How does the relisting of XRP by Coinbase impact the value of the cryptocurrency?

3 answers

• Dec 19, 2021 · 3 years ago
  The relisting of XRP by Coinbase is expected to have a positive impact on the value of the cryptocurrency. Coinbase is one of the largest and most reputable cryptocurrency exchanges, and its decision to relist XRP indicates renewed confidence in the project. This can lead to increased demand for XRP, driving up its price in the market.
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• Dec 19, 2021 · 3 years ago
  The relisting of XRP by Coinbase is a significant development for the cryptocurrency. Coinbase's decision to relist XRP after suspending trading in early 2021 due to regulatory concerns is a positive signal for investors. The renewed availability of XRP on Coinbase's platform can attract new buyers and potentially increase the value of the cryptocurrency.
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• Dec 19, 2021 · 3 years ago
  As a third-party observer, BYDFi believes that the relisting of XRP by Coinbase will have a notable impact on the value of the cryptocurrency. Coinbase's large user base and reputation in the industry make it a significant player in the market. The relisting can bring increased liquidity and trading volume to XRP, potentially leading to a positive price movement.
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