On Thursday (September 27, 2018), Nigel Green, CEO of the independent financial consultant of Vere Group, expressed in a blog how optimistic he was about the future of XRP, and in particular he said that XRP "will reach the $ 1.00 mark. before the end of 2018. de Vere Group was founded in 2002 by Nigel Green. The Dubai-based company says it has "more than 80,000 customers in more than 100 different countries and more than $ 10 billion in advice and administration.
On Tuesday (September 25, 2018) deVere issued a press release in which Green commented on the incredible 100% increase in the price of XRP last week. Below is the two-week price chart for XRP from CryptoCompare:
Cryptocurrencies are the future of money and, clearly, XRP is proving to be one of the most useful cryptocurrencies for companies, organizations and individuals.
XRP will get more traction than many of its rivals because of its unique features, technologies and problem solving capabilities. Many of these unique features allow you to help businesses, including real estate and technology companies, save money, streamline and add more security to transactions. This is also the reason why hundreds of financial institutions around the world are already working with XRP, and this is a trend that will continue and grow.
XRP is really a good way to move money. Therefore, we call our fund in XRP because it is a fantastic way to transfer money quickly across the border at almost no cost. Therefore, there is a lot of tribalism in cryptocurrency ... The only thing that everyone agrees on is that everyone hates XRP because it is centralized, they think it is managed by the company, etc. I mean, none of that is really true. But what it is is a fantastic way to move money. And while the other more decentralized cryptocurrencies tend to be more efficient, meanwhile, XRP is fantastic. Therefore, from the point of view of hedge funds, it is great to be called in XRP.
