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RE: Why do projects like Ripple (XRP) and Tron (TRX) succeed (price wise)

in #vincentb • 7 years ago

I was hoping to read an explanation for the xrp&trx price increases. But I didn't see it 😥

About xrp&trx I know for sure that that 1 (former) CEO (Chris) has 5bln XRP. So the maximum free available amount is only 33bln assuming this guy won't sell. If we also assume that other high placed ripple employees have 13bln XRP, there is only 20bln freely Circulating.

The smaller the free float is, the higher the volatility. Could this be an explanation for the latest strong price increase?

7 years ago in #vincentb by
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