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XRP Demand Rises by 800%, Is This the Effect of Ripple’s Massive Buys

Published 25/07/2023, 22:35
© Reuters.  XRP Demand Rises by 800%, Is This the Effect of Ripple’s Massive Buys
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  • An XRP supporter, Mr. Huber claims there is a major demand for XRP.
  • According to Huber, between one to four billion dollars worth of XRP is demanded every day.
  • Huber noted that demand for XRP grew by 800% more than what Ripple could offer.

According to Mr. Huber, an XRP supporter and self-described sleuth looking for truth, there is a major demand for XRP. He noted that between one to four billion dollars worth of XRP is demanded per day.

Huber made the statement while responding to Yassin Mobarak, a member of the X social network who said there is no real market demand for XRP. According to Mobarak, Ripple is buying XRP from the open market in significant volumes. He believes XRP will not react to the market in the event of an overall bull run.

Still responding to Mobarak, Huber noted that dem…

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The post XRP Demand Rises by 800%, Is This the Effect of Ripple’s Massive Buys appeared first on Coin Edition.

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