- Ripple is seeking global collaboration to come out of the deadlock
- Ripple’s XRP peaks to $0.47 before falling back to $0.43
Advertisement
Ripple’s XRP is one of those cryptocurrencies with real-time usage and has gained the attention of investors across the world. Although the coin has not shown any phenomenal surge in the past five months, the investors anticipate that the second half of the year will be lucrative for the currency. Ripple’s team is also seeking global alliances to increase the popularity of the coin and platform by promoting blockchain as the next-gen technology. The market scenario looks positive.
Last week Ripple's Global Head of Banking @delatinne joined industry leaders at @EBlockchainCon to discuss the importance of collaboration across different blockchain networks. https://t.co/HHQ20k4Svi
— Ripple (@Ripple) May 28, 2019
XRP Price Statistics:
Ripple has been moving sideways since the onset of 2019 with only a few upward surges overall ones being in the month of May. As on June 2, 2019, at 04:23:03 UTC, the price of the coin is noted as shown in the graph below:
| Particulars | Statistics |
| Price (USD) | 0.43 |
| Price (BTC) | 0.00005043 |
| Market Capitalization | 18,199,323,376 |
| 24h volume | 1,642,809,070 |
| Circulating Supply | 42,181,995,112 XRP |
| Return on Investment | 7,234.49% |
There has been an uptrend of over 22.85% in the value of the XRP coin in the past 30 days. The price moved between the range of $0.35 to $0.43. The coin value reached as high as $0.47 in the last 30 days. The market cap is now over $18 Bn, and the ROI is justified at 7,234.49%. Although the coin is trading at a decent price currently, there has been no phenomenal performance ever after various partnerships and alliances.
Ripple Price Prediction:
Ripple’s XRP has the potential to cross $1 by the end of 2019 and can reach up to $50 in the next two years, as per Ripple Forecast. However, the firm has to figure out a way to make the efforts work towards improvement and progress in the coin value.
Conclusion:
Ripple is a highly reliable cryptocurrency which has attracted investment from many renowned people globally, and hence, investment is a good opportunity as the long term gains are good. This is the best time to buy XRP tokens in bulk as the price is low.
