Ripple update: XRP’S FUTURE
since I’m kinda new to the technological and financial aspects of crypto: what are your thoughts of how high up XRP could go?
I really do believe in the technology, that they are offering, but since it all seems so thorough, I was asking myself, if there‘s a possibility (through the high supply and the fact that the company is holding a lot, for example), that it won‘t surpass 1 Dollar in the long run? I’m really asking this out of not knowing enough about the economic variables, that give a currency its worth. I mean, for a global online currency, you’d need a low volatile one, that doesn‘t loose 10% of its worth due to massive selloffs or whatever, I suppose. And also, if it were at a Dollar, people would have an easier time to adopt it in their everyday lives, since they wouldn’t have to reshape their thinking of worth.
Thanks in advance to all the people, that take some time to answer.
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
Don’t forget to share the post if you love it !