Ripple hasn’t been a favorite on publications online. The media is somewhat negative about XRP and its activities. As one can expect, most of these publications and articles about XRP have caused fear, uncertainty, and doubts among Ripple investors. If you take a look at cryptos such as Bitcoin, there are lots of positive news about it, and probably this is one reason why the price of Bitcoin is breaking away from other cryptocurrencies at the moment. At the time of writing, the value of XRP is at $0.46145, went up by 1.31% in the last 24 hours.
Most of the media news are being influenced by the ‘whales’ to talk down on XRP. Current media news constantly talk about what will happen to Ripple (XRP) if it is declared as security – will it survive? Will its price dip further? These are some of the news articles you would find trending about Ripple XRP today. These media publications have installed fear and doubts in the mind of Ripple investors. It is necessary to know that in the last 24 hours, XRP’s price went in green; still, it is unlikely that the price of XRP will keep going up dramatically. We will have to wait.
Ripple will not be declared as a security. The company has been working with different regulatory bodies right from the start, declaring that Ripple and XRP are not alike; and that if Ripple ceases to exist, XRP will still remain. Ripple is closely working with the SEC, trying to finalize and clarify things so as not to be declared as a security.
The current media publications still weigh down XRP and the whales are waiting for that big moment to gather as much XRP as possible before SEC’s announcement on Ripple not being a security. With that in mind, now is the right time to buy and invest on Ripple before SEC’s announcement.
Cross-border payments will be powered by Ripple (XRP) in mass very soon
Ripple recently filled two new transaction trademarks. Both trademarks work on the same design, and they both run on Ripple’s network. It is however likely that any application that runs using Ripple knit such as OnePay will show the trademark. This new feat by Ripple is a big one and it shows the company’s commitment towards facilitating cross-border transactions.
This also shows us a glimpse into the future that anytime we perform a cross-border transaction or make use of our payment application, there may be a pop-up that the transaction was powered by XRP or Ripple. Ripple and XRP will be powering the majority of financial transactions in the future. The recent Ripple trademark is seen as a software that provides an electronic financial platform to facilitate financial transactions over a computer network.
Finally, Ripple is a futuristic platform, and as an investor, don’t cloud your judgments as a result of the negative media publications about Ripple – there are big players manipulating it. You need to know that great things are about to happen, and this is the right time to buy and invest in Ripple (XRP).
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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.
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