XRP donations take flight when payment services such as Tip Bot, Coil become important


XRP, the cryptocurrency that was built by the blockchain company, Ripple and now in third place on CoinMarketCap has recently had several major events in its ecosystem. Some of the highlights were the approval of the XRP Tip Bot app by Apple and Google stores, the launch of xRapid for commercial use and the Ripple financial report for the third quarter, among others.

This week, a third-party search analyzed the intrinsic price of XRP at $ 1.75, which is over 200% at the potential rise of the cryptocurrency. In the same report, it was also mentioned that the seemingly false representation of XRP as Ripple can hamper the success of the ecosystem and is a current risk for its progress. However, he eliminated the charges that call XRP a centralized ecosystem.

Recently it has also been reported that around 21,000 XRPs have been donated to a hospital called St. Jude Children's Research Hospital via Tip Bot and Coil. Speaking of which, the creator of Tip Bot, Wietse Wind wrote:

"Thank you for all your efforts and support @kingblue_XRP & #XRPCommunity – And touch @StJude keeping an open mind, being one of the first charitable organizations to publicly accept XRP $ donations"

Yesterday, another success for XRP was when the Canadian cryptocurrency platform now living in over 60 countries announced its support for cryptocurrency. He said around 20 pairs of XRPs will be listed on the user exchange. Some of the legal currencies that would be matched to the XRP on the exchange were referred to as USD, CAD, EUR, GBP and JPY.

Subscribe to the AMBCrypto newsletter

Follow us on Telegram | chirping | Facebook

Priyamvada Singh

Priyamvada is a full-time journalist at AMBCrypto. A graduate in journalism and communication at Manipal University, she believes that blockchain technology is a revolutionary tool for advancing the future. Currently it has no value in cryptocurrencies.

[ad_2]Source link