Today COINBASE announced that at 10am January 19th 2021 They will suspend (XRP) Ripple Globally from their platform. Obviously this is due to the lawsuit against Ripple and it's CEO by the S.E.C.
This comes at a shock to many of us that have been heavily invested in XRP for a long time. Undoubtedly this will cause another drop in the price of XRP, as of this post it's price already dropped to $.24 from around $.29 where it had been floating around in the recent days.
All I can say is this will either be one of the biggest shakeouts that the crypto world has ever witnessed, or the beginning of the end to our beloved XRP. Personally I lean towards the SHAKEOUT theory, I truly believe that when ripple wins this lawsuit and is legally categorized as a currency the people that sold won't have time to buy back in before XRP goes parabolic!!
Well that's what I think! What do you think? Comment below!!
