First a clarification on the question: Ripple is a private, cash flow positive company and we don’t have any plans to raise additional capital (and no offense, but if we did, we’d only raise capital from institutional investors!). However, you can certainly buy XRP - the native digital asset to the XRP ledger.
As a general rule I try not to give investment advice, but I’m happy to give a summary of what drives Ripple’s and XRP’s value. Ripple is focused on enabling a global network of financial institutions to use our software to create what we call the the Internet of Value. Our goal is to lower the marginal cost of international payments to the point where money can move as easily as information does today.
As the network grows and adoption of Ripple’s products increases, the value of Ripple should grow as well. XRP is a digital asset that exists on the XRP ledger, one of the open-source products created by Ripple. XRP is a pivotal component of the Internet of Value since it solves a key point of friction, the pre-funding of nostro/vostro accounts necessary to facilitate cross border payments.
As this occurs, the demand for XRP will increase and markets will reflect that.
I hope it goes without saying that I’m incredibly pleased by the progress we have made to date - with a broad group of global FI customers. And there are powerful network effects that we have seen accelerating that momentum.
What will be the price of Ripple in 2018 ?
In last one month of DEC Ripple increased from $0.25 to $2.50 today. It is a huge growth of around 10 times or you can say return of 1000% in one month.
I bought 1440 Qty if Ripple when It was trading at around $0.25 or Rs. 15 by making an investment of around 22K that time.
And today price is $2.50 / Rs.180 . If I sell my all ripple today that these are worth Rs. 260000. But I am still holding it till end of 2018.
Ripple become no. 2 in market cap in crypto world. It is just below Bitcoin and left all other crypts under it, Even bitcoin Cash is at no. 3
As, Market cap of Ripple is increasing rapidly, So lots of new buyers and investors are taking interest in it. Happening something similar to Bitcoin.
Do not take suggestion of anyone and Only buy and hold it for 2018 end. You will get returns better than Bitcoin.
Thanks for reading.
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