$101,082.00
-1.12%$2,240.83
-1.21%$2.02
-1.76%$620.27
-1.39%$132.94
-1.34%$0.999798
0.00%$0.265431
-2.45%$0.152425
-1.47%$2,237.44
-1.34%$0.544449
-1.11%$101,084.00
-1.17%$35.80
7.36%$2,701.13
-1.28%$452.12
-2.10%$2.49
-2.68%$9.11
1.86%$11.67
-2.34%$0.230244
-2.22%$0.999681
-0.01%$16.65
-0.80%$48.22
-0.59%$2.74
-3.89%$1.001
0.16%$0.00001065
-1.85%$80.61
0.59%$2,240.13
-1.32%$2,397.64
-1.23%$0.135751
-0.93%$1.001
-0.09%$303.48
-1.82%$3.16
-3.73%$4.06
-3.13%$101,130.00
-1.09%$6.28
-2.49%$0.503781
-1.35%$0.00000887
-4.24%$228.96
-1.87%$53.42
5.20%$1.18
-0.01%$1.00
0.00%$307.32
-1.99%$3.93
-4.13%$1.056
0.01%$0.080734
-3.31%$4.60
-1.84%$160.92
-1.37%$1.90
-2.53%$15.24
-1.98%$0.999739
-0.02%$27.27
-2.44%$0.675459
-1.95%$0.589664
-3.87%$15.93
-4.55%$4.44
0.03%$8.70
-2.21%$0.064499
-1.36%$3.73
-1.61%$101,237.00
-1.00%$0.01946619
-1.65%$0.073255
0.82%$0.172805
0.24%$0.58911
-3.09%$0.998727
0.14%$0.241138
-3.11%$0.999964
0.04%$2.79
-4.44%$4.18
-0.56%$2.09
-4.34%$0.161547
0.16%$1.002
0.06%$0.830196
-2.94%$2,240.52
-1.29%$0.272499
-0.44%$10.78
-0.93%$90.56
1.57%$140.68
-1.24%$0.194136
6.32%$0.203877
-0.37%$1.11
-3.51%$0.01612509
-3.91%$2,552.33
-1.10%$2,347.80
-1.16%$0.347238
-2.07%$1.00
0.01%$1.00
0.04%$9.87
-1.22%$0.999635
-0.01%$0.00001229
-3.08%$1.39
-2.97%$1.02
0.07%$0.941119
6.30%$1.39
-2.35%$0.055803
-3.62%$3.03
12.48%$0.275897
6.21%$3,392.46
-0.65%$101,000.00
-1.15%$0.562048
-2.95%$0.490421
-4.32%$2,405.80
-0.76%$620.45
-1.39%$3,374.02
-0.68%$2,352.65
-1.73%$100,924.00
-1.01%$102,521.00
-0.12%$1.11
0.08%$2,358.85
-1.18%$0.473034
-0.02%$0.073617
-3.09%$0.532676
-1.65%$111.51
0.00%$0.691081
-1.41%$0.363687
-1.46%$1.99
-3.58%$148.37
-1.50%$0.998351
-0.01%$172.92
-1.58%$0.775655
1.81%$2.02
-2.40%$0.01005924
-4.05%$1.092
-0.11%$2,421.88
-1.22%$0.00006413
-3.14%$38.28
-2.21%$0.997823
-0.01%$0.601249
-2.08%$0.658602
-3.23%$29.24
-1.72%$100,630.00
-1.28%$0.232733
-1.15%$17.06
-2.74%$0.01257065
-3.14%$0.147043
-2.87%$0.213002
2.68%$1.86
-1.44%$0.00000056
-2.59%$0.00863367
1.22%$0.01111937
-1.82%$3.28
-5.34%$0.99941
-0.05%$100,878.00
-1.11%$0.385776
-2.73%$0.494416
-0.89%$35.74
6.96%$0.493597
-2.18%$0.086039
-3.84%$2,238.78
-1.55%$0.997145
-0.07%$1.84
-4.84%$101,015.00
-1.16%$2,239.72
-1.31%$0.304883
-4.44%$2,402.65
-1.06%$2,346.19
-2.35%$0.436632
-0.83%$2,241.02
-1.27%$0.237381
-0.15%$0.563439
-1.59%$0.01316934
-1.92%$7.78
0.67%$0.407616
1.55%$1.25
-2.24%$0.060877
0.06%$0.999802
0.01%$0.999912
0.01%$1.00
-0.00%$44.74
-3.73%$1.09
0.00%$0.998834
0.74%$34.72
3.80%$2.19
-2.27%$1.002
0.33%$0.15229
-1.52%$0.00000039
-4.72%$0.374623
-5.30%$1.16
2.07%$2,238.11
-1.31%$5.06
-1.05%$0.03596018
-3.81%$0.170032
7.42%$0.441608
-1.08%$0.00001742
-3.39%$0.103113
-0.07%$12.18
-2.51%$2,381.77
-1.16%$0.473009
-0.27%$2.05
-1.44%$0.337403
-4.09%$0.03374482
-0.06%$0.277494
-2.62%$0.328277
5.04%$0.0056277
-3.00%$1.13
1.10%$0.063792
-4.03%$4.89
2.02%$0.849368
-0.59%$19.41
0.66%$0.99962
-0.01%$0.99928
0.02%$100,818.00
-1.20%$0.03233829
-1.08%$0.00339789
-7.38%$2,469.73
-1.41%$1.00
0.07%$0.0161959
-5.01%$1.01
-1.95%$1.29
-2.16%$100,909.00
-0.26%$0.999866
-0.01%$0.117883
-5.28%$0.0035373
-4.13%$0.03072332
-5.07%$2,452.16
-1.29%$0.118781
-2.67%$2,237.79
-1.40%$144.63
-1.31%$0.00005256
-3.05%$9.70
3.33%$0.00000073
-0.78%$0.673035
-1.79%$0.997805
-0.08%$1.70
1.10%$0.00274735
-3.56%$0.415869
-2.63%$101,080.00
-0.85%$1.016
-0.06%$0.00000132
-5.87%$2,240.26
-1.00%$101.61
-0.45%$0.00315546
-4.34%$0.969216
-5.32%$16.67
-0.74%$0.259519
-2.01%$2,029.30
-1.13%$0.554385
-4.31%$0.054317
-4.27%$0.172738
0.13%$95,203.00
-4.50%$98,816.00
-0.96%$0.597544
10.60%$0.999754
-0.00%$0.00454103
-4.15%$0.999404
0.01%$0.167742
-1.92%$0.513868
-2.14%$13.66
-1.13%$5.52
-1.22%$0.45418
-8.37%Reading
During the last two years, Ripple has lost over 63% of its active community, according to data collected from Telegram chat groups by a pseudonymous crypto trader.
Community Capitulation
(Whaleclub went private so it's the most accurate number for existing members after 2017 bull run)
Member loss is from June 2018 till April 2020 pic.twitter.com/Cy19Nz0PoS
— Aztek_Ƀtc (@Aztek_btc) April 15, 2020
Aztek’s data indicates that between June 2018 and April 2020, many crypto-focused Telegram channels have seen a severe drop in the number of members, leading to massive “community capitulation.”
As Decrypt reported recently, Ripple’s XRP was the worst-performing crypto asset in the top 25 coins by market capitalization within the first quarter of 2020. The price of XRP is currently down 95% since its all-time high in January 2018.
It was a forgettable 2019 for Ripple’s XRP. But, unfortunately, it’s been more of the same in 2020, according to a new report from crypto analysis firm Messari. A token of questionable origin, XRP was the worst-performing crypto asset in the top 25 coins by market cap within the first quarter of the year, Messari reported. The coin has been knocked out of the top 3 coins by market cap, and currently faces historical lows of $0.18 per coin. There are a number of potential reasons, both internal...
Worse still, Ripple, the company dedicated to the coin, has been adding to the downwards pressure on the price.
"Early in the year, Ripple CEO Brad Garlinghouse revealed that Ripple would not be profitable or cash flow positive without selling XRP, indicating that its XRP sales were indeed helping to finance the business," data analyst Messari noted, in a recent report.
Despite Ripple always being transparent and revealing its sales, XRP holders were unhappy with the company’s token dumps and even threatened to fork XRP unless Ripple stopped this practice. Public statements that the company does not care much about the price of XRP hardly helped to retain their community either.
Besides Ripple, a large number of users have apparently lost their interest in Litecoin too, as the project lost over 67% of its Telegram following since 2018. Many other crypto-focused groups lost 25–75% of their members as well.
But crypto's not dead yet.
Tips
Have a news tip or inside information on a crypto, blockchain, or Web3 project? Email us at: tips@decrypt.co.
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