Ripple (XRP) firmly focused on becoming the preferred digital currency, right?



The prediction of virtual currency prices seems to be one of the biggest trends in recent times. Many cryptoanalysts and experts are looking to the future, hoping that their favorite digital token is the next big thing. Ripple (XRP) is among the virtual currencies that have received more attention and many are examining the possibilities of what could happen to this digital resource in the next five to ten years.

At the moment, Ripple (XRP)) is doing very well when it comes to market statistics, despite the low prices associated with it and many controversies that have surrounded the currency recently.

Still, fans of Ripple (XRP) continue to argue that the currency is worth investing at this time considering its low prices (compared to what it deserves).

Currently, an XRP exchange at $ 0.48902, but many experts agree that low prices are only temporary because the currency shows a lot of potentials to skyrocket in a short time.

This is not a far-fetched thing to expect, considering that Ripple (XRP) is still a very young virtual currency that has managed to develop rapidly by creating different products that have transformed it into -a, which is real for the institutions financial institutions and banks all over the world.

Their hope for Ripple (XRP)?

In December of last year, everything seemed perfectly "perfectly" with Ripple (XRP). Just like other virtual currencies, Ripple was sky-high and was quickly becoming one of the most significant digital tokens in the cryptography market. Indeed, Ripple (XRP) managed to overcome Ethereum, and many observers believed it would become the direct opponent of Bitcoin.

On a weekly basis, Ripple has appreciated about 12% as investors continue to reverse the two-month price slump that has been experienced. At present, investors are in charge and are positioned to be the biggest benefactors, thanks to the awakening of Bitcoin and Ethereum that carry prices from the main support line.

Many believe in Ripple and its potential to become the main currency of the future considering its rapid development since it first appeared in 2017. At that time, Ripple (XRP) had a price of $ 0.0064 USA per token, and in a short time reached US $ 0.8.

Before losing value at the beginning of this year, many enthusiasts of the crypt believed that Ripple (XRP) would have exceeded the US dollar sign by the end of 2018.

With the current situation I think it's safe to say this may not happen this year, but that does not reject Ripple (XRP) by ever reaching those heights and beyond. In fact, considering the enormous work done by Ripple, many believe that the crypto-currency has the potential to exceed the US dollar 9 expected once everything has stabilized. It is only a matter of time.

At the time of writing this article, Ripple (XRP) is one of the best gainers of the last seven days, recording bullish trends that saw the currency rise above the $ 0.45 mark. Tuesday evening, ripple prices rose sharply from $ 0.45 to exceed 0.5 US dollars in a few hours. The earnings of the day have seen Ripple increase the market capitalization to 20 billion US dollars, compared to about 18 billion dollars

For the latest news on cryptocurrency, subscribe to our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and / or its affiliates, employees, writers and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own in-depth research before investing in any cryptocurrency and read our complete disclaimer

Image courtesy of

[ad_2]Source link