Ripple Price Analysis: Ripple (XRP) Sets Foot In Reshaping The Future Of Cross Border Payments
- The launch of Ripple Drop will take over the on-demand liquidity market
- Ripple is unstoppable with latest developments and strong future roadmap
Ripple has been focusing on easing the cross-border payment process by introducing new technologies, features, and network updates. The recent integration of on-demand liquidity feature will only result in gaining more popularity and acceptance in the global markets and it is only a matter of time that Ripple will become a mass phenomenon. XRP token will also be benefitted particularly through this.
Learn how XRP is key for on-demand liquidity in cross-border payments with VP of Product Marketing Kevin Mole on the latest episode of the #RippleDrop. https://t.co/k7AhGaB80r pic.twitter.com/Sas9jlxIx5
— Ripple (@Ripple) June 11, 2019
Additionally, the introduction of Ripple Drop eliminating pre-funding completely will result in partnerships with worldwide banks, and XRP token will become a household name. The market statistics of XRP establish a strong position in the current scenario.
The #RippleDrop 13 is all about on-demand liquidity on #RippleNet. Learn how eliminating pre-funding can completely change the cross-border payments landscape. https://t.co/k7AhGaB80r pic.twitter.com/ej5KlZH1ki
— Ripple (@Ripple) June 7, 2019
Current Statistics From Ripple Price Chart:
As on June 15, 2019 at 07:02:12 UTC, Ripple coin is trading at $0.40 and in the last 5 days, the coin value has surged from $0.38 to reach a peak of $0.41 but it’s been quite a few days now that XRP has not crossed the price $0.41. However, there has been an uptrend of over 7% in the past 5 days and the coin is moving upwards currently.
- The XRP price is trading at $0.40 and 0.00004708 BTC
- The market cap of the coin is now $17,316,173,194
- The 24 h volume is now $1,280,809,058
- The ROI of the coin stands at 6,842.84%
- The circulating supply is now 42,501,950,124 XRP
The rapid progress in the technology should now start reflecting in the price of the XRP token which is moving at a slow pace since the beginning of 2019.
Ripple Price Prediction:
The recent announcements of new platforms and ease of cross-border payments may increase the price of XRP drastically. It may cross $0.50 milestone in the next one month only after it comes out of the stable and slow momentum that it is facing at present.
XRP is currently trading at a low price and investing in bulk is a good option to secure long-term gains in the future as the platform is fully secure and has long term sustenance.