XRP 2018
XRP Is Set To Soar By December 2018
I've located one cryptocurrency that could explode in value by late 2018. Ripple , traded under the symbol XRP, is a real-time gross settlement, money exchange, and remittance network built on the blockchain. Widely recognized as the fastest and most scalable digital asset enabling global payments, Ripple has taken the banking world by storm.
The company behind Ripple, also called Ripple, has the goal of building on the decentralized digital currency pioneered by bitcoin and "to do for money what the internet has done for information." In other words, the goal is to set money free from institutional bureaucracies.
Interestingly, Ripple was not designed to compete with bitcoin. It was developed to compliment bitcoin. The Ripple network's purpose is to allow the seamless transfer of any currency, including bitcoin.
Sound like a libertarian's fantasy? Well, that is exactly what I thought when I first heard the concept. But a little research quickly revealed that Ripple is far from a fringe dream. Many of the world's top banks are implementing the Ripple protocol. The company has also gained investments from major venture capital groups like Andreessen Horowitz and Lightspeed Venture Partners. In other words, the big players are taking Ripple very seriously.
Speed, scalability, and stability set Ripple apart from other Blockchain projects. Payments that take days with traditional systems, an hour with bitcoin, or several minutes with ethereum can be completed in four seconds with Ripple.![]
Ripple currently handles 1,500 transactions per second, 24/7, with the ability to scale up even further.
Ripple has been channeling in the $0.17 to $0.20 range for the last several weeks. Based on current conditions, Ripple could easily be worth $1 within the next 52 weeks and $5 over the next several years. Some pundits are calling for $20-plus per Ripple, eventually.