Cryptocurrency Q&A Why is XRP designed to be $10,000?

Why is XRP designed to be $10,000?

Andrea Andrea Tue Apr 02 2024 | 6 answers 1333
I'm somewhat perplexed about the design of XRP's value. Why was it initially set to be $10,000? This seems like a significant figure, and I'm wondering if there's a specific reason behind this choice. Is it tied to some underlying economic principle or market analysis? Or was it just a random number plucked out of the air? I'm interested in understanding the rationale behind this decision, as it seems to have a profound impact on the cryptocurrency's market positioning and adoption. Why is XRP designed to be $10,000?

0 answers

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts