Ripple Promises Higher Degree of Accuracy in XRP Volume and Sales Reporting

Cointelegraph

Published Jun 05, 2019 06:50AM ET

Updated Jun 05, 2019 07:03AM ET

Ripple Promises Higher Degree of Accuracy in XRP Volume and Sales Reporting

Ripple, the company behind settlement-oriented crypto asset XRP, promised a higher degree of accuracy for XRP volumes and sales in a post published on June 3.

In its announcement, Ripple cites recent reports about fake cryptocurrency trading volumes, such as the one recently released by United States-based asset manager Bitwise, which claims that 95% of bitcoin (BTC) trading volume is fake. However, a new report by Bitwise also claims that fake trading volumes by crypto exchanges do not impact bitcoin’s price.

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