XRP Price Remains on Track to Surpass $3 This Week

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XRP Price Remains on Track to Surpass $3 This Week

January 3, 2018 News 0

It has been a rather interesting week for fans of Ripple and XRP price speculators. Although most people assumed surpassing $2 was only a temporary measure and would eventually lead to a crash, nothing of the sort has happened so far. In fact, it seems the XRP price is intent on setting a new all-time high and potentially even surpass $3 this week. A remarkable turn of events, that much is certain. XRP Price run Isn’t Over Just yet Truth be told, very few people had expected Ripple’s XRP would even surpass the $1 value. When this digital asset reached $0.25, many people felt it was overvalued already, even though that is not necessarily the case. Given the industry Ripple is targeting with their technology and native asset, there is still a lot of room for future growth in the coming years. After all, the banking sector processes trillions of dollars every day and if they can save on overhead costs, they will gladly do so. Whether or not XRP is the answer to the bank’s problems, remains to be seen. Just like cryptocurrencies, the XRP asset is highly speculative in value right now. It can be traded against cryptocurrencies, which means it is subject to far more price fluctuations than most people would be comfortable with. So far, the XRP price holds its own above the $2 level with relative ease, though. Not many people expected this growth would be sustainable for more than a day, but things have…
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