XRP price Prediction for 2018 is $2
Ripple trades under the ticker symbol “XRP” and has a market capitalization of roughly $10.2 billion (at the time of writing). Its token value surged 3,914% this year alone.
For those who may be unfamiliar with Ripple, it is a blockchain company trying to disrupt SWIFT, the shadowy company that facilitates international payments transfers.
Anyone that has sent money overseas knows what I’m referring to. In order to make the payment, you have to provide a SWIFT code. The company has a monopoly on cross-border transfers, having more than 11,000 financial institutions in 200 countries on its network.
Ripple wants to take SWIFT down by working together with banks and other financial institutions. In some quarters, this willingness to work with banks taints Ripple by association. Some view it as heretical, but I personally find Ripple’s approach to be refreshing.
Ripple Gona be the new face of cryptocurrency in 2018