Ripple top executive has commented on tweet that celebrated Gary Gensler's exodus from SEC
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Is Bitcoin in Secret Downtrend? Dogecoin Breaks Key Resistance Level, Ethereum in Pain With No Signs of Breaking Through On Friday, Ripple Chief Legal Officer Stuart Alderoty tweeted that that was Gary Gensler’s final full day as the head of the U.S. Securities and Exchange Commission. As reported by U.Today, earlier this week, David Schwartz revealed an interesting fact about the $3.84 all-time high achieved by the XRP coin in January 2018. The Ripple CTO tweeted that it was not quite an ATH, though it was widely reported as one.
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Ripple CTO Debunks $3.84 XRP ATH, Explains 'Kimchi Premium' PhenomenonDavid Schwartz clarifies that the widely reported $3.84 price as XRP's all-time high was inflated due to Korean exchange rates. He explains the 'Kimchi premium' and its impact on cryptocurrency pricing.
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