From January to March, Ripple fell by 86%. However, XRP is not all bad — according to the company, in the first quarter sales of XRP has risen by 83 percent, and users started to buy the coin in 2,5 times more than last year. This writes Bitcoinist.
Ripple is growing. But not all so simple
In the first three months of 2018, the company sold coins on of 167.7 million dollars. The head of Department of corporate relations of the Ripple That Cannick said that the financial performance of the startup surpassed even the wildest expectations.
We focused on how to attract more private investors in XRP. If we manage to follow this strategy, then after a few years we will be able to change the balance of power in the market.
If this direct sale of the project, which usually have on major investors, declined by 17 per cent to 16.6 million dollars.
The fall of XRP in January c 1.91 0.53 dollar to dollar to Ripple explained overall decline that was observed in that time the cryptocurrency market. The share of coins in total capitalization of cryptocurrencies has grown more than 100 percent up to 7.5 percent.
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