Got $1,000? Here's 1 More Reason to Buy XRP and Hold It for at Least 3 Years
XRP (CRYPTO: XRP) is about to experience an interesting tug of war over its supply. On one side are the predictable monthly coin supply releases from escrow by XRP's issuer, a company called Ripple. On the other side are the world's first XRP treasury companies, which are start-ups whose sole purpose is to stockpile the coin and sit on it to capture its price appreciation over time.That second force is small today. But the very fact it now exists when it didn't before creates incremental, structural demand for a coin whose floating supply is otherwise set to expand. If you can handle a three-year holding window and an investment as small as $1,000, the odds are thus very favorable that demand will win out in your favor if you buy the coin. Let's explore why.A crypto treasury company is a publicly traded business that raises capital, buys a digital asset like XRP, and thereby offers its shareholders levered exposure to the underlying asset's price. This approach was first used by Strategy with Bitcoin, and now the same model is being attempted by a few enterprising companies with XRP.Continue reading
XRP (CRYPTO: XRP) is about to experience an interesting tug of war over its supply. On one side are the predictable monthly coin supply releases from escrow by XRP's issuer, a company called Ripple. On the other side are the world's first XRP treasury companies, which are start-ups whose sole purpose is to stockpile the coin and sit on it to capture its price appreciation over time.
That second force is small today. But the very fact it now exists when it didn't before creates incremental, structural demand for a coin whose floating supply is otherwise set to expand. If you can handle a three-year holding window and an investment as small as $1,000, the odds are thus very favorable that demand will win out in your favor if you buy the coin. Let's explore why.
A crypto treasury company is a publicly traded business that raises capital, buys a digital asset like XRP, and thereby offers its shareholders levered exposure to the underlying asset's price. This approach was first used by Strategy with Bitcoin, and now the same model is being attempted by a few enterprising companies with XRP.
