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Why Ripple CoinBase Rumors Flared?

While Bitcoin has gained value and altcoins have been watching a calm image recently, this image has changed with the sudden value gain of Ripple in the last 24 hours. The main reason behind this is the resurgence of rumors that Ripple will be added to CoinBase. So what is the development that triggered this? Let’s take a quick look…

As we are all aware, Ripple has signed many agreements recently. Despite these agreements, while the Ripple price has been stable recently, it has been a long time since Ripple CEO Brad Garlinghouse will appear with CoinBase COO Asiff Hirji on CNBC’s “Fast Money” program tomorrow (Tuesday).

While there was no explanation from CoinBase and Ripple on the subject, Tetras Capital’s co-founder Alex Sunnarborg made the following statement to CNBC;

“Ripple CEO I’ve been hearing rumors everywhere that Brad Garlinghouse will announce deals with CoinBase and Japanese banks on the upcoming Fast Money show. In addition, strong purchases take place and this creates a FOMO (fear of missing out) effect, placing users in this paradox. ”

Ripple price, which tested $1.08 levels during the day, stabilized a little bit with profit sales and declined to $1.04 levels.

Total number in the market will reach 100 billion Ripple’s 60 billion while 40 billion of them are in the hands of the firm. Even Ripple’s $1.04 levels bring the company’s Ripple value to $62 billion.

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