Ripple CTO reveals painful truth about XRP $3.84 "ATH"

Ripple CTO David Schwartz has recently taken to X platform to engage in a discussion regarding the $3.84 price point that XRP reached in January 2018, and whether it was indeed an all-time high for the asset. User @Onlyhoodvibes88 tagged Schwartz, stating that the aforementioned price level was not an ATH for XRP; he argued that the $3.84 figure was misleading and attributed it to inflated prices from Korean exchange rates. In his reply, the CTO confirmed that this ATH was misrepresented in media reports and that one could not sell or buy XRP for $3.84 back then. Schwartz explained that this high price contained "inflated amounts due to the use of 'official' currency exchange rates for Korean exchange rates." Meanwhile, XRP continues to trade above the $3 mark; at the moment of writing, it is valued at $3.26, per Coin Market Cap.

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