Ripple price predictions 2020 – the next big Cryptocurrency? – Ripple News
Ripple boasts of a large market cap and many investors are trying to figure out whether the Ripple can rise more in the remaining half of this year, 2018 to 2020.
Ripple fell from $ 4.5 but many cryptocurrency experts believe that it will be able to rise even higher than the price it came down from. Personally, i believe it is a fertile ground for mind-blowing investments.
Banks are also adding up as Ripple’s clients lately and many financial institutions are using the Ripple protocol in order to transfer money from one part of the world to another. With this, the Ripple will be able to increase its market cap and value most probably.
Many of the cryptocurrency experts believe that Ripple can end the year around more than times 10 of its current price as of today, the 23rd day of May, 2018. According to them, this is the reason why it is one of the best investment opportunities of this very year judging from the trending Ripple News.
The Ripple has been around since 2012 and has been 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’s original authors are Arthur Britto, David Schwartz, and Ryan Fugger. They formed the Ripple Company in 2012 and came up with the initial release. The stable release took place on 15th May 2018.
Its operating system are Server: GNU/Linux (RHEL, CentOS, Ubuntu), Windows, macOS (development only). The Ripple is written in C++ code.
German bank Fidor was the first to use the Ripple network to allow cross-border payments, in the first part of 2014. American institutions Cross River Bank and CBW Bank followed.
The Ripple has an associated cryptocurrency; the XRP, which has the power of liquidity as it is serving as a bridge between other means of payment, making the exchange more comfortable for all parties involved in a transaction.
Basing my argument on the current Ripple news, the XRP was the world’s third largest cryptocurrency by market cap of $24,482,756,958 as at the time of this publication. The first being Bitcoin (BTC,) at $135,167,891,633, and Ethereum in the second place with (ETH) at $62,334,650,039.
XRP is among the top 5 best cryptocurrencies so far and is also doing well in the crypto market. Ripple is a currency exchange and remittance network created by Ripple Labs Inc.