmarketcap) , a max supply of 100,000,000,000, yet it still managed to astronomically increase it's price from $0.0029438 to $3.84?

I didn't know a coin could have so much supply yet increase to that price, so how did it all happen?

A lot of people influenced the newbie investors to choose Ripple as one of their coin and those investors don't even know that Ripple is centralized which is not the nature of actual crypto currencies and from that it became one of the strong coin and later on it just hangs around here and there with often support from whales with bump and dump on its prices along with the market trends. It is one of the coin that doesn't deserve to exist at all in my opinion so XRP holders beware that it might goes to zero at any time.

[batang_bitcoin]

It happened on 2017 bull run where it was with Bitcoin during that time. I do not know, maybe there were just few choices for the majority of the altcoins and that is why wherever the demand was, there goes everyone who chose to get on it.
Past that, it did not reached the all time high that it has got again because of how various and wide the market is recently. Another reason was about the SEC issue that it has got so it didn't moved a lot last bull run.

[Myleschetty]

It happened on 2017 bull run where it was with Bitcoin during that time. I do not know, maybe there were just few choices for the majority of the altcoins and that is why wherever the demand was, there goes everyone who chose to get on it.
Past that, it did not reached the all time high that it has got again because of how various and wide the market is recently. Another reason was about the SEC issue that it has got so it didn't moved a lot last bull run.

Yes,  the ATH price happened in the 2017 market about according to the information or the chart showing the price of XRP then,  the coin seems to be highly manipulated then and according to that fact I think it was memecoin in the crypto market during the 2017.

[AmoreJaz]

It happened on 2017 bull run where it was with Bitcoin during that time. I do not know, maybe there were just few choices for the majority of the altcoins and that is why wherever the demand was, there goes everyone who chose to get on it.
Past that, it did not reached the all time high that it has got again because of how various and wide the market is recently. Another reason was about the SEC issue that it has got so it didn't moved a lot last bull run.

Yes,  the ATH price happened in the 2017 market about according to the information or the chart showing the price of XRP then,  the coin seems to be highly manipulated then and according to that fact I think it was memecoin in the crypto market during the 2017.

when it got to its ATH, of course, there was so much hype surrounding on this project. up until they got their encounter with SEC and so the drama began.
but when it comes to transfer purposes, i would also go for xrp as they have one of the cheaper fees out there and you can basically find it in major crypto exchanges, thus, its viability in the payment sector.
on the other hand, compared to other new alts and meme projects, i guess, i would go for xrp. at least, their presence in this market has been tested for years and years already and the xrp team is not yet giving up knowing that SEC is on the look out to this project.

[rodskee]

It happened on 2017 bull run where it was with Bitcoin during that time. I do not know, maybe there were just few choices for the majority of the altcoins and that is why wherever the demand was, there goes everyone who chose to get on it.
Past that, it did not reached the all time high that it has got again because of how various and wide the market is recently. Another reason was about the SEC issue that it has got so it didn't moved a lot last bull run.

Yes,  the ATH price happened in the 2017 market about according to the information or the chart showing the price of XRP then,  the coin seems to be highly manipulated then and according to that fact I think it was memecoin in the crypto market during the 2017.

that is the last ATH of XRP because the SEC chasing them is what Hinders the coin making another
Hype in 2021 in which I believe the destiny of Ripple , and now we are once again nearing Halving but hard to find reason
for XRP to reach another ATH again, according to its performance now after winning the case? it is not enough to bring
investors back to their tail again.