The XRP is a cryptocurrency whose prices are driven more by actual economics that is part of demand and supply rather than mere speculation. This is what makes it stand apart from the rest. The bankers and financial institutions have been the majority of its users as it has been intended for them. It has been somewhat unavailable for the common user.
It’s, of course, a question that has crossed many minds as to whether RXP has in it what it takes to cross the $5 price or even stretch it so far to a $10 mark.
Ripple as an investment.
Cryptocurrency experts like fxstreet, express.co.uk, investingpr do believe that the XRP is a safe bet to make investments.
They opine that Ripple will create new benchmarks and new highs to better itself in the price game. This is very much possible because the scope for improvement is pretty high. Investors stand to gain manifolds because the current value of XRP is pretty low. If they were to buy it now and hold it for a long period, the potential of earning would be enormous.
A potential partnership with J.P Morgan?
Brad Garlinghouse, CEO of Ripple declared the presence of 15 executives of JP Morgan while delivering a talk on Ripple technologies in December last year. J.P Morgan intends to simplify its banking processes from introducing a new payment method to initiating transactions and reconciliation in the United States. This very much sounds like Ripple’s xRapid technology. If they were to collaborate with Ripple, it would have a significant effect on the value of the coin.
Ripple Real-World mantra
Ripple has been steady in adding preeminent clients and banks all over the world. This will not only increase its market cap but also its value significantly. Ripple has stood like a rock behind its banking and financial institutions by coming up with innovative systems. The keyword here is Mainstream adoption and real-world value which Ripple is doing very well in.
Its been proved time and time again, over the history of humankind that in order to survive and survive well, the old order has to make way for a new one. The old ways of banking and doing business must be phased out. The financial world must be willing to adjust and include faster payment systems in order to survive and maintain businesses.
The crypto market, like any other market, is all about risk and reward. Hence, traditional investors have shied away from the crypto. This is because they don’t want to take the risk because they perceive its just too high. The stakes on the crypto market are indeed fraught with peril and volatility. But this is the exact thing that makes it so much more exciting.
Will Ripple deliver the same high it once did at $3.84? The investors expect that Ripple will be making gains in its price as the number of companies using the Ripple protocol is increasing. Due to this, Ripple would indeed make its founders and investors richer in the future.