Is Ripple about to become REALLY Big?
There has been plenty of talk about XRP / Ripple in recent weeks as it reaches its 5 year anniversary of existence. Despite the large number of XRP in circulation, the demand and discussion around it are rapidly increasing and the price is starting to reflect that. In the last couple of weeks we've seen a 5X plus increase in price, a pullback / correction and another run appearing to start now.
There has been a lot of great communications and publications from the company itself, and some interesting discussion around companies like Amazon potentially interested in using it. Its now available to trade on 50 exchanges as per the below article and the question is, in a challenging week for Bitcoin and a couple of the other major players, how much can Ripple capitalise on the momentum it currently has? I think there is still opportunity for people to get in now whilst its still cheap compared to some of the expected price predictions.
https://ripple.com/insights/xrp-now-available-on-50-exchanges-worldwide/
I don't like Ripple because the banks control it and one of my favorite parts of crypto is it fights the banks control.
From what I remember Ripple has not even released the entire supply. As more Ripple is released the value of each Ripple, theoretically, should drop as their share is diluted.
I think 2018 will be a great year for ripple, especially as more people get into crypto investing. It has all the necessary partnerships to legitimize itself in the eyes of new investors and also has some of the best tech of any blockchain company
Ripples supply is too big and is more centralized than most coins. The future growth potential is stunted than a lot of other altcoins.
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