Head of Ripple: Only 1% of Cryptocurrencies Will Remain
Ripple lab CEO Brad Garlinghouse shared his opinion on the future of the cryptocurrency market in 2020. He believes that 99% of all projects will disappear, and only the highest quality will remain. https://twitter.com/Ripple/status/1210279075509657600 The head of Ripple believes that the cryptocurrency community is aware of the ineffectiveness of more than 3 thousand existing projects, which will lead to natural consolidation. Only those coins that have real use and demand among consumers will survive. He said he does not know the exact number of projects to pass this natural selection, but we are talking about one percent. According to CoinMarketCap, there are 4,972 digital coins on the market, but this is not a complete list.