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Ripple (XRP) is one of the largest digital currencies on the market so far. With a market capitalization of $ 10.38 billion, XRP enthusiasts and investors are trying to figure out if the currency will reach $ 10 within the next three months.
The partnership with XRP with JP Morgan
In December 2017, XRP CEO – Brad Garlinghouse – recognized the presence of 15 executives of JP Morgan at a conference organized for XRP inventions. At that point, the price of XRP was higher than the value of $ 1 for the very first time ever.
Since then, XRP investors, enthusiasts and the media have become concerned about the likelihood of a potential collaboration between XRP and JP Morgan. [19659005] XRP (XRP) Price today – XRP / USD
The probable influence of the partnership
The partnership will greatly influence the price of XRP as xRapid aspects of XRP will attract the attention of the financial giant institution all over the world. Recently, the Treasury Department of JP Morgan also said that they were developing a real-time payment system, which will bring "cascading benefits" to its customers.
This demand has raised expectations for XRP investors and enthusiasts, but is JP Morgan ready for a partnership with XRP?
In the press release aired a week ago, an insider's narrative made it clear that both companies wanted to work together soon. According to the narrative, the establishments were holding high-table negotiations and consultations with news of the projected collaboration to hit the headlines when it was released.
XRP – Distributed Ledger Distributed Preferred Technology
XRP inventions are recognized as being bank friendly, and the company has experienced a broad adoption of its recent xCurrent system from over a hundred second banks his CEO. J.P Morgan is about to use a new payment system in the United States with the intention of simplifying the processes from the start of transactions up to reconciliation.
This plan corresponds well to the invention of XRPid. Now that XRP's inventions have been recognized as friendly to the bank, the chances that JP Morgan will soon reach an agreement with XRP are so high.
This makes us believe that XRP will reach $ 10 by the end of 2018 due to the high transaction volumes and its inflatable market cap.
