Ripple Struggles to Retain it’s Glory

The year 2018 was a lucky one for Ripple (XRP) while it was a turbulent one for the whole of the crypto verse, with Bitcoin and Ethereum faring unexpectedly low. Ripple is expected to do well in this year as well as it continues to take initiatives to unite people, banks and other businesses by creating a stable and speedy network which aims to look forward to benefiting the employees and the employers while dealing with a considerable amount of money. Ripple dreams of transacting a much larger amount of money with a Central bank or a private investor by its side.

It had been not long that XRP had partnered with the National Bank of Kuwait along with several banks in Saudi Arabia and the United Arab Emirates. Partnered together, they would be creating a technology that would help the business and personal transactions to take place effectively.

Ripple’s head of worldwide infrastructure innovation Dilip Rao explicated that the migrant workers from all over the world would be valued, in a conference. He said:

“If you’re sending money for blue collar workers, this often can be a small amount of money, $200, and the fees for these kinds of small payments can be as high as 5 to 10%. So, this is actually hurting the people who can afford it the least.”

Even though Ripple failed to hold the second position that it had acquired, replacing Ethereum (ETH), the last year, it is still glorified and has the loyal users by their sides. One of the Redditors had posted:

“Well that was a crazy year! Whether you were baited by the price predictions or were ‘in it for the tech’ I hope we have a successful year in crypto. Well…I should say ‘Digital Assets’ thanks to the UN :3

There has been some real solid groundwork laid throughout 2018. Brad Garlinghouse is a bullish as ever and regulation, that door holding back the flood of Institutional adoption, is slowly creaking open inch by inch.”

XRP is currently trading at $15,252,051,923, priced at $152.63 and a circulating supply of 40,794,121,066. It had been trading in green at the rate of 0.32% at a weekly scale and at 4.95% for the last 24 hours. It is, however, faring low at the rate of 0.08% for the last one hour and is scripted in red.

With Ripple losing its second position in the crypto market, there has not been a decrease in the craze for it. The users deserve a larger success and are ready to support Ripple unless it soars higher up. Having proven it’s potential already, it is expected to aim for greater performance and contribute largely to the crypto market.

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