Bitcoin (BTC) being original cryptocurrency, will remain a substantial portion of many investor’s portfolios expecting its future growth. Ripple, on the similar lines, exploded between 13-Dec'17 - 8-Jan'18 and gained the 2nd position in total marketcap that time, though it was for a shorter period, but the raise was long awaited for all of us. As the market is down now since late Jan'18, the ripple effect of the same expected on XRP as well, as there are good partnerships announced using xCurrent product and now what is expected further that their transition to xRapid product to have another spike on XRP price because where xCurrent gives 30% cost saving, xRapid gives another 30% cost saving on top of it, hence banks mainly will be inclined to do this transition to maintain their profit margins. It will not happen soon but steadily.
For more details, how XRP present The Cost-Cutting Case for Banks, refer to this content to understand more in depth, https://ripple.com/files/xrp_cost_model_paper.pdf
The price of XRP is stable for sometime and the kind of developments are noticed, it is expected to remain stable.
XRP future seems bright and promising, so stay positive and HODL!!
Here are my previous blogs:
https://steemit.com/bitcoin/@blk007/where-is-bitcoin-heading
https://steemit.com/electroneum/@blk007/today-s-big-news
Disclaimer: This article should not be taken as, and is not intended to provide investment advice. Please do your well informed research before taking any investment decision.
