Litecoin is one of the first open-source altcoins based on the original Bitcoin code. It was initially a strong competitor to the first cryptocurrency. However, as the cryptocurrency market expanded, Litecoin’s popularity gradually declined.
Digital currency that can multiply your investments
Today we will talk about the cryptocurrency that ranks third in the world ranking – XRP. Apparently, Ripple plans to repeat the success of the forefather of all currencies – Bitcoin, which almost doubled from $5,000 to $9,000 in a month.
Over the month of May, XPR raised the mark from $0.3 to $0.45, i.e. grew by half. However, experienced cryptocurrency traders are sure that the real boom has not yet begun. A dizzying success awaits Ripple in the near future. Note that at a time when the digital market was frozen, XPR was pouring into global financial institutions at a decent pace.
In some respects, Ripple is much better than Bitcoin. Take, for example, the speed of a transaction and the advancement of technology to the state level.
The peak of cryptocurrency popularity came in 2017, when its value increased by an unrealistic 25,000%. Ripple holds the record for the number of micropayments – 118 thousand transactions were recorded on December 29. The growth in popularity could be facilitated by the integration of payments into Skype, Gmail and Microsoft Outlook.
Based on the altcoin upsurge due to BTC surges, investors are once again ready to fill their portfolios with investments in XPR. What do you think, will Ripple be successful?
Other news on this topic:
Ripple (XRP) has almost tripled in price over the past week
