RATE Group | XRP Investor Goes Viral, Says He’s Losing Confidence in Ripple and Third-Largest Cryptocurrency
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XRP Investor Goes Viral, Says He’s Losing Confidence in Ripple and Third-Largest Cryptocurrency

XRP Investor Goes Viral, Says He’s Losing Confidence in Ripple and Third-Largest Cryptocurrency

A fan of Ripple and long-time XRP investor is going viral on Reddit after saying he’s concerned about the future of the third-biggest crypto asset on the market.

His post, entitled “Long-term hodler losing confidence,” shot to the top of the r/Ripple subreddit. The trader questions the level of XRP adoption among financial institutions and whether Ripple’s crypto-based payments product, called On Demand Liquidity (ODL), will boost the price of the cryptocurrency.

In particular, he says comments made by Ripple’s executives, including chief executive officer Brad Garlinghouse, stating that a significant number of banks would utilize XRP, have not yet come to fruition.

“Garlinghouse and Schwartz mentioned dozens of banks would be using XRP, Ripple would be working with major household names, but two years have passed and very little has been made public… Perhaps the developments continue to happen behind the screens, but so far the use…

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