Ripple is a company that uses blockchain technology for global payments, and currently, Ripple's XRP is the world’s third-most-valuable crypto asset and is more volatile than just about everything. Now, the question is, Is Ripple XRP a good investment?
Ripple or XRP is an old coin and has been traded on almost all exchangers. Has a large liquidity and is also actively traded by investors. But I don't have XRP as one of my portfolio because I prefer other coins that are decentralized
I was also not interested in investing in Ripple because the coin is risky, and it is difficult to increase the price during this time. This coin has not had much big news recently, and investors feel very bored holding this coin. In terms of technology, Ripple has a great ecosystem because this technology is being applied a lot in the banking sector. Personally, I have not traded this coin for over a year as it is generally difficult to profit from this coin.
It's too risky as ripplas has possibility to be dumped caused by the company itself. So many people have been creating petition for the company but the they were never getting any response for their petition.
This coin is not having a lot of supporters again right now.