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Ripple’s XRP is slowly but clearly going all the way up

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Ripple XRP going up slowly

We can say one thing about Ripple’s XRP coin. It’s not just been stable; it’s been going steadily up all the time. It’s not been just reliable; it’s been a great choice. While Bitcoin and Ethereum have had good and bad days, XRP just keeps going up.

It’s performed exceptionally well. If we look at the three-month chart, we’ll find it’s been from  $0.47 to $1.20. It’s not been volatile, it’s been very reliable (when compared to other big players, at least), and it’s been growing all the time. Fear, uncertainty, and doubt have not applied to Ripple at all.

How’s Ripple doing it?

Ripple has had many resources. It’s liquid and reliable and it is listed in more exchanges than any other coin. Its latest listing is UpHold. It has a platform that includes a digital wallet that caters to debit and credit card’s capabilities. It allows for users to do financial transactions among 34 different currencies, commodities and digital assets. It will even offer XRP/USD pairing. This makes the XRP platform a great option for liquidity.

Then there’s Japan’s SBI Holdings, a banking conglomerate that has adopted XRP as a currency and doing an exchange on it. SBI‘s CEO Yoshitaka Kitao has said that the exchange will be “Number one” once it goes public.

On the third place, Ripple has been gathering some fantastic partners in the banking industry. One, as we all know, is Santander (considered to be the world’s best bank right now), another one is BankDhofar from Oman.

They already have more than a hundred banking partners, and they are expected to get as many as two hundred this year. Ripple is becoming an industry’s staple, and that should not be ignored.

Last but not least: Ripple’s XRP is making remittance transference quick, cheap, safe and reliable. It’s becoming the street’s man’s currency, and it’s successful at that. Just a couple of days ago there was this Reddit user who explained how he used XRP to pay for a haircut. How could you possibly beat that?

So, despite the current ‘worrysome’ trend of the market, it’s still safe to bet on Ripple (in fact, a golden chance as it went down by almost 4% in last 24 hours – that’s a good chance to buy it cheaply now). XRP is growing slowly, but inevitably, it solves problems that matter for people in the streets by offering an option that can pay for everyday goods and services.

This all makes it an excellent choice in the crypto market. You should keep an eye open for Ripple’s currency; it’s working, it’s becoming a viable means of payment for people who are out of the banking world but who do own a cell phone. It’s making the financial world more democratic. It’s a force we should all take into account.

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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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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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