Stellar and Ripple - do you think they will always be linked price wise?

jamie

We've all seen it in the last couple of weeks, if Ripple goes up say 10%, so does Stellar Lumens (roughly anyway). If Ripple drops, so does Stellar.

Do you think they will ever stop being coupled together so much, and if so what do you think it'll take for that to happen?

Kamil

Most of volume for Both XRP and XLM were coming from same exchanges Polionex, Kraken, BTC38 ... But i see recently news that Ripple is being added to more exchanges. Bitfinex adding Ripple https://twitter.com/bitfinex/status/865627827466403840 And 6 other exchanges soon https://ripple.com/insights/news/xrp-liquidity-to-deepen-with-listings-on-six-new-exchanges/

Plus the way handling new supply will be different https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/

Maybe it will take a while. But since strategy of 2 companies is different, the price should decouple

Paul_Fisch

They do seem very similar. It is weird ripple has been taking off more so than stellar.

Kamil

The race just started. Anything can happen in the coming few months :slight_smile:

enjoi

I doubt it, I think a lot of it is going to be related to overall adoption/projects/backers/etc.

justpokeme

That's pretty weird to be honest but I think prices shouldn't be that similar since they're two different things coming from two different developers.

aldebar

As long as the price go up i really don't care

stellar

I am curious as to how the Lumens giveaway contributes to Stellar price. XRP will keep going up but Stellar might face a challenge in June.

dr.funk

Why might it face a challenge in june?

Zyvanse

I believe Ripple and Stellar can coexist. Personally I'm diversified about 60/40 XRP/XLM. Very exciting gains from both have been coming and hopefully will continue.

That being said, I'm also under the impression that Ripple has a bit more of a foothold in the market that they're specifically trying to grasp currently. At this point, if Ripple doesn't make any mistakes, it really is to the moon.

Edit: Brainfart meant to respond to another thread about ripple, regardless my answer stands. I don't think their prices are as linked as they seem, but if it goes up, good for all of us!

Eshuggz

I see no reason why XRP and STR should have any price correlation with each other seeing as how they are very different from one another.

Frode_Ramvik

I have noticed a kind of correlation and I guess they are similar in tech( me no tech head) but not in their mission. I think stellar got a nice chance to persist as it got its own agenda bringing payment service to the poorer parts of the world. Anyways I am excited for its future!

marc_willemsen

I think people both see them as bank-coins and thats the reason why the price seems linked but it really is not. Give the market some time and the prices will come further apart

Honkbert

While some correlation seems rational, I don't think they will always be linked.