Ripple News Update
In yesterday’s Ripple news update, we revealed that South Korean authorities may close a few crypto exchanges and clamp down on anonymous transactions.

This cast a long, gloomy shadow over crypto prices. Many of the top cryptos trended down after the proposed rules came to light.

Ripple defied the pessimism by staying “in the green,” which I think is strange, given the support XRP receives from Korea.

Korean exchanges are frequently—if not always—the top markets for trading XRP. At one point, three of them accounted for 70% of total trading volumes. That number has since fallen to ~45%. However, XRP is still more liquid in Korea than anywhere.

The post Ripple Price Prediction: XRP Hits $2 Despite Negative Korean Regulation appeared first on Profit Confidential.

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Ripple Price Prediction: XRP Hits $2 Despite Negative Korean Regulation