XRP and Ethereum Share This 1 Critical Problem. Should You Sell Them?
Investors holding these coins and waiting for cryptocurrency to go mainstream may be in for a shock.
XRP and Ethereum Share This 1 Critical Problem. Should You Sell Them?
Overview
Two of the largest cryptocurrencies destroy a portion of every transaction fee incurred on their blockchains. But contrary to what most investors expect, those mechanisms aren't meaningfully boosting returns for holders.
Ethereum (CRYPTO: ETH) has seen its supply grow by more than 950,000 ETH since September 2022, so there's no case to be made for token burns decreasing its circulating supply. XRP (CRYPTO: XRP), on the other hand, has destroyed just 14 million XRP through fees over the entire 13-year life of the XRP Ledger (XRPL) -- about 0.01% of the 100 billion XRP maximum supply.
Details
So, given that one of the pillars of each coin's value isn't really working as advertised, is it time to sell them?
Source
Originally published at www.fool.com.



