FREE BITCOIN

Gamble as you want,

your wife will never find out!

First p2p bitcoin betting platform!

Guess Bitcoin’s trend and win!

Clever enough to guess

Bitcoin price?

Ripple (XRP) 2019 price prediction: $10 more than a possibility - Global Coin Report
Connect with us

Blogs

Ripple (XRP) 2019 price prediction: $10 more than a possibility

Published

on

Ripple XRP
READ LATER - DOWNLOAD THIS POST AS PDF

Apart from being the third biggest cryptocurrency in the world, Ripple (XRP) just like other cryptocurrencies has been experiencing a slump in price. Even after hiring Cory Johnson, Ripple’s new head market strategist, XRP still seems to be struggling to appreciate in value. Many analysts had predicted that XRP prices were going to witness some increment in the crypto market, but unfortunately, this is yet to happen.

Despite having support and significant partnerships, Ripple dismal performance is attributed to a court case they lost against a major company that started the negative price trend that has never been witnessed since the inception of the digital coin.

Experts are bullish about the Ripple (XRP)

Many analysts are confused why Ripple (XRP) prices started sinking after the announcement of Cory Johnson. We are still trying to find a correlation between the sinking in price and the appointment of Cory.

Through a media statement, Cory assured the public that he is working round the clock to explain the poor performance from Ripple’s end and is working tirelessly to come up with new strategies that are going to mitigate the current situation and propel the digital coin to more positive momentum.

The total worth of Ripple is $49 billion, but given the volatile nature of cryptocurrencies, XRP is experiencing a considerable number of peaks and depressions when it comes to value. But despite XRP’s dismal performance Roman Guelfi, a respected crypto expert, believes 2019 is going to be the year when XRP will excel hitting notable prices. Following is what he had to say;

“Ripple certainly has the potential to move up a notch in 2018, but I think it will be more likely in 2019… As the market observes more projects being coded in other algorithms such as XRO, ETH will likely take a backseat to the next big coin/token… It will take some time for the markets to digest this, so I am projecting 2019 to be the likely time for it to take place”

Brad Garlinghouse, Ripple’s CEO, on his part is documented saying that Ripple (XRP) intends to comply with regulators as well as work with them to drive the digital coin to progress. The main brain behind Ripple says;

“It is incredibly important that the entire industry recognizes that we have to work with the regulators, we have to work with the system… The blockchain revolution is happening from within the system it’s not going to happen from outside the system”

Reasons why it’s okay to be bullish about Ripple

Despite the experts feeling positive about Ripple’s performance in 2019, some other factors could send Ripple through the roof in 2019.

One of the factors to consider is, Ryan Zagone, one of the top executives of Ripple, got elected into the Faster Payments Task Force of Federal Reserve just recently. This inclusion could prove to be a big deal for Ripple as it demonstrates when it comes to international payments, Ripple posses a bright future.

Ripple (XRP) is not saturated by 100% (as like many other cryptos). Just imagine where the coin would go if it reaches the 100% saturation. Ripple’s market capitalization sits at around $20 billion currently, in case the currency marks $29 billion for market cap, and then if we divide the coins in circulation that could make it possible for Ripple (XRP) to hit $10-$15 price easily.

$10 trillion travels via SWIFT, the system used for international financial transfers, daily. Ripple’s CEO, Brad Garlinghouse, expects dozens of banks to join Ripple network in 2019; as many financial institutions and banks start using Ripple (XRP) for currency exchange and past payment settlements worldwide, Ripple will have a good share of the SWIFT’s $10 trillion, which could affect the value of Ripple’s virtual currency XRP positively.

Not only is Ripple (XRP) one of the most significant payment platforms in the market but also, it is one of the leading virtual currencies in a market full of virtual currencies with new ones popping up every day. This is not news.

Pundits and virtual currency analysts point at Ripple (XRP) when asked about the cryptocurrency that has the most potential today and beyond. After the market leader, Bitcoin, there is no clear-cut second placeholder. It might mean that we start to experience the upsurge and consolidation of Ripple (XRP).

Given the fact that XRP is currently valued at $0.49628 and we are already halfway done with 2018, it might look outrageous prediction but if you consider the possibilities surrounding Ripple as we step into 2019, it comes next to the reality that the crypto could hit $10-$15 price point in 2019 with ease.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pxhere.com

Blogs

Top 3 Crypto Trends That Might Go Big in Q2 2019

Published

on

crypto trends
READ LATER - DOWNLOAD THIS POST AS PDF

So far 2019 has brought a significant change to the crypto industry. Q1 of this year has seen the rise of the idea of IEOs, the crypto space has finally managed to shake off the bears, and numerous coins throughout the industry have seen their prices grow once again.

The latest rally happened only several weeks ago, and it allowed Bitcoin to surge up by $1,000. Most other coins followed in their own way, but the investors are now wondering what to expect out of Q2? The Q1 started off badly, but it ended up being extremely successful. The chances are that history might repeat itself in the second quarter, as there are some key trends that might point the way for the further development of the crypto market.

1. The rise of IEOs

Back in 2017 and early 2018, ICOs (Initial Coin Offerings) were everything that the crypto space was talking about. Their popularity allowed startups to raise billions upon billions of dollars. Soon enough, however, that ended in a pretty bad way. STOs (Security Token Offerings) emerged as an alternative that does not depend on trust, follows regulations, and it actually holds value. However, asset tokenization might still be in its early stages, and this is something that might come back at some point in the future.

In 2019, however, IEOs (Initial Exchange Offerings) started attracting the…

Continue Reading

Blogs

The Crypto Space Once Again Divided Over Bitcoin SV

Published

on

Bitcoin SV
READ LATER - DOWNLOAD THIS POST AS PDF

The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

Continue Reading

Blogs

Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

Published

on

Ripple
READ LATER - DOWNLOAD THIS POST AS PDF

One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

Continue Reading

Elite