The sky’s the limit for Ripple XRP!
There’s no stopping Ripple XRP! I said earlier this week that this cryptocurrency is going to gather momentum and its price will likely reach the key threshold of $1,00 by year-end.
Then on Wednesday, XRP regained the ranking of second largest cryptocurrency in the world by market capitalisation, taking over from Ethereum.
Last week XRP achieved a 100 per cent gain, and although other major digital currencies are also performing well, the crypto excitement currently belongs to XRP.
It’s my view that although, on the whole, the crypto market will be predominantly bullish between now and the end of the year, it will be XRP that will gather the most momentum during this time.
Indeed, as I was quoted as saying by Forbes, Global Banking and Finance Review and Business Cloud, amongst other media, because of XRP’s unique features, technologies and problem-solving abilities, it’s this cryptocurrency that will gain more traction than many of its crypto rivals.
These unique features allow Ripple XRP to assist businesses, such as real estate and technology companies to save money and enjoy faster, more secure transactions.
Furthermore, this is the reason why hundreds of financial institutions throughout the world are already utilising XRP, which is a tendency I believe will grow exponentially.
We’ve seen XRP placing itself to become a prominent international facilitator of global remittances and inflows. Of course, this is a massive market in the growing emerging economies of Latin America, Asia and Africa.
I’ve said it before and I’ll say it again. Cryptocurrencies are the future of money and, as we can see, XRP is proving to be one of the most useful cryptocurrencies for businesses, organisations and individuals.
The use of XRP will rise, which will have a positive impact on its price. I am of the opinion that this cryptocurrency will hit the $1.00 mark before the end of 2018 and could even double in a year’s time as the adoption and usage of XRP skyrockets.
As the world moves away from fiat money over the next few years, we can expect to see XRP becoming the heavy hitter of the crypto-verse.