Ripple Predictions for 2018 by top analyst ! Must know observations !
2018 Predictions for Ripple by top analyst !
A currency which is made to avoid the scalability and measurability concerns, and to provide a stable cryptocurrency to the banks or financial institute. This currency developed in 2012, to overcome the old SWIFT system, named as ripple. This cryptocurrency will soon play a payment processing part between the major financial institution and this is what makes it the top notch currency.
Some of major banks like UBS and Credit Agricole already started talking in language of Ripple. This is why major market investors and venture capitalist have invested in this currency, ripple have already become the 2nd largest cryptocurrency so far.
Some of top analyst predictions are below.
1. Ripple Coin hopefully will pass the 5$ barrier or may be even more
It was a about a month ago price of ripple was hovering on $0.2, but only in a month it reaches upto $3. Many reasons are there for the ripple predictions but the important is simply the supply and demand rule which will apply here, the more it gains the public interest more rise will be in price.
Furthermore as ripple replaces the traditional swift system because of its superior technology, banks are taking serious interest in it and soon major banks will be talking in these cryptocurrencies.
As now ripple becomes the second cryptocurrency which is having a big volume of money, coinbase are planing to add this cryptocurrency on their exchanges as well. As it will result a huge growth in the price for sure.
2. If Ripple will be the payment processor for financial institutions it may hit $20 soon !
As for now i think this will be a part of after 2018 but the speed of it growth shows that it can be happen in 2018. Because of its scalability and low transaction fees banks are preferring this method as of future of their industry. If banks started relying on ripple as their processor method then there will be no surprise that it will hit $20 soon.
Currently SWIFT system handles a 5 Trillion dollars transactions a day, as per the US treasury which means 1.25 quadrillion dollars in a single year. So now our prediction of $20 should be of no surprise if banking industry adopt ripple.
3. Ripple also have some disadvantages which can ruin the bright future
As ripple have many bright sides, but it have one major dark side which can be a bottleneck for it, that is its max volume will be 100 billion only. As bitcoin is having 21 million coins all in. So ripple to be used as banks payment processor more investors have to come on one page to sort out black holes. But chances are it will be sorted out.
Conclusion:
As per our observation if you are looking to invest some stable cryptocurrency then ripple should be your choice. just invest money in it, and forget it for a year at least then hopefully you will be in at least 200% profit or even more which can go upto 1000%. Ripple will be the future because of its scalability and fast transaction process as compared to Bitcoin which works on blockchain mechanism.
Good one !
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