Ripple (XRP) has been growing extremely fast. Many people believe XRP will be the future of Crypto, let’s take a look at what the future for Ripple may hold.
Timestamps ⏱️
0:00 Intro
1:26 What is Ripple and XRP token?
2:44 Ripple’s 2020 breakthrough
4:18 Ripple XRP price went down
4:51 Price potential of Ripple
6:26 XRP forecasts
7:05 A bright future for XRP
8:04 Events that will determine Ripple price
10:34 Is Ripple a good investment?
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XRP is a native cryptocurrency of the Ripple protocol. Ripple is both the blockchain network that XRP is transferred over and the company’s name that created the crypto token and targets on pushing its adoption at banks and other cross-border payment companies. For XRP, it was mainly designed to improve speeds over existing cryptocurrencies and make it extremely attractive as a payment currency. It was first created by Jed McCaleb, Arthur Britto, and Ripple CTO David Schwartz. It started its life named OpenCoin. Later it was rebranded to XRP, and Ripple Labs was formed and now controlled by CEO Brad Garlinghouse.
Ripple had a strong breakout in 2020 but ran into a brick wall in the form of negative XRP news, resulting from a lawsuit from the SEC. The chief of US regulator claims that XRP tokens are unregistered security, and Ripple, the parent company, has broken the laws by offering unregistered securities to their investors in the United States. This forced the asset to be delisted from many cryptocurrency exchanges, which could cause the asset to struggle in the long run. However, the technology on the asset’s chart still remains relatively bullish despite the regulatory challenges.
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5 Things That Will Happen to XRP Ripple Next
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