Well Bitcoin is the mother of all Cryptocurrency but it still is far away from being used as a currency in real world, on the other hand, Ripple is very close to being used in the real world which is the main reason why it price rose more than 10 times in just over a months time.
American Express and U.K. Santander bank have tied up with Ripple for hastening cross border payments between U.S and U.K. Besides Japan bank Consotium started testing the use of Ripple which brings the block chain technology a step closer to the real world, so is the reason for the surge in the price of XRP.
Of all the cryptocurrency, the Ripple technology is more bound to change the way cross border payments are to be made which makes it a very hot cryptocurrency to have in your portfolio. If you believe in the rise of Bitcoin than it would be prudent to keep at least few XRP ( Ripple ) in you holdings. Who knows it may be the next Bitcoin in making.
Another reason why Ripple price is rising recently also is because of rumors of it being listed on coinbase. Crypto listing on coinbase literally, doubles or triples in mere a month or two. SO all the right reasons to hold XRP or Ripple in your portfolio.
P.S : I am not expecting Ripple to hit 10,000 dollars but may be 15-100 dollars is pretty realistic. XRP just hit 3 dollars when I am posting this article on my blog. Hope by next year this time XRP price will rise 10 X from here.
Thank you for reading my post , please share if you like it.
American Express and U.K. Santander bank have tied up with Ripple for hastening cross border payments between U.S and U.K. Besides Japan bank Consotium started testing the use of Ripple which brings the block chain technology a step closer to the real world, so is the reason for the surge in the price of XRP.
Of all the cryptocurrency, the Ripple technology is more bound to change the way cross border payments are to be made which makes it a very hot cryptocurrency to have in your portfolio. If you believe in the rise of Bitcoin than it would be prudent to keep at least few XRP ( Ripple ) in you holdings. Who knows it may be the next Bitcoin in making.
Another reason why Ripple price is rising recently also is because of rumors of it being listed on coinbase. Crypto listing on coinbase literally, doubles or triples in mere a month or two. SO all the right reasons to hold XRP or Ripple in your portfolio.
P.S : I am not expecting Ripple to hit 10,000 dollars but may be 15-100 dollars is pretty realistic. XRP just hit 3 dollars when I am posting this article on my blog. Hope by next year this time XRP price will rise 10 X from here.
Thank you for reading my post , please share if you like it.
