XRP at $0.45 on May 30, 2019
Will not stop preaching this, #Ripple #XRP prices, by default, are designed to be stable---and low. Reason? #xRapid. #Ripple has contracts with FIs and for them to use xRapid, they must cheaply purchase #XRP away from the open market. Confirmed!! twitter.com/...49760
Ripple contracts with partners prevent them from purchasing #XRP on the open market.
— 🇺🇸TheRippening$Bullzerian🇧🇬 (@The_Rippening) May 30, 2019
These partners wouldn’t have bought XRP AT ALL, OTC or on the market, if Ripple didn’t onboard them.
They’re buying for the purpose of using xRapid, not as a speculative investment.