XRP Price Of $5 USD Per Ripple Coin Forecast: Egregious Or Estatic 2019 Prediction Analysis?
Ripple Price Prediction 2019: Will Ripple Break $5 By The End Of The Year?
Ripple’s XRP has become one of the biggest names in the crypto ecosystem. Ripple is committed to becoming a standard trading protocol common to all major banks around the world, making money transfers as cheap and convenient as e-mail. They are the most adapted crypto in traditional institutions.
Ripple has numerous advantages. 55 billion XRP in escrow. Despite a total supply of 100 billion coins, the Ripple company has put 55 billion XRP in escrow. These are held in place by a smart contract which releases 1 billion XRP per month over 55 months. The XRP tokens are released to Ripple partners and other affiliates in an effort to help get them involved as well as to let them a test drive Ripple and to start using it with low costs. So rather than going to the exchanges, the goal for the newly released XRP is to help grow its use.
XRP In 2018
Their global payment network, RippleNet, presently reaches 40 different countries around the world, located in six continents. With XRP, the company has managed to maintain on-demand liquidity, and they saw their first companies on RippleNet that managed to leverage xRapid, which were MercuryFX, Cuallix, and Catalyst Corporate Federal Credit Union.
RippleNet also gained publicity after making it possible to access their services for a wider range of areas. Remittance services from Ripple have improved the performance of Santander’s OnePay FX and CoinOne Transfer’s Cross mobile apps. The customers are reaping the benefits as well, considering the lessened costs and errors as a result of Ripple’s technology.
Ripple In 2019
At the end of 2018, Ripple published a year-end review that said:
“We predict 2019 will not only bring further regulatory clarity and widespread awareness of the impact this new technology offers but also, it will be the year that interest and investment in blockchain and digital assets gives way to broad adoption. The year when a critical mass of financial institutions begin relying on this technology to drive global payments, and as a result, we begin to change the way money moves around the world.”
Given below are a list of predictions by prominent media sites that have made predictions for XRP
- FXStreet: XRP has the potential to reach $3-5 by the end of the year.
- Investing Haven: This crypto prediction website is very optimistic about XRP with a prediction of as high as $20 for 2019.
- UsLifted: They think that XRP can $22.79 with a circulating supply of 38,739,145,924 XRP by 2020.
- Oracle Times: Popular business outlet Oracle Times think that XRP has the potential to surge over 2000%. A value of $5 seems within grasp.