Ripple proponent attorney defends XRP as a finite asset, slams Michael Saylor’s comments

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Ripple (XRP) price battles to hold above $0.47 on Monday as proponent attorney Bill Morgan criticized Bitcoin maximalist Michael Saylor for his take on the altcoin.

Ripple proponent Bill Morgan slams Michael Saylor for promoting Bitcoin as perfect money. XRP Ledger AMM has crossed a milestone of 20 million XRP tokens in Total Value Locked. XRP struggles to recover from its recent decline, trading at $0.47 on Monday. Ripple price battles to hold above $0.47 on Monday as proponent attorney Bill Morgan criticized Bitcoin maximalist Michael Saylor for his take on the altcoin.

I hope once the AMM gets the Price Oracle integrated in the future we get dynamic pricing and fees — Vet ‍☠️ June 23, 2024 Technical analysis: XRP struggles to recover, dips to $0.47 on Monday Ripple is in a state of decline, alongside other altcoins, while Bitcoin plunges under $62,000 on Monday. Bitcoin wipes out over 3% of its value on the day, taking altcoins down with it. XRP is trading at $0.4686, down nearly 2.5% on a daily basis.

 

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