XRP Q4 2019: Crypto traders had one shot to make 20% profit


Ripple (XRP) is still arguably the most polarizing digital asset in the cryptocurrency space. Powered by a network of less than 100 validators, Ripple Labs pitches XRP as a liquidity tool for the traditional finance sector. Its supporters fervently believe adoption is coming, while critics have long claimed that regulators may one day classify XRP as a security. [READ: XRP bag holders are begging Ripple to stop dumping its coins] Still, quarter after quarter, Ripple Labs sells millions of dollars worth of XRP to investors. This quarter saw the firm earn $13.08 million by selling XRP, down from $66.24 million in the previous three…

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