Ripple's XRP token has seen a very rough start to the year, dropping close to 78% in the first quarter. After their poor performance in early 2018, XRP has now moved from the top 5 worst performing cyrptocurrency list to the best performing list in the recent week. In fact, they are currently the world's third largest crypto as I am writing this. Today, XRP's market value is currently trading at $0.659.
I have always been a huge fan of XRP, while the majority of the crypto world has decided that it is a "crap coin". I strongly disagree. Ripple is a strong company, with a strong organizational structure and a long list of support from major financial institutions and companies. It is no secret to anyone what kind of companies are backing and currently testing Ripple's technology.
Many in the crypto-space have questioned the morals of the company, due to the fact that XRP is a centralized currency. However, Ripple is proving to be a trustworthy company committed to excellence and the future growth of XRP. Time will only tell what XRP and Ripple will become within the next 2 years. For us holders, it will be exciting to see if our investments pay off.
Stay tuned, and leave your comments.