SBI Exchange has opened its doors to the first 20,000 of its customers. And what an opening it was! Imagine what will happen when it opens its doors to its 4Million customers. SBI is the first bank powered crypto exchange and most importantly it will have XRP as its principal currency, not Bitcoin. That is the beginning, I believe of the eventual decoupling of XRP from BTC movements.
Yesterday, SBI Exchange launched and its first 20,000 customers had access to buying XRP. What happened was a 5 cent impact on its price merely by only a fraction of its customers having access to buying. What will happen when all of its customers have access is anyone's guess.
No wonder SBI Exchange's CEO Kitao mentioned that XRP target is $10 by the end of this year. You would believe that this guy knows something, right?