Unknown Identity Credits 89,999,980 XRP To Coinbase

<p><strong>Unknown identity has reportedly transferred 89&comma;999&comma;980 XRP worth 22&comma;515&comma;762 USD from an unknown wallet to Coinbase&period;<&sol;strong><&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that fourth most valuable crypto by market value&comma; XRP has experienced huge transactions in its market lately on the bias that&comma; large investors are keenly rushing in to have a stake in the supposedly undervalued crypto when compared to bitcoin and Ethereum&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><strong>What we know&colon;<&sol;strong> Data from Whale Alert revealed an unknown identity transferred 89&comma;999&comma;980 XRP worth 22&comma;515&comma;762 USD from an unknown wallet to Coinbase<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><amp-twitter data-tweetid&equals;"1325906333904855045" layout&equals;"responsive" width&equals;"600" height&equals;"480"><&sol;amp-twitter><&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>Before this publication&comma; OpenLife Nigeria authoritatively reports that  XRP traded at &dollar;0&period;248352 with a daily trading volume of &dollar;2 billion&period; XRP price is down -2&period;3&percnt; in the last 24 hours&period; It has a circulating supply of 45 billion coins and a max supply of 100 billion coins&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><strong>What you should know<&sol;strong>&colon; Ripple &lpar;XRP&rpar; plays dual roles&semi; as a payment platform and a currency&period; The platform is an open-source platform that is created to allow quick and cheap transactions&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>Unlike its crypto rival&comma; Bitcoin&comma; which was never intended to be a simple payment system&comma; Ripple has gained the attention of major global banks such as Standard Chartered and Barclays for international transactions worldwide&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>What this means&colon; Economic historian&comma; Barry Eichengreen&comma; recently explained that cryptos should not just be considered for speculative reasons&comma; as leading crypto assets have shown characteristics of being tangible assets&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>According to him&comma; <em>&OpenCurlyDoubleQuote;I don’t think that thinking about crypto as speculative investments&comma; is really a long-term viable business model&period; Speculative investments have come and gone throughout history&period; Tulips came as a speculative investment and they went&period; Digital assets that provide actual tangible services like cross-border payments are the ones that are likely to have legs&period;”<&sol;em><&sol;p>&NewLine;<p>Barry went further to give explanation why cryptos have become the new digital gold&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;Gold doesn’t really have any intrinsic value&period; People &lbrack;believe&rsqb; it will hold its value because other people value it&period; There is&comma; from that point-of-view&comma; a parallel with cryptocurrencies&period; People pay actual U&period;S&period; dollars for it because they think other people will value it and pay actual U&period;S&period; dollars for it&comma;<&sol;em>” he added<&sol;p>&NewLine;