Ripple price prediction 2018 XRP- USD: Should you invest now?

in #ripple6 years ago (edited)

A Quick Introduction To Ripple

Ripple is one of the best performing and one of the most popular crypto currency. It's because Ripple is more of a protocol rather than a typical cryptocurrency.

Current Ripple Price

When this post created Ripple was standing as 0.816 USD.

ripple.JPG

The platform of Ripple represents one of the most innovative network system. Although it has been introduced since 2012, but still it is solidly backing up banking and financial institutions in their quest to provide more efficient and faster transactions that can be built around customers’ trust in each other and the network.

Ripple Price Prediction

Ripple has many more growth factors, but meteoric rises like those seen at the end of 2017 will naturally be few and far between, and it’s safe to assume that the price changes will settle into more sustainable ranges. This is especially likely for a coin like Ripple which can benefit from price stability.

With its large supply, and currently due to it's limited use, investors will want to be wary of readjustments following price rises. This is especially true for a coin like Ripple that benefits from stable pricing, and is designed more for corporate use than individual use.

Before buying Ripple, find out how it works (finder.com/ripple) and decide whether you’re in it for the long haul or a quick buck. This can help inform your decision-making going forwards.

Short term Investment:

You’ll naturally want to take care to buy low. It’s also worth paying attention to upcoming hype. Ripple’s becoming a household name so getting ahead of the news can pay off.

Long term Investment:

You’ll need to pay close attention to the features and current applications of Ripple, and ask yourself some big questions about the future of the global economy. Also you can pay attention to Ripple’s rival sister coin, the Stellar Lumen.

Only 55 billion Ripple coins for Use

Despite a total supply of 100 billion coins, the Ripple team has put 55 billion XRP in escrow. These are held in place by a smart contract which releases 1 billion XRP per month over 55 months. Any unused amount will be put to the back of the queue, for release in month 56, 57 and so on. It's makes Ripple so unique and that's the reason some people call it as "Banker's Currency"

Unlike everyday inflation, the release of these might be good news for prices. This is because they’re released to Ripple partners and other affiliates to help get them involved, let them test drive Ripple and start using it with low costs.

So rather than going to the exchanges, newly released XRP is being used to grow the its use. It’s worth keeping this in mind.

Ripple’s partnerships

Ripple is extensively designed to facilitate super fast international transfers as a settlement layer. Essentially, it lets people make international money transfers much faster and with minimal fees.

Also we have heard some non-official announcements of Ripple's partnership.

As per Me Now due to it's less price and future growth it's a good time to invest in Ripple

Source: https://smartereum.com/2471/ripple-price-prediction-2018-xrp-usd-invest-now-ripple-sun-may-06/

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Hi... @dev1993 great analysis, surely this post will people who want to know RIPPLE in brife

thanks arjun

Bad idea didnt ripple just get hacked yesterday?

That doesn't mean that we should not invest. Any crypto can be hacked.

True not what I meant by that. Just meant price will go down before it goes up due to less confidence in the coin.

This post has received a 0.18 % upvote from @drotto thanks to: @dev1993.

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