XRP forecast: Evernorth lists 473 million XRP on the Nasdaq, the price has not moved since Monday

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Since Monday, Evernorth has been the largest listed XRP treasury on the Nasdaq, holding 473 million tokens. The price stands at $1.34 all the same. Why that is, and what investors in Germany need to watch on tax.XRP trades at $1.34 on Friday midday. The price has gained 2.7 percent over the past 24 hours, market capitalisation stands at $84.5 billion and ranks fifth among all cryptocurrencies (CoinGecko, as of October 16, 12:46 UTC). The real event of this week, though, sits on a balance sheet: since Monday, Evernorth, the largest listed XRP treasury in the world, has traded on the Nasdaq, and it holds 473 million XRP. Practically nothing has moved in the price since. That is the question this article turns on: why does a price stand still when a company holding hundreds of millions of tokens goes public? The answer lies in the mechanics of the structure, and for investors in Germany it has a tax side that most reports leave out. Where the price can point over a horizon of month...