Ripple has been in the news many times for testing the $1 mark. However, that surge is most likely to happen now than any other time. The truth is…
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: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.
It is also expected the trading volume to grow slightly in the New Year, of course, not as much as the popular cryptocurrencies Bitcoin and Ethereum but still, it is good news.
We can’t expect that each month of 2018 will be a blast for Ripple. Not every financial institution feels comfortable for its assets to be regulated by a cryptocurrency. But in the long run, XRP will likely prove to be a decent investment.
Are you looking for more information on XRP – and advice for buying the cryptocurrency? See more about Ripple
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]