Will the xrp released by Ripple be consumed?

Will the xrp released by Ripple be consumed?

Let’s see if the Ripple currency is consumed or locked under what circumstances: If users say that they use a Ripple wallet and need to keep 75 ripple coins, then we assume that there are 100,000 users now, a total of 7.5 million xrp will be consumed. Theoretically, each gateway needs to consume 25 ripple coins. Even if the world opens 10,000 gateways (Just a hypothesis), it only consumes 250,000 XRPs. In the past year, there were more than 30,000 XRP ripple coin used as expenses in Ripple's payment network. Even if ripple paid 10,000 times more business, it can only consume one-thousandth of the total circulation of Swiss Wave ripple coins. The amount of locks or consumption needed above is not worth mentioning compared to the total number of 100 billion.

Therefore, many people think that the xrp payment gateway may have specific value, but buying ripple coin itself has no investment value, that is, even if the XRP must have the gateway value, it will be impacted by the new P2P payment. Therefore, the ultimate value of the gateway cannot be measured. However, for people who like ripple, but do not intend to invest for a long time, it may not be wise to stay away from ripple. Of course, the role of xrp as a lubricant in the Ripple payment system is also very important. When considering investment, this role is best not to exclude. However, those who intend to invest for a long time should still pay attention to whether ripple coin price will be staged by some speculators or Ripple company. Although it seems that the price is tempting, the impulse investment generated by this temptation will bring great losses.