It’s no secret that XRP is gaining a lot of attention in the crypto world. One of the reasons why Ripple has been so successful is that they have earned the trust of their customers. This is why Ripple has been able to maintain its position as the #3 cryptocurrency by market cap. We’re about to see XRP enter the top 3 for the first time, and if it does, it will shoot up to the position of #2.
Ripple, the cryptocurrency that powers XRP, is said to be one of the best cryptocurrencies on the market right now. Here is why: it has seen massive adoption from financial institutions all over the world, and XRP has a bright future ahead of it. In fact, Ripple is one of the few cryptocurrencies that is being utilized by a lot of companies, and people have started to realize the value of this cryptocurrency and what it has to offer as a payment option.
Cryptocurrency analyst and influencer Adam Back yesterday said that XRP is going to crush it this year. Back is most famous for co-founding and co-developing the Hashcash Proof-of-Work algorithm. One of the first successful Hashcash implementations in the late 1990s. (Crypto Twitter did a great job of shaming him for saying that XRP could crush it this year. Here’s a tweet from the @coindesk account: “He’s supposed to be an expert, but he just said XRP’s gonna crush it this year, a year too early!”). Read more about ripple announcement today and let us know what you think.Ben Armstrong, a prominent crypto-currency analyst, says XRP will explode by the end of this year.
Ben Armstrong is a crypto-influencer, analyst and investor who also runs a YouTube channel with over 1 million subscribers. He recently told viewers about the prospects of Ripple and XRP in a YouTube video.
Movements performed by Ripple:
Ripple has recently made a number of significant strategic moves, including. B. the appointment of former Mastercard employee Sandy Young as CEO in Europe, the company’s investment in Mintable’s growing NFT market, and its growing influence in the South American banking ecosystem. That’s according to a meeting between Brad Garlinghouse, CEO of Ripple, and the president of Brazil’s central bank.
Many senior employees attended the retreat, including Luis Sacco, CEO of Ripple Latin America, and Ben Lawsky, a member of Ripple’s board of directors.
In light of all of Ripple’s actions mentioned above, Ben stated that Ripple continues to take action.
Pulse and core banks
In particular, Ben highlighted Ripple’s role in the emerging financial system and said that Ripple knows what role it will play. He also referred to XRP as a centralized banking currency, as he further explained:
I’m getting rumors that central banks around the world are preparing to adopt XRP, yes to use XRP for their own purposes, once the SEC lawsuit is settled.
Ben presented a compelling case for XRP:
XRP is going to crush it this year, I am absolutely sure of it.
The fact that Ben holds a portion of his $10 million cryptocurrency portfolio in XRP is of great significance. Ben explained in the video:
I know my XRP portfolio is in a good place and (if you invest in it) yours could be too.The XRP market has been rather stagnant in recent months, with investors queuing up for updates on the company’s progress as it works on its new product, the Interledger Protocol (ILP). This is in stark contrast to some of the other major cryptocurrencies, which have seen huge gains in 2017. Ripple, for example, has seen an incredibly impressive rise in value since the beginning of the year, and now sits at a value of $3.56.. Read more about xrp news today and let us know what you think.
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