Why #coinbase listing didn’t boost #xrp price
▻https://hackernoon.com/why-coinbase-listing-didnt-boost-xrp-price-cc11569ebece?source=rss----3a
There was a general feeling that when Coinbase announced it was listing XRP on its Coinbase Pro platform there would be a corresponding leap in the value of Ripple’s native token. There was some movement on the day of the announcement (25th February) with XRP shooting up by 10% in value, but that is about as exciting as it got.Furthermore, when Coinbase then announced on 28th February that it was adding XRP to Coinbase.com, as well as the exchanges’s Android and iOS apps, the response was flat.The analysts’ analysisWhile #crypto consumers might be somewhat surprised by this lack of activity, analysts were less so. According to crypto expert Charles Bovaird, writing at Forbes, several analysts were of the opinion that they had never expected anything else. Jeff Dorman, cofounder and head (...)