In the present article, we are going to share all the latest news and information related to Ripple (XRP) coin. We will also suggest the investment strategies and will give you statistics where you can invest your money to get the best returns and good profits at reasonable rates. We have also shared the Ripple Price Prediction 2020 and 2021 that will help you in taking decision for investments.
Ripple (XRP) Forecast:
Present situation of Ripple Coin
Recently, the world market has seen the price surge of Ripple which is in the crypto race. So called and known as Baby Bitcoin-Ripple Coin recently has seen a flight rise of more 35,000% to $2.3 USD and then again raising 67% to the all-time high @ $3.84 USD. This has not only made many investors profitable but to few many, this rise has made Millionaires and Billionaires. Yes, Ripple’s Co-Founder Chris Larsen is now on the top richest men’s list of America.
He not only managed to be one of the richest, but also stood above the Social media giant Facebook’s CEO, Mark Zuckerburg. This is due to the surge in the prices of Ripple coin having the market capitalization of $118,930,336,855 USD according to CoinMarketCap on late Saturday. At present the coin is leading on the 2nd position on the list of cryptocurrencies and now investors are eyeing on Ripple as the next Bitcoin.
Why Ripple is going down?
Now it’s time to talk about present situation after analysis and to answer those who are thinking why ripple is going down? Then according to latest reports, Coinmarketcap recently decided to exclude korean prices thus investors are thinking that other peoples have started to sell out their XRP and shifting to other coins. Actually some people started panicking and they are selling and they are also talking that big banks have only adopted technology used by Ripple not ripple coin itself so it is obvious that whenever banks start to transact in XRP coin then it price of the ripple will be skyrocketing.
Ripple (XRP) Price Today:
Growth of Ripple (XRP) Coin
Based on Blockchain Technology, Ripple coin is a payment network that transacts money’s value digitally from one place to other, including cross border payments within a couple of seconds or at the max a minute. The coin also rose because of the series of investors planning to invest in the coin and banks working on the Ripple system to accept as a mode of payment.
Last year in October, the company announced that there are more than 100 companies, financial institutions (to be precise) are going to use Ripple’s payment network and are using the network is some ways. These named institutions are such as Bank of Tokyo-Mitsubishi UFJ, Mizhuho, Credit Agrocole, Nordic bank and others. The digital currency company, in November-2017, also added that American Express FX international payments and Santander will be using the digital currency’s network in near future for the cross border payments from US to UK. At present various banks from Japan and South Korea are under the checking process of Ripple network system for cross border payments.
From the above stats. we can imagine the potential of Ripple coin, the company and its future.
Investors in Ripple (XRP) Coin
There are series of investors that are joining hands with Ripple coin and investing in it. These investors includes Accenture, Andreessen Horowitz, CME Ventures, Core Innovation Capital, Google Ventures, Santander Innoventures, SBI Group, Digital Ventures, Seagate, Standard Chartered and the list goes on and on. Hence we suggest our readers if they are willing to invest somewhere then buying XRP is the best call. Even to the beginners in the digital world of currencies we would suggest them to buy and hodl XRP and see the wonders the coin shows to the world.
Apart from this recently in ab interview, CEO of Ripple said that XRP is thousand times faster and cheaper then bitcoin so that it took about 3 seconds for every transactions to get confirmed whereas in BTC, it takes hours. Most of the banks have shown positive sign towards ripple for future transactions due to same reason so we made XRP Price Prediction based on these factors and also from crypto experts opinions for upcoming years.
Ripple Coin Price Prediction
As we have already discussed a lot about Ripple (XRP) coin and so let’s discuss about what will be the future of Ripple coin. Being a long investor it is very much obvious to be a calculative analyst. Hence let us go to the calculative part and see Ripple Price Prediction for 2020 and 2021. Hereby I will be sharing my decisions of investments related to Ripple coin. So here are the XRP price prediction for various years.
1st Possibility Ripple Coin Price Prediction
We as readers always see various coin listing websites such as Coinmarketcap and others on the basis of such website we tend to invest in cryptocurrencies. But my view point is little different. In fact I would suggest all the investors this is the right time to invest in Ripple coin as the market is down.
I feel that Ripple coin is going will rise in the short run. There may be mixed views as to why Ripple is going down? Or Will it rise back or not? But don’t worry it will. Reason behind it is because most of the banks and financial institutions are now accepting and adopting their technology network used in Ripple and so the token prices will rise in the near future.
I expect Ripple (XRP) coin to reach at $1.21 USD with the circulating coin supply of 38,739,145,924 XRP token. This will increase the market capitalization to $12.43 billion in end of the year 2020.
2nd Possibility Ripple Coin Price Prediction
Readers may feel the figures to high but these are realistic figures and as there is a huge supply of tokens have resulted in less value of XRP coins. Again in the year 2020, there will be many new ventures XRP is expected to enter into. This is surely going to help Ripple coin gain the value in actual terms.
In short I expect the figures to get 2.5x of 2018. Meaning in 2020, XRP token will be $8.025 and the market capital will be at $31.08 billion US Dollars.
3rd Possibility Ripple Price Prediction
I expect 2020 a magical year where the crypto market will reach to its all-time high. You believe it or not but I strongly believe that by the end of 2020 XRP will reach to around $5.79 with the supply tokens 38,739,145,924. Hence Ripple will have a lifetime high market capital of $88.28 billion dollars.
Other Altcoin Price Prediction
Most of the cryptocurrency investors that are experienced in the market believe that Ripple has much potential and will capture the market in next few years. Ignoring the critics part, Ripple will be the new altcoin that may beat Bitcoin by 2030.