Although its value right now is lower than other known cryptocurrencies, the Ripple (XRP). That has undergone a meteoric rise in recent weeks, so much so that it has become the second most capitalized currency only behind the still almighty Bitcoin. And surpassing the Ethereum is also having an impressive rise in its value in the quest to exceed the $ 1000 value line.
Ripple (XRP) becomes the new star of cryptocurrencies just behind Bitcoin
Ripple began the month of December with a value of only 0.20 € per coin and at this time of writing this article is already around 3.17 €, an investment. That has had a spectacular rise that will have allowed to earn a lot of money to the most clever of this unique market. With this increase, XRP has improved all expectations of 2018, since the most optimistic predicted a rise to 2 dollars before the end of 2018.
I imagine that the obvious question now is whether it is worth investing in this currency to try to repeat the feat. For my part, I can only warn you that participating in this type of market carries risks. And that in addition to being able to earn a lot, you can lose everything. But if I have to give my opinion, I think it is a bit late to invest. Since the currency has reached a very high value and will tend at some point to normalize most likely at a lower cost.
The significant amount of money that Ripple accumulates is also due to the strong support of essential companies behind it, since the system. That increases the number of transactions per block, aims to replace traditional banking and its SWIFT system in the future. In addition to being used for all types of applications that will come in the future.
Another of the news that has made Ripple rise in value has been Coinbase’s announcement to add this currency to its exchanger. So in the coming weeks or months, it will be possible to trade with this money in one of the most reliable sites in the world. Net. This announcement has reinforced the confidence in the XRP by doubling its value almost automatically.
