While Bitcoin is leading the cryptocurrency rally, we look into another promising altcoin – Ripple. Today, we discuss the 2018 Ripple Price Prediction.
12 December, AtoZForex – We will remember 2017 as a crazy cryptocurrency rally year, with Bitcoin and Ethereum leading the pack. However, other digital currencies have also been performing well- Ripple and Litecoin have gained quite popularity over the past months.Cryptocurrencies are a new safe haven
While the market is oversaturated with the Bitcoin and Ethereum price analyses, we decided not to ignore the altcoins that are also booming. As a part of this Ripple analysis, we will be talking about 2018 Ripple Price Prediction.
The top 10 cryptocurrencies for the next year are going to be the ones that have already performed well during 2017. Bitcoin, the first ever cryptocurrency, has its price surging up in a rapid way. Talking about Ripple, the enterprise on the game, it is necessary to note that its market development cannot be copied by other altcoins. Thus, there is a big chance that Ripple could be doing much better during the upcoming years.
The cryptomania has reached impressive highs thanks to the safe haven demand – now investors turn to the digital currencies in times of uncertainty.XRPUSD forecast
Now, the market cap of Ripple (XRP) stands at around $10.3bln. That is over 4,000% price rise in a year.
As you might already know, Ripple is a unique cryptocurrency. For example, say if you have sent money abroad, you have used a SWIFT service. SWIFT is an entity with a monopoly on border transfers. However, Ripple has the potential to eliminate such system. Thus, you can say that Ripple is Swift competitor.
According to the Ripple CTO, Stefan Thomas:“Ripple provides one frictionless experience to send money globally using the power of blockchain. With RippleNet, financial institutions can process their customers’ pay...