Bitcoin Started At $0 And Reached $20k, Can XRP Ever Hit The Predicted $589 Price Level?
XRP, the number three cryptocurrency by market capitalization has not had it easy in 2019 despite the current market recovery. It is quite a challenge for the cryptocurrency and its holders as the future growth of the asset remain uncertain. Some analysts even say it is not likely that XRP will exceed a few hundred dollars at the highest attainable price.
However, an early cryptocurrency adopter Crypto Bitlord says XRP has the potential to hit $589 in the future. He compared XRP to how Bitcoin started, saying “Bitcoin started at $0.00 and it went to $20,000!” and the same future awaits XRP. See more for yourself here. (https://zycrypto.com/bitcoin-started-at-0-and-reached-20k-can-xrp-ever-hit-the-predicted-589-price-level/)
To compare XRP against Bitcoin I think it's not right, they're of different technology and purpose. "Bitcoin operates on a public blockchain ledger that supports a digital currency used for payment for goods and services, while XRP is mainly a payment settlement, asset exchange, and remittance system that works more like SWIFT, a service for international money and security transfers that is used by a network of banks and financial intermediaries." According to investopedia.com.
Bitcoin Started At $0 And Reached $20k, Can XRP Ever Hit The Predicted $589 Price Level?
XRP, the number three cryptocurrency by market capitalization has not had it easy in 2019 despite the current market recovery. It is quite a challenge for the cryptocurrency and its holders as the future growth of the asset remain uncertain. Some analysts even say it is not likely that XRP will exceed a few hundred dollars at the highest attainable price.
However, an early cryptocurrency adopter Crypto Bitlord says XRP has the potential to hit $589 in the future. He compared XRP to how Bitcoin started, saying “Bitcoin started at $0.00 and it went to $20,000!” and the same future awaits XRP. See more for yourself here. (https://zycrypto.com/bitcoin-started-at-0-and-reached-20k-can-xrp-ever-hit-the-predicted-589-price-level/)
To compare XRP against Bitcoin I think it's not right, they're of different technology and purpose. "Bitcoin operates on a public blockchain ledger that supports a digital currency used for payment for goods and services, while XRP is mainly a payment settlement, asset exchange, and remittance system that works more like SWIFT, a service for international money and security transfers that is used by a network of banks and financial intermediaries." According to investopedia.com.
Bitcoin and ripple both are different but both are cryptocurrencies.ripple is not decentralized platforms so many governments trying to use ripple not only that lot of big banks are using ripple technology although still ripple maintaining third and fourth market capitalization in cryptomarket so I think $589 is impossible prediction.
Bitcoin Started At $0 And Reached $20k, Can XRP Ever Hit The Predicted $589 Price Level?
XRP, the number three cryptocurrency by market capitalization has not had it easy in 2019 despite the current market recovery. It is quite a challenge for the cryptocurrency and its holders as the future growth of the asset remain uncertain. Some analysts even say it is not likely that XRP will exceed a few hundred dollars at the highest attainable price.
However, an early cryptocurrency adopter Crypto Bitlord says XRP has the potential to hit $589 in the future. He compared XRP to how Bitcoin started, saying “Bitcoin started at $0.00 and it went to $20,000!” and the same future awaits XRP. See more for yourself here. (https://zycrypto.com/bitcoin-started-at-0-and-reached-20k-can-xrp-ever-hit-the-predicted-589-price-level/)
To compare XRP against Bitcoin I think it's not right, they're of different technology and purpose. "Bitcoin operates on a public blockchain ledger that supports a digital currency used for payment for goods and services, while XRP is mainly a payment settlement, asset exchange, and remittance system that works more like SWIFT, a service for international money and security transfers that is used by a network of banks and financial intermediaries." According to investopedia.com.
Bitcoin and ripple both are different currencies different technologies ripple is supporting banks related centralized platforms but BTC is decentralized platforms so XRP is not equal to BTC and all prediction don't work 100% today the price of the ripple is $0.26 this year or next year this coin will cross $1.
Bitcoin Started At $0 And Reached $20k, Can XRP Ever Hit The Predicted $589 Price Level?
XRP, the number three cryptocurrency by market capitalization has not had it easy in 2019 despite the current market recovery. It is quite a challenge for the cryptocurrency and its holders as the future growth of the asset remain uncertain. Some analysts even say it is not likely that XRP will exceed a few hundred dollars at the highest attainable price.
However, an early cryptocurrency adopter Crypto Bitlord says XRP has the potential to hit $589 in the future. He compared XRP to how Bitcoin started, saying “Bitcoin started at $0.00 and it went to $20,000!” and the same future awaits XRP. See more for yourself here. (https://zycrypto.com/bitcoin-started-at-0-and-reached-20k-can-xrp-ever-hit-the-predicted-589-price-level/)
To compare XRP against Bitcoin I think it's not right, they're of different technology and purpose. "Bitcoin operates on a public blockchain ledger that supports a digital currency used for payment for goods and services, while XRP is mainly a payment settlement, asset exchange, and remittance system that works more like SWIFT, a service for international money and security transfers that is used by a network of banks and financial intermediaries." According to investopedia.com.
I do not know anything about this because in cryptocurrency market everything is possible. But for ripple it needs time to achieve this milestone. Let's see what it brings in the near future.