2.1887 -0.93% Why doesn't the price of XRP reflect its true value? XRP is used for massive global transfers, but buying through OTC deals hides the true demand, preventing the price from rising. Ripple's acquisition of Hidden Road and the potential approval of an ETF may soon reveal this demand in the market, pushing the price up.
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permanent
2.1887
-0.93%
Why doesn't the price of XRP reflect its true value?
XRP is used for massive global transfers, but buying through OTC deals hides the true demand, preventing the price from rising. Ripple's acquisition of Hidden Road and the potential approval of an ETF may soon reveal this demand in the market, pushing the price up.