Ripple is stable and is successfully dodging the bubble talk that all the other cryptocurrencies have got caught up. This year has been great for Ripple as the third largest cryptocurrency has gained some attention in the cryptocurrency world. Ripple uses the good old blockchain technology such as other cryptocurrencies with one big difference: Ripple wants to regulate and facilitate fund transfers for financial institutions. In the first half of 2017, it has reached a stunning 4000 percent grow and its market cap is worth $7 billion.
As far as the price predictions are concerned, we may expect a slight increase in the price at least crossing the $2 border. We have seen some decent developments and increased interest in this currency. We’ve seen Ripple being at 60 to 80 cents and then going to $3.8 price region. When the news hit about South Korea banning cryptocurrencies it’s understandable why all cryptocurrencies went down. But Ripple can easily go up to $4 since some of the greatest crypto players withdrew a stunning 600 billion USD and they are now expected to get back to the market. If they come back into the game, the price can even go much higher than 4 Dollars. Its superior technology is a great candidate for replacing the SWIFT system so if that happens Ripple can jump as close as 7 dollars.
Furthermore, if Ripple stays true to its promises on scalability, low transaction costs and speed we can sure expect the price to rise. We don’t believe that extreme, a sudden jump in price will be healthy for this cryptocurrency but keeping a steady course and slowly development will bring the desired results.
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