3 New Opportunities That Could Send XRP Past $3 Within 3 Months
After rising about 300% during the past 12 months alone, it's entirely possible that the next 12 months will be even more exciting for holders of XRP (CRYPTO: XRP).It's even conceivable that a trio of new developments could send the coin from its current price near $2.20 to well above $3 within the next three months. Let's examine each and judge how much of an impact they'll have on the coin's price in both the short and long term.The process of tokenizing assets isn't something that most investors are familiar with, but it's an important thing to understand in the context of XRP's present and future. In short, when an asset is tokenized, an entry is created on a blockchain like XRP's, such that the ownership and attributes of that asset can be tracked via a ledger, and such that the asset can be traded between parties on that chain. Most people have heard of non-fungible tokens (NFTs), and the principle is the same; an NFT is just a set of asset-related data that's distinct from the quantity of tokens a given cryptocurrency wallet is holding.Continue reading
After rising about 300% during the past 12 months alone, it's entirely possible that the next 12 months will be even more exciting for holders of XRP (CRYPTO: XRP).
It's even conceivable that a trio of new developments could send the coin from its current price near $2.20 to well above $3 within the next three months. Let's examine each and judge how much of an impact they'll have on the coin's price in both the short and long term.
The process of tokenizing assets isn't something that most investors are familiar with, but it's an important thing to understand in the context of XRP's present and future. In short, when an asset is tokenized, an entry is created on a blockchain like XRP's, such that the ownership and attributes of that asset can be tracked via a ledger, and such that the asset can be traded between parties on that chain. Most people have heard of non-fungible tokens (NFTs), and the principle is the same; an NFT is just a set of asset-related data that's distinct from the quantity of tokens a given cryptocurrency wallet is holding.
