Should You Buy XRP (Ripple) Right Now While It's Under $3?
XRP (CRYPTO: XRP) is the native digital asset on the XRP Ledger, the blockchain created by financial technology company Ripple to simplify cross-border transactions. XRP peaked around $3.30 in January after advancing more than 550% following the presidential election in November.The token has since retraced its way to $2.55 as of Feb. 18, declining 20% from its January high, as excitement about Donald Trump's victory has faded. However, XRP is still the third largest cryptocurrency by market value behind Bitcoin and Ethereum, and its price could increase if more financial institutions adopt Ripple Payments.Should you buy XRP while it trades below $3? Here are the important details.Continue reading
XRP (CRYPTO: XRP) is the native digital asset on the XRP Ledger, the blockchain created by financial technology company Ripple to simplify cross-border transactions. XRP peaked around $3.30 in January after advancing more than 550% following the presidential election in November.
The token has since retraced its way to $2.55 as of Feb. 18, declining 20% from its January high, as excitement about Donald Trump's victory has faded. However, XRP is still the third largest cryptocurrency by market value behind Bitcoin and Ethereum, and its price could increase if more financial institutions adopt Ripple Payments.
Should you buy XRP while it trades below $3? Here are the important details.
