In latest the crypto market bloodbath, which battered both Bitcoin and altcoins, the only asset left unscathed was XRP. Miraculously, it has even risen a bit higher in the past day, up 0.19% to $0.48. Stellar (XLM), which behaves as the open-source sidekick to XRP, is also relatively unchanged, losing only a cent to $0.21.
Later, XRP also saw a larger slide, shedding 11% within an hour of trading, going down to $0.42. The days ahead will show if XRP manages to hold on better.
Here are the most probable reasons XRP survived for a bit longer while the rest of the market capitulated.
Separate communities: It is somewhat misleading to state there is one unified crypto community. There are many projects with their own fan base and traders. But the Ripple community and XRP owners are in a separate group, not connected to projects based on mining, tokens, or the running of a distributed blockchain.
The Ripple community has been the punchline of many jokes from other coin owners and Bitcoin maximalists, but in th...
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