An institution wants to move $1,000,000.
If $XRP = $1
They need 1,000,000 $XRP
If $XRP = $100
They need 10,000 $XRP
If #Xrp🔥🔥 = $10,000
They need 100 $XRP
If Xrp= $1,000,000
They need 1 $XRP
Same value to move.
Completely different market impact.
Which is easier for a system to utilise?
• One xrp at $1,000,000 ?
• Or one million $1 $XRP ?
XRP
1.6207
+2.12%