Report: The XRP community is shrinking rapidly
Ripple's altcoin XRP developers periodically state that their ecosystem continues to expand. Some of them even called the project community the “XRP Army.”
However, the data from TIE and eToro show that the picture is far from being as joyful as it is presented in Ripple startup.
Analysts published a report that drew attention to a sharp reduction in the number of posts and discussions on social networks dedicated to the XRP token.
In parallel, there is a tendency for capital to leave the altcoin. In the first three months of 2020, the coin collapsed by about 10%.
The popularity of Bitcoin, on the contrary, is growing. For comparison, since January, the number of mentions of the largest digital currency on Twitter and other social networks has almost doubled. Moreover, the BTC ecosystem expanded even during periods of falling coin value, as evidenced by the increase in the number of new addresses on the network.
In the Telegram messenger, the number of chat visitors focused on Ripple and XRP has significantly decreased.
In the crypto community, many are extremely skeptical about the prospects for altcoin. Traders have repeatedly stated that XRP will fall in price. Moreover, coin developers themselves periodically resort to its sales, thereby provoking a new phase of asset weakening.
Ripple's altcoin XRP developers periodically state that their ecosystem continues to expand. Some of them even called the project community the “XRP Army.”
However, the data from TIE and eToro show that the picture is far from being as joyful as it is presented in Ripple startup.
Analysts published a report that drew attention to a sharp reduction in the number of posts and discussions on social networks dedicated to the XRP token.
In parallel, there is a tendency for capital to leave the altcoin. In the first three months of 2020, the coin collapsed by about 10%.
The popularity of Bitcoin, on the contrary, is growing. For comparison, since January, the number of mentions of the largest digital currency on Twitter and other social networks has almost doubled. Moreover, the BTC ecosystem expanded even during periods of falling coin value, as evidenced by the increase in the number of new addresses on the network.
In the Telegram messenger, the number of chat visitors focused on Ripple and XRP has significantly decreased.
In the crypto community, many are extremely skeptical about the prospects for altcoin. Traders have repeatedly stated that XRP will fall in price. Moreover, coin developers themselves periodically resort to its sales, thereby provoking a new phase of asset weakening.