Ripple ( XRP ) Price is about to go $10 in the next 30 days, But How?
This all sounds like fiction story but it is not, let me explain you this all in some simple steps.
Ripple is making some good partnership with some big banks and these banks owned more than 80% of the total money in the world. If they all will start using the XRP for their transaction then the market cap of the XRP will be almost 5/10X.
Ripple (XRP) is one of the biggest digital currencies in the market so far. With a market cap over $16 billion, XRP enthusiasts and investors are trying to contemplate whether the coin will hit the $10 mark within the next three months.
Ripple/XRP price predictions 2019:
Most of the cryptocurrency experts believe that not only, Ripple will be able to reach new peaks and but also create new highs as well. That is why many of the cryptocurrency experts believe that it will be a good investment opportunity.
With the current market cap being as it is, the room for improvement is pretty high.
Ripple is consistently adding new clients. It is not just adding new clients but marquee name clients as well as banks all over the world. Moreover, many financial institutions are also using the Ripple protocol in order to transfer money from one part of the globe to another. This is the reason why Ripple is actually pretty undervalued currently. In the coming future, as it adds newer and newer clients to its structure, the Ripple will most probably be able to increase its market cap and value significantly.
Can XRP reach around $3 – 5 by the end of the year?
Keeping all of these factors in mind, many of the cryptocurrency experts from different sources like fxstreet, express.co.uk, investingpr believe that XRP can triple its value or reach around $3-$5 by the end of the year. They say this is the reason why it is one of the best investment opportunities of this year.
Thus, if you’re looking to invest in a cryptocurrency which can get you significant returns with minimal risks, XRP may be the perfect option for you because of its current low price according to the experts from fxstreet, express.co.uk, and investingpr. They say it will be a good idea to buy it at the current levels. This way most of the investors will be able to make a pretty good amount of earning if they were to hold it for a long period of time. Also, the management building the Ripple protocol seems to know what they’re doing which is an added advantage.
Meet Ripple/XRP, the world’s most practical financial network
What are we, as a society, if we aren’t able to build robust relationships based on trust? That, and honor should be in front of every social interaction involving human beings, including financial transactions.
As the world shifts towards a more digital, cryptography-protected way of doing business, traditional banking platforms are being slowly phased out the financial scope. Only those willing to adjust and include more efficient payment systems, which are both faster and safer, will be able to maintain in the business and survive.
The Ripple/XRP platform represents one of those innovative systems. While it has been around since 2012, it is still solidly backing up banking and financial institutions in their quest to provide more efficient and faster transactions that can be built around customers’ trust in each other and the network.
Ripple/XRP is a project based on small free software that pursues the development of a credit system based on the end-to-end paradigm. Each Ripple/XRP node functions as a local exchange system, in such a way that the entire network forms a decentralized mutual bank.
In other words, the Ripple/XRP platform is a distributed social service based on the honor and trust of existing people in real-world social networks. In this way, financial capital is based on social capital. A reduced version of the Ripple network would consist of an extension of the existing hierarchical banking system.
The XRP powered payments processor xRapid is now live and saving many individuals, businesses and banks real money. The ever-expanding list of companies joining Ripple are making real savings in real time. And that is the point here, Ripples XRP coin solve’s real-world problems, transaction time and above all else, saving money.
At the moment xRapid is servicing a small number of customers with a relatively low transaction volume. However, once the volume and customer base increases exponentially then we will see some seismic shifts in XRP coins value. When you analyze the potential of all of this, add in a little intelligence, you can make a reasonable Ripple price prediction for 2019.
Ripple/XRP: an exciting, feature-rich network
To understand Ripple/XRP’s place in the crypto universe, we have to value its contributions to the industry. In addition to being one of the most renowned digital tokens out there – even competing for the second spot in market share, behind Bitcoin, with options such as Dash, Litecoin, and Ethereum – it is also one of the most efficient payment networks for financial transactions in the planet.
The Ripple/XRP technology is, in fact, more widely known for its digital payment protocol than for being a cryptocurrency. Since being co-founded by Chris Larsen and Jed McCaleb in 2012, it has flourished, reaching worldwide recognition and market success via the digital coin, the XRP.
Ripple/XRP functions in a decentralized platform that fosters money transfers in any form. It is open source and peer to peer, and can work with several exchanges and currencies, physical or crypto, such as US dollars, Yen, Litecoin, and Bitcoin.
To work correctly, Ripple/XRP implements the Gateway medium, which serves as the link in the trust chain between two parties wanting to make a transaction. Gateway is the credit intermediary, the one in charge of receiving the funds to public addresses managed within the Ripple/XRP platform. In Ripple, anyone can sign up and open a gateway that authorizes that person to be the middleman for exchanging currencies.
The XRP (Ripple) is the associated cryptocurrency of the platform. It performs the part of a bridge currency to other tokens without discriminating between fiat and crypto, facilitating exchanges between different coins.
According to Ripple’s chief cryptographer, David Schwartz, the payment systems of today are where the email was in the early ’80s. Every provider built their system for their customers, and if people used different ones, they couldn’t easily interact with each other. The purpose of Ripple is enabling the connection of different payment systems together.
Get to know Ripple’s benefits
The consensus ledger that the Ripple system implements is versatile and fast enough that each day, more and more banks and financial institutions are adopting it as their preferred way to perform their business operations.
Ripple provides an improvement on the traditional way that banks use to work. The transactions are completed, settled and registered in a matter of seconds despite the high amount of traffic that the platform experiences everyday. That is a vast improvement over, say, the Bitcoin system, which takes an average of ten minutes to complete an operation.
Traditional banks and financial institutions can take days, or even weeks, to perform a wire transfer, and let’s face it, that delay isn’t going to cut it in our current financial reality. On top of all that, the transaction fees in Ripple are almost non-existent: the minimum is 0.00001 XRP. That’s nothing if you compare it to the costs of a cross-border payment.
Ripple/XRP Price Prediction in 10 Years
Ripple’s 10 year projection: success!
After a down period recently, Ripple/XRP’s value is starting to go up again. This may be your last chance to buy on the cheap! Experts agree upon the notion that, given the network’s popularity, well-built platform, worldwide investing interests and penetration in the media and mainstream society, Ripple/XRP is bound to grow in the short, medium, and long-term.
You may see the figure and may think that is not a lot, but consider that it is currently at less than a dollar: that would be more than ten times its actual price! Imagine how much money could be made with high volume investments.
Based on current projections, most people within the business agree that Ripple/XRP’s value can go up to the $200-$300 range in ten years. It is in the company’s best interest if the price continues to rise, because it will make XRP less volatile.
In conclusion, not only is Ripple/XRP one of the most relevant payment and exchange networks in the industry but also, it is one a prominent cryptocurrency in a world full of them. That is not the interesting fact about it: the XRP is trending up, and has tons of room to grow!
Pundits and cryptocurrency experts point at Ripple when they are asked about the digital tokens with the most potential for 2019 and beyond. After Bitcoin, which is the industry’s leader, there is no clear-cut second placeholder. Maybe, we are starting to experience the rise and consolidation of Ripple.