RIPPLE (XRP), The cryptocurrency revelation of the year 2018?

in #news6 years ago

RIPPLE (XRP), The cryptocurrency revelation of the year 2018?

As can be seen in the following link: https://coinmarketcap.com/historical/20171205/, for December 5, 2017, the Ripple cryptocurrency (XRP) presented the following data:

Market Capitalization: $ 9,730,479,227
Price in dollars: $ 0.251389
Units in circulation: 38,706,833,272
Volume in 24 hours: $ 116,503,011
Position in the ranking: 4

Now, for today, December 6, 2018, one year later, XRP presents the following data:

Market Capitalization: $ 13,548,867,040
Price in dollars: $ 0.335972
Units in circulation: 40,327,341,704 XRP
Volume in 24 hours: $ 393,472,045
Position in the ranking: 2

Making a comparison of the data on both dates, it is inferred that this cryptocurrency has not stopped increasing its value, so much so, that even in the current gray landscape of the majority of the cryptocurrency market, Ripple has established positive aspects in various variables. Such is the case that in a year has risen percentage in the following areas: in market capitalization has risen approximately 39.2%, in its price has risen 34.4%, in the volume in a period of 24 hours has increased by 237.7%

In this superficial technical analysis, it can be observed that statistically the positive value of XRP has no doubt, it presents a great moment. However, in the fundamental analysis, there are also positive elements that confirm this phenomenon of Ripple (XRP). Such is the case, for example, of the company R3 which recently announced that XRP will be the first compatible cryptocurrency on its platforms. Why is this massive adoption of Ripple (XRP) by various actors? Opinions are read. :) Thanks for your attention.

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