With Ripple (XRP) Hitting Over $1 USD Today, What Should We Expect Next?
With Ripple's initial release date being back in 2012 it has gone up in price from about $0.005 USD to about $1.15 USD. That means if you bought some Ripple back in 2012 for $0.005 and held it until now you would have made about 230x your original deposit.
Now for a bit of background information about Ripple.
Ripple also known as XRP was first made to be a currency used in banks. People used to doubt that Ripple would be used in banks or any trading because there were rumors about the amount of Ripple being infinite and that it wouldn't work, but non of that is actually true. There is not only a finite amount of Ripple but the amount of Ripple is slowly decreasing because of some transaction fees will actually take small amount of ripple and permanently remove them off the circulation. Ripple actually owns 60 million of the 100 million Ripple that exists, but they said they are putting 88% of that Ripple into smart contracts which will make sure they cant flood the market with Ripple even if they wanted to.
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Ripple (XRP) Has Reached An All Time High At About $1.15 USD But What Does This Mean For The Future Of Ripple?
With Ripple going up about 460% in about 10 days does mean a lot about what the future will bring. Now Ripple will most definable be taking a medium size dip or drop once it reaching its peak is more then likely to happen. But what I want to ask you is, Is Ripple worth buying into once this drop happens or should we wait to see what happens next? I also want to know what you think the future of Ripple will bring and if it's going to go even high soon because of more attention it's currently receiving.
Please Upvote and ReSteem this post if you learned a thing or two and please tell me your opinions in the comments bellow whether its answering a question I asked or just your thoughts on what Ripple has to bring.
If you feel like donating Ripple, Bitcoin, Litecoin, or Etherium please do so, every little bit helps me bring new information that could help you place you make more money and helps me test around with some of that money to show you how to use it in the best ways possible.
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LTC: LdLXfASDPdLoDaPU1cjs575LUfknBS3bzU
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If you are wanting to donate Ripple you can do so here but make sure you add the Tag or else the money will be lost!
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