Hate it or love it, Ripple is here to stay.
Ripple (XRP) took over the second spot in the cryptocurrency market capitalization rankings. Ripple trippled its market capitalization within the last 20 days. At the moment XRP has a market capitalization of approximately 91 billion USD. A couple days ago Ripple came second for the first time ever, surpassing ETH's market capitalization for a few million USD.
I'm a firm believer in Ripple's bright future. Not only because it's the bank thing, but also because it is premined and I strongly believe that mining will turn out to be a huge problem in the future, especialy given the fact that mining difficulty and costs increase as a coin reaches its total supply. American Express have already accepted ripple (XRP) and this caused a chain reaction of banks joining in and accepting ripple (XRP). Ripple (XRP) is here to offer extremely quick transactions at really low fees and therefore to try and beat bitcoin (BTC), which given the latest BTC transaction difficulties might as well happen in the future.
Ripple (XRP) is the ''traitor'' of cryptos since it's not decentralized like cryptocurrencies were meant to be. However, times are changing and this seems to be an asset of Ripple (XRP) now that mining costs for BTC are extremely high. Ripple is a bit different than the rest and that's definitely one reason to hold some for the future given its current low price.
The currency's big supply of approximately 40 billion coins makes it clear that we won't be seeing any BTC - style skyrocketing displayed by Ripple (XRP), however the fact that it's already the bank thing means that billions and trillions of dollars isn't that much, considering that we're talking about central banks that may adopt Ripple (XRP) and start using it. Even the 10 trillion USD milestone wouldn't be impossible for Ripple's future with all those banks getting invlolved with it. If more central banks start adopting Ripple (XRP) then the billions and trillions will keep flowing in what could prove to be the largest market capitalization of all cryptocurrencies in circulation. I strongly believe that Ripple (XRP) will be ranked number 1 within the next 5 years. Better hold some XRP when that happens! I will probably get laughed at for this statement, but even Galileo was laughed at and murdered for stating that the Earth was actually rotating around the Sun and not the opposite as people believed.
But hey, that's me and this is only my opinion. That means, I'm not suggesting anything. You can make of my opinion what you wish. However, I do hold Ripple and I will definitely buy some more! But then again, that's me! Before investing your funds in anything always do your own research and never invest more than you can afford to lose. I often advise people to never invest more than 10% of their funds in anything.
If you need advice on how to get Ripple (XRP) or anything else regarding my post, feel free to let me know your questions and I will make sure to respond promptly!
Thank you for your attention!
I wish you massive profits!
Highest Regards
