XRP Suppression?

March 7th, Forbes rakes XRP over the coals…again.

Four days later, Coindesk reports Swiss SIX will open a Ripple ETP this year.

Meanwhile, Ripple’s Japanese darling/foothold SBI, is keeping the faith even as J-Coin looms.

Could JPM’s attempt at competing with Ripple be a factor?

forbes jpm

Here’s a sensible-sounding (if clearly biased) theory from Youtube. However, he may be underestimating the effect of Ripple holding 60% supply.

What do you think? Is $0.31 USD the right price?

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