Cryptocurrency is risky security to invest in. There are many reasons I’m saying that. One of the major ones is volatility. Although, the risk can be minimized by completely knowing about and around the crypto you’re going to put your money in. XRP is an interesting digital currency with lots of future potentials. Read this article to know what XRP is, what is its purpose, and what is its future (XRP Price Prediction)
Let’s get straight into it…
What is XRP?
- XRP is the native coin on RippleNet, which is by the way a digital payment platform.
- It was all started in 2004, but the actual work started in 2012.
- The token was created to pair scalability with cost-friendly transactions.
- RippleNet is a Real-Time Gross Settlement System (RTGS) o which you could enable online transactions through any digital coin.
XRP Price Prediction
At the time of writing this article, XRP is trading around $0.871. It ranks #7 in the ranking of top digital coins holding 2.43% of the market with a market cap of 3.1 Billion USD.
- Wallet Investor says that an initial investment of $100 at this moment can become a sum of $288.4, a whopping 190% surge in the next five years.
- Digital Coin Price forecasts XRP would trade around $1.41 by the end of this year. Its analysis is optimistic about token’s growth in the future. It says by the year 2025, the coin may stand at $2.74.
- XRP may trade between $1.9-0.60 range during the course of remaining of the year, says Cryptonewz.
Future of XRP
The future of XRP is as bright as the sun but it can as dark as doom. These XRP price predictions predict a good future for the token but we never know the future. Hence, it is always advised to take these predictions with a grain of salt. Be informed and invest safely.
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