How far can Ripple go?
How far can Ripple go?
Ripple shows an unprecedented growth rate in December. On Friday December 29, XRP took the second line of the Coinmarketcap tops, leaving behind the etherium and Bitcoin Cash, showing growth of 60% in just a week (and 35% per day). At the time of publication, the XRP rate is $ 2.29, and the capitalization of the crypto currency is higher than $ 88 billion.
One of the "bullish" news was the partnership of the Asian representative office of Ripple with the largest issuers of bank cards. Given the market share of partner companies, we can safely talk about strengthening the faith in Ripple from investors taking into account the fundamental background.
https://steemit.com/news/@kobusu/consortium-of-japanese-banks-ready-to-implement-ripple
News is quickly spreading, causing more and more interest in Asian (and not only) markets, thereby creating an increasing demand for XRP, due to which the price is rapidly rising. At the same time, Ripple grows, even when other crypto-currencies, including bitcoins, are mostly in the "bearish" phase.
Recently, in an interview with the New York Times, the director of the Korean bitcoin-exchange Korbit said that investors in the country often express mass optimism about one particular asset, and seeing the growth rate, each trader seeks to "jump on the train" - the same all-familiar syndrome of lost profits or FOMO.
Information in Korea is spreading very quickly. If someone has invested, he will tell everyone about it. Around this already formed a huge community.
In November, the same thing was said about the South Korean market with the growth of Bitcoin Cash (BCH), then the price of the most sensational fork of bitcoin reached $ 3,700 on the Bithumb stock exchange. In this month, the favorite for investors is Ripple.
Among other reasons for the growth of XRP are rumors of the release of the crypto currency on the Coinbase platform and its GDAX exchange. Once the auctions on Coinbase are launched, this will create an influx of new investors and an increase in volumes. At the peak of bitcoin growth, Coinbase reported 100,000 new users per day.
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Интересная новость, с такими темпами и на первое место по количеству капитализации может выскочить.
Manipulation with Ripple?⬇⬇⬇
https://steemit.com/cryptocurrency/@vadimvinnichuk/manipulation-with-ripple
In this post I try to explain how user speculationmakes changes in price chart.
Please read :)
https://steemit.com/cryptocurrencies/@jjrt3345gr/how-to-predict-cryptocurrencies-with-big-data
Very exciting I was introduced to RIpple at $0.23. Great details. Thanks for the post.
So do you think all of this run-up could be attributed to the baked in price of the addition of Ripple to Coinbase?
Ripple itself a convenient quick transaction crypto, tham can get a large pamp when
investors notice it, I hope so...
It's already correcting.
Good info about Ripple!
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