I have some XRP hidden somewhere in my wallet and though they are not much they are symbolizing of my vote of trust and confidence on this cryptocurrency (though some are calling it as the false one and centralized at best) because I am seeing a big potential of this coin especially in tandem of big banks and similar financial platforms. But let me clarify that am also a great supporter of Bitcoin and Ethereum.
There is a great future for XRP. However, just like any other cryptos, there are also hypes about it. There are publications touting that soon XRP can be able to reach as high as $10 and in such a short period of time. Should we believe these hypes or should we as usual take them with an abundance of salt?
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The fact that Ripple XRP could be the next Bitcoin cannot be ruled considering how XRP is being adopted across the globe and how Ripple accepted to follow regulatory procedure to increase the adoption of the digital asset among governments.
In 2017, XRP was the best performing digital asset, it surprisingly rose by 25,000%, netting an all-time high value of $3.84 USD.
Despite the fact that XRP trades around $0.38, those who invested in the digital asset at the launch have a return on investment of 6,425.76%.
Source: https://todaysgazette.com/ripple-xrp-price-analyst-sees-xrp-at-5-10-in-9-to-10-days-1200-as-2019-price-limit/
In 2017, XRP was the best performing digital asset, it surprisingly rose by 25,000%, netting an all-time high value of $3.84 USD.
Despite the fact that XRP trades around $0.38, those who invested in the digital asset at the launch have a return on investment of 6,425.76%.
Source: https://todaysgazette.com/ripple-xrp-price-analyst-sees-xrp-at-5-10-in-9-to-10-days-1200-as-2019-price-limit/
I know that fomo is a necessity but we should consider it more carefully.
I used to get a lot of fake fomo news to lose more than $ 2k and I had more experience. XRP is really hard to raise to $ 10 because its capitalization is too high.