Prediction: XRP (Ripple) Will Be Worth This Much in 5 Years
History suggests XRP could soon fall below $1.
Overview
The XRP (CRYPTO: XRP) cryptocurrency was created in 2012 by a company called Ripple. It was designed to standardize transactions on the Ripple Payments network, which lets banks send money around the world instantly, and with nominal fees.
XRP soared to an all-time high of $3.65 per token last year, but it has since lost 70% of its value and trades at just $1.09 as of July 17. To be clear, the entire crypto market has suffered a steep decline during the same period, but XRP is contending with some structural issues that might be difficult to overcome.
Details
Here's where the token could be trading five years from now.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.