Pro-Ripple Analyst Shutdowns the “XRP Has No Utility” Argument
Main Idea
Pro-Ripple attorney Bill Morgan refutes claims that XRP has no utility by highlighting Wellgistics Health's use of the token in its operations and future plans.
Key Points
1. Bill Morgan disputes the claim that XRP lacks utility by referencing Wellgistics Health's SEC filing.
2. Wellgistics Health, a health-tech company, plans to integrate XRP into its operations, including payments and potential equity or debt securities issuance.
3. The company intends to use proceeds from securities to purchase more XRP tokens.
4. Morgan emphasizes the broader significance of Wellgistics' use of XRP as evidence of its utility.
Description
Pro-Crypto attorney Bill Morgan is shutting down claims that Ripple’s native token XRP, the 3rd-largest crypto by market cap, has no use case.
$XRP
$2.9143
+5.36%
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