Ripple XRP: The Sleeping Giant has awaken!
Good morning Steemit friends!
source:google images
Ever since I got into the stock market and cryptocurrencies, I love buying blue chip stocks and blue chip coins. That's why last April, I am buying those that are in the top of the coinmarket cap. Because as what I have known, these have the highest volumes and as well as developments.
Ripple is one of them. Just this day, since yesterday, the price surges upwards going up to 50% increase in price. It is because of the Chinese market opens its doors to Ripple technology. Even though it got back to its original position almost until the last hour of the day. You could never tell because this could be not a correction but just some profit taking because the volume upwards is in the top of the blockchain community rivaling the Bitcoin that almost goes over $1 Billion in volume being traded.
I am excited for XRP Ripple because it will be sure soon be adopted by banks and other remittance centers or even the unbanked people. Less fees, and a swifter transaction time because there will be no more bank-to-bank confirmations and transaction fees plus the AMLC surveillance.
I think it would shoot upward more especially August is almost ending too. September is the time that wealthy investors will go with Ripple and funds will boost its price.
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