XRP at $1 – XRP’s Bullish Trend to Begin
Ripple, a platform that aims to provide seamless, hassle-free, and low-cost cross border payments, has recorded its growth on many blockchain entities. The native token of Ripple, XRP is also expected to have a bull run with a price possibly touching $1.
XRP gains 7% against USD
Digital asset XRP has taken the crypto market by storm. With an impressive 7.40% increase in the last 24 hours, XRP is currently trading at $0.483125.
The Altcoin is holding the Market capital of $21,899,173,284 with $16,252,703,967 trading volume.
Right now, Ripple is losing masses of its user base after a massive issue related to the SEC lawsuit. During the bull run into an accelerated phase, XRP proved more loose and lonely than all other altcoins. That's why I think XRP is unlikely to reach $ 1 this year. The value so far that XRP has been due to the high gas issue from transactions makes users still remember XRP because XRP's transaction fees are very low, it is the first choice for extremely good withdraw / transfer.
- Well, now many altcoins understand the psychology of users, their transaction fees have started to be lower and highly competitive with ripple, ripple is no longer the only option, combined with a major problem you mentioned, ripple probably lacks many opportunities to develop. But this year is probably still a lucky year for ripple, its value hasn't dropped too much, and bitcoin is helping ripple a lot this year as it continues to rise, which forces altcoins to continually adjust and increase the price accordingly