XRP or Ripple is a cryptocurrency a bit different from the others on the market and works in such a way that it can communicate with the traditional financial system, in this protocol banks and institutions can connect and make transactions between them is very similar to the Swift system , In XRP there is no type of mining and there are no new coins to generate, 100 billion coins were created and Ripple labs gradually release them into the market, having said all this, are you an XRP investor?
Are you a XRP investor?
- Thread starter riberet19
- Start date
I am no longer an XRP investor since Ripple got into legal trouble a few years ago, but XRP is one of the promising cryptos to be used as an investment instrument. Currently the price of XRP is $0.458, and reached a high of 3.842 in 2018.
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- #4
Well ripple is about to finish the judicial process against the SEC and it seems that it has everything to win it, if it won the price it could explode otherwise if it lost it the price would go very low.
Even though I didn't do an in-depth analysis of XRP, basically the price of XRP has increased since Jan1, 2023 from $0.339 and today is April 24, 2023 to $0.457 and according to my predictions until May 10, 2023 the price of XRP will not change much
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- #6
Maybe, these movements I remember that occurred because there were lights for the case of Ripple against the SEC that pointed out that Ripple was having an advantage, we will see what happens, I think that if Ripple wins the trial the price could double.
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- #8
We are talking about the XRP project man, not about how many losses cryptocurrency investors accumulate in their investments, this is a topic of Ripple's currency, let's stick to the topic please.
In as much as I love the XRP, I have not invested in this coin before.
