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Ripple XRP is the third largest cryptocurrency by Sunday ranking. But its high supply and a host of other factors will continue to be at the core of its struggle as it enters a new year.
Rise and fall of XRP
Like all major cryptocurrencies, the XRP enjoyed reaching $ 3.65 in early 2018. As with every cryptocurrency, this situation did not last long and the decline was much harsher than usual.
Ripple XRP has lost more than 90% of its value over the past time. That makes it one of the worst performing currencies of 2019.
According to InvestingHaven, all the current momentum surrounding Ripple's XRP is actually a good sign. They see this as a” wrangling in adoption “and say XRP owners” can expect a rise before March 2020."
3 problems Ripple XRP will face in 2020
Yet despite strong supporters and praise from analysts about social rights, the XRP is expected to face a number of problems next year. Here are three problems:
Probably the biggest challenge XRP owners have to face is that money is constantly being dumped, rather than getting the media attention surrounding these events. Co-founder Jed McCaleb, with an undisclosed settlement with R3, notes that this remains at the mercy of the big money holders in XRP.
XRP price depression
With investor confidence declining as the trickle continues, with the XRP reaching a 2-year low (a 16% drop in 48 hours), it's hard to see any signs of a rise at the moment. Could ripple's money be as silver as Litceoin in 2002?
Increased Competition From CBDCs
2020 is already seen as a racing year of sovereign digital currencies and bank-issued stable currencies. With rising competition from China to the Marshall Islands, more and more countries are interested in launching their own digital currencies. Banks such as Facebook and JPMorgan are all in this circle, and XRP will have to tackle challenges to become a cross-border payment solution in 2020.
Source : https://kointimes.net/ripple-xrp-nin...acagi-3-sorun/
Cryptocurrency market is booming very rapidly as a lot of people are looking forward to invest in ripple.
Several crypto experts predicts ripple price prediction that ripple price will go high in the upcoming years and it is safe to invest.
What's your take on ripple price prediction?
This thread is created to discuss Ripple Crypto-currency
I've just finished my last article for Monetize.info magazine: 2018 Ripple price prediction
There is one cryptocurrency which lately took the cryptocurrency top, in force, rising spot after spot, now being on the 2nd place by the market capitalization, after having a 450% rise in the month of December 2017.
Ripple is set to disrupt the banking industry in an unprecedented way. The goal of Ripple is to be a global settlement network, a platform to allow anyone to transfer money in any currency to any currency in a matter of seconds.
Ripple is showing plenty of promise. Regardless, similar to other digital coins, its price has been experiencing some volatility, though nothing compared to what Bitcoin has been going through lately.
The future of Ripple depends entirely on the adoption of the platform by banks and that’s where the focus of the people behind Ripple inevitably needs to be. As more banks join the network, the price of XRP will probably skyrocket, driving more people to the coin and enticing banks to join the platform.
Read more: https://monetize.info/ripple-price-prediction-for-2018
Follow us: @monetizeinfo on Twitter | monetize on Facebook
So heres the thing... A new company started called rippln. Its free, its cool and yet not opened to the public! What do i mean by that? You can join only if you are invited by someone whos already a member. Imagine being the first in your town or country joining rippln! :wink:
What is Rippln:
A cool new website and soon an app, which is free to join and simply by sharing apps, sites, ebooks etc you earn money
Want to join? :cool:
Follow the next steps:
Step 1: register
as I told you before, to register to rippln you have to get invited by someone who is already a member
So sent me you email at [email protected] . Later you will receive your invitation code from Rippln.
Step 2: Complete your registry
Go to your mailbox and find the email from rippln. Then go to the site www.startmyripple.com and enter your invitation code. Fill the registry form and there it is! Your ripple is ready.
Step 3: Explore the site
Make sure to watch the videos! It is good to make a good start and to do this you must gather as much information as you can from the cideos provited in your account
Step 4: Invite your own people
Remeber! It is very easy to invite people to your group and thats because its free and the only requirements you need to join is your email, name, surname.
Follow those steps and start your own rippln! For any extra information go to www.startmyripple.com
Share and get paid!! :wink:
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