Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

XRP’s price showcased waning bullish momentum this week.

However, the crypto community was piqued by Ripple’s Chief Technical officer David Schwartz’s comments on the upcoming launch of Automated Market Makers (AMMs), expressing skepticism about its effectiveness in reducing Ripple’s [XRP] volatility.

On the 26th of February, David took to X ( formerly Twitter), saying,

“There might be some trading strategies employed by humans today that make less sense with AMMs.”

He said that the AMM function might alter market participants’ present trading strategies.

“But in exchange, new strategies such as arbitraging against the DEX and bidding in the continuous auction are created.”

He also noted the possibility for volatility harvesting using AMM, remarking,

“While volatility harvesting does, at least in theory, reduce volatility, I don’t think AMMs on the XRPL DEX will cause a meaningful decrease in XRP price volatility any time soon.”

He stated that trade on the XRPL DEX pales when compared to XRP trading activity on centralized exchanges and other platforms, stating:

“DEX tr

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Author: AMBCrypto Team

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