The XRP could eventually become the most important cryptocurrency in the world: Weiss's Cryptocurrency ratings

The recent roller coaster movement on the roller coaster market has left many users and owners bewildered, with twenty-two nineteen that have started to rise on a bullish rise and are currently witnessing a sideways price movement. The time period also saw Ethereum [ETH] and the positions of the XRP switches to become the second and third largest cryptocurrencies on the cryptocurrency charts, respectively.

The XRP community has been one of the most active participants in cryptographic space and has always maintained a positive and positive attitude about the present and future of cryptocurrency. This morality was increased when Weiss Cryptocurrency ratings recently published a post stating that XRP could become the number one cryptocurrency in 2019. The report said:

"Ripple's XRP, in particular, aims to destroy SWIFT, the gigantic global banking system, and if it succeeds in eliminating SWIFT's market share and even replacing it in some areas, there is the possibility that XRP will eventually become the world's number one cryptocurrant. "

Weiss's prediction comes on the basis of reports citing more links between XRP and consolidated financial institutions, as well as several lists. This included the XRP margin trading structure launched by Kraken. The exchange declared:

"Note that BCH and XRP are not collateral, which means that margin positions can not be opened with respect to the value of the BCH or XRP balances, which is why it is necessary to maintain adequate balances of other collateral currencies to maintain marginal positions. . "

Another prediction made by the body was mostly oriented towards Bitcoin, claiming that in the new year Bitcoin will increasingly be used as a store of value. Weiss's report emphasized qualities such as high portability and the ability to compete with gold as a standard value. Recently this request was supported by Lou Kerner when he stated that Bitcoin is becoming a respectable reserve of value. In his words:

"Gold is currently a $ 8 trillion asset, while Bitcoin is a $ 60 billion asset, and in my opinion the value of Bitcoin can go up 100 times and ensure that the digital asset field does a long walk ".

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Engineering graduate, crypto and arsenal fan. He is fascinated by technology and all its wonders. Strictly against the pineapple on the pizza.