Ripple added to robinhood
In the past month, we have witnessed the price of Ripple climb to 3 dollars and change.
Now we are witnessing the price of Ripple hover around 1.30$, although the circulating supply of ripple is high we could see a jump in price.
Ripple is going to be listed on Robinhood once Robinhood opens up trading for cryptocurrencies. Cryptocurrency trading will open on Robinhoods exchange in February. Most posts that I read regarding the subject say trading will open next month. Most of these posts were made January 20th to the 29th.
Ripple is also going to be listed on a big exchange in Dubai called BitOasis.
trading for BitOasis will open tomorrow january 30th.
When does Robinhood open crypto trading?
"Robinhood Crypto will be available to our first group of customers in February"
that is taken directly from Robinhoods help page.
Big news for many of these currencies being added. However I find it extremely interesting and against the use case for Ripple's "liquidity" currency, as robinhood is 100% retail investors. People buying xrp at this point are only hoping for a quick ride. They're going to find long term that holding currency that only serves value to discount for banks on the ripple network doesn't serve them as investors. A currency of this nature will be held stable in price long term, it needs to be, which is why Ripple is paying market makers to assist in this as well.
what is your suggested investment coin?
Stellar Lumens, XLM. Out of the ones listed on robinhood, would be the largest potential in my opinion. It's a coin capable of breaking out of the correlation to Bitcoin price and stand on it's own legs. Fundementals are strong long term.