The Ripple (XRP) Forecast 2019: Is $500 Possible?
This year, the company Ripple and its cryptocurrency XRP had a lot going on: The heavy crash in 2018 caused worried lines to become troubled by supporters and investors. By now, more than three dollars per coin went down to below 0.30 USD by December.
However, the cryptocurrency recovered in December 2018 and many new partnerships and projects were completed. Where is the journey going in 2019? The Ripple forecast looks promising. But are actually $500 per coin possible?
Ripple Status Quo
Bank cryptocurrency — so-called because it works with many international banks and payment service providers to build a global payment network — is often decrypted in the crypto scene. Many followers of other cryptocurrencies, such as Bitcoin, Monero, Dash or Ethereum do not like the cryptocurrency around CEO Brad Garlinghouse, because it relies on the banks.
Many other cryptos want to make exactly these banks superfluous and create a decentralization. CEO Brad Garlinghouse’s company, on the other hand, uses its technology to provide payment services that can be used to transfer money to other countries within seconds. And that at 40 to 70 percent less cost.