Analyst: XRP Price Will Struggle For These Two Reasons

Analyst, Mati Greenspan sees the XRP price continuing to struggle in the short term due to Ripple sell-offs, and the fact that financial institutions don’t need the token to access the benefits of the Ripple network.Yes. XRP tokenomics is a bit funny that way. The two main issues…
1. Ripple holding a large portion of tokens and selling into the rallies.
2. Usage of the network does not necessarily require XRP tokens. Banks can use Ripplenet w/o ever touching the token. https://t.co/