Ripple was a lot of times the center of attention last year for its features and acceptance from banks around the world which led the Ripple price to go up, despite the fact that it later decreased and is now trading for less than $1.
Ripple is working with a new technology which is trying to replace the SWIFT system, thus more banks are trying to join the party. As far as banks are joining more we will see a rise in the price. Also, we heard the rumors that Coinbase is going to add Ripple to its list somewhere in the middle of this year which is a good enough factor for the value of this coin to increase because many investors will want to adopt the coin.
Furthermore, if Ripple stays true to its promises on scalability, low transaction costs and speed we can sure expect the Ripple price to rise. I don’t believe that extreme, sudden jump in price will be healthy for this cryptocurrency but keeping a steady course and slowly development will bring the desired results.
Are you excited for the Ripple price bouncing back in 2018? Are you planning to invest more in the third largest cryptocurrency by market cap?
Let us know in the comments!
P.S. Make sure to check all the news and updates on Ripple here
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