Is XRP a good Cryptocurrency?

Yes, Ripple is a good investment and will be worth it in 2021 besides its SEC issues. The digital currency, XRP, serves as a bridge between currencies. It makes it possible for any money to be traded for another and does not differentiate between one cryptocurrency and another.

XRP is a token used for representing the transfer of value across the Ripple Network. The main purpose of XRP is to be a mediator for other - both cryptocurrencies and fiat - exchanges. The best way to describe XRP is a 'Joker'.

XRP, the digital asset of Ripple, is supposedly capable of settling a payment within 4 seconds and handling 1,500 transactions every second. ... Were a financial institution to use xRapid to help with cross-border payments from one fiat currency to another, XRP is what is used mid-transaction for liquidity.

XRP is an independent digital currency that is used to facilitate transactions on the Ripple Network. The technology behind the cryptocurrency is called XRP Ledger and acts as the blockchain in which the XRP token reside. The ledger is community-based which means only users can decide whether it succeeds or fails. What is Ripple cryptocurrency XRP

However, as a long-term investment, it projects that Ripple could perform much better. According to its predictions, the value of the Ripple XRP token could rise to $0.76 by the very end of 2021, rising to $0.98 in 2022, and achieving a mean price of $2.32 by 2025.

Investing Haven, a crypto prediction website has made an optimistic bullish prediction for 2020 as it believes that 2020 is going to be a flawless year for Ripple. They have stated that XRP might reach as high as $20 by 2020 as it thinks XRP has the highest potential, amongst all other cryptos.

Ripple Price Predictions in 2030. XRP's price in 2030: Smartereum's feature reported projections that Ripple's value could go up to $200-$300 by 2030. WalletInvestor claims that XRP will not reach $5 or even break $1 again and that interest in the next few years will not be sustained by 2025.

Its pending lawsuit by the U.S Securities and Exchange Commission (SEC) Another reason why Ripple is so cheap is because of the lawsuit leveled against Ripple by SEC. According to the Commission, Ripple has been violating federal securities laws by selling XRP cryptocurrency to retail consumers.

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