Category Archives: Ripple (XRP)
XRP Coin Prices: Corrections Are a Healthy Part of a Bullish Trend
Cryptocurrencies continue to garner a lot of attention, and even the slightest mention of the work “blockchain” piques investor interest. There are a lot of opinions with regards to this new asset class, and I can honestly say that I am skeptical regarding the longevity of this asset class. But that does not mean that I do not believe that further gains are to be made before everything is said and done.
Ripple coin (XRP) prices have been getting a lot of attention over the past few weeks and for good reason. The XRP coin price has appreciated by an astronomical 1,400% since December 10. What makes this feat.
The post Embracing the Correction in (XRP) Ripple Coin Prices appeared first on Profit Confidential.
Will Ripple Crash?
The Ripple XRP juggernaut continues to roll! Ripple XRP was trading at over $3.70 at the time of writing. Bitcoin, on the other hand, continues to take a beating and is down by almost three percent.
So what is driving this rally and is an XRP crash coming? The increasing demand for crypto assets is primarily the result of the craze for decentralized currency combined with the power of blockchain technology made popular by Bitcoin.
But the fact is that Ripple XRP is a totally different crypto beast than Bitcoin. Ripple XRP is not a decentralized currency as the majority of XRP is owned by the company and its founders.
Hence, saying that there might.
Bitcoin is no doubt a high-value cryptocurrency. But after it was released, several altcoins joined the race much to the euphoria and the newly generated interest and curiosity. These include Ethereum, Ripple, Litecoin, and more.
The intense competition among these altcoins leads to one or the other of these to be on the top on few of the days, be it in terms of price, market cap, BTC, or other factors.
So, the news is that Ripple has topped all the charts among altcoins. Clearly, it is nowhere near Bitcoin if we only compare the value and the market.
The post Ripple Spearheads to the Top in Terms of Market Cap, Indicates Price Rise appeared first on Profit Confidential.