The fundamentals of Ripple (XRP) are improving at a faster pace. It is signing up more and more institutions to use its Ripplenet products. It is also launching newer and newer RippleNet products. The only problem is that when you look at the performance of the XRP token, you will realize that it has been underperforming.
When will price of Ripple (XRP) reflect its fundamentals?
The only problem is that when you take into account the price of the XRP token, it is much lower as compared to a year ago levels. In fact, in January 2018, it was trading close to $ 3.52. Currently, it is trading around $ .36. In spite of improving fundamentals due to the market dynamics, Ripple (XRP) has been consistently moving downwards. The investors are trying to figure out what exactly is happening. With such a significant down move, investors are not able to reap the rich dividends of investing in the XRP token in spite of improving fundamentals.
It remains to be seen how long before the demand for the XRP token picks up. Only when the market for the XRP token picks up, the investors in ripple (XRP) will be able to reap any dividends from the increasing number of RippleNet products. Up until then, only the usage of RippleNet products will increase and not the price of the XRP token.