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XRP the 'third largest collapse of all time' says The TIE’s Josh Frank

CryptocurrencyJan 01, 2021 10:00PM ET

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XRP the 'third largest collapse of all time' says The TIE’s Josh Frank

XRP the 'third largest collapse of all time' says The TIE’s Josh Frank

The XRP token’s market capitalization has fallen almost $130 billion since its all-time high in 2018, making the cryptocurrency project’s decline comparable to the collapse of major financial institutions.

According to Josh Frank of crypto-focused research company The TIE, the project is experiencing a collapse similar to some of the biggest corporate scandals and catastrophes in recent history.

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Comments (2)

Sagacious Louis Jan 02, 2021 10:05AM ET

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buy XRP now ahead it's going to bounce back

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Julius Ezurike Jan 01, 2021 11:52PM ET

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Some investor analyst I know also say now is the best time to buy into XRP, is this a good advice?

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Zwibuya T Jan 01, 2021 11:52PM ET

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Yes

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Gerald Brown Jan 01, 2021 11:52PM ET

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Only if you think it will come back, and if any exchange will touch it. I'll just have to wait and see if my exchanges will unfreeze XRP transactions.

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