Some investors who purchased bitcoin back in few month or year ago, got rich. And it can make investors to more rich as its price is continues to rise to make new records. But unlikely, large percentage to boom price is not easy.
According to coinmarketcap on Thursday, 04pm
Still ripple is trading below to 1$. And there some experts believe that it could be the next btc Bitcoin, one day.
Craig Cole Believes Ripple to be next Bitcoin
One of crypto expert is Craig Cole of CryptoMaps, he also believe and said,
“Ripple just might be the catalyst in making cryptocurrency more mainstream.”
Its astonishing features like lower fees and faster transaction system make it best option for financial systems to welcome the digital currency. Ripple is best and excellent option for financial company or institutions to save more money and it is only expected to become more common in payment flows. The virtual currency is down after a great touch to $4 and has still potential to be the first token. And if it does, expect XRP ripple to reach Bitcoin levels common in public near in the future.
Associate Director ITRC, John-Paul McCaffrey, Long Island University also believes. McCaffrey says, “Although currently there isn’t a platform to exchange fiat currency for Ripple (XRP) this may change sooner than you think. There is speculation that Coinbase will be adding this to their list they have available for fiat exchange. Providing easy liquidity through Coinbase alone will attract new interest in XRP.”
Also recommended for you: Why Ripple Xrp Price not Going Up And What Expert Says
Roman Guelfi-Gibbs CEO, Lead Systems Designer for Pinnacle Brilliance Systems Inc. says it will take time.
“Ripple certainly has the potential to move up a notch in 2018, but I think it will be more likely in 2019. It will take some time for the markets to digest this, so I am projecting 2019 to be the likely time for it to take place. Of course, with crypto, anything can happen, so watch closely.”
President of Global Block Chain Technologies also believes Bright future of Ripple
Shidan Gouran, president of Global Block Chain Technologies says,
“Ripple is unlikely to go up by one or two notches in the cryptocurrency world in 2018, and this is the case for three reasons. The first reason is the sheer dollar volume that separates each of the three currencies in the top positions, in terms of their market cap. Bitcoin is at over $191 billion, Ethereum is at over $84 billion, and Ripple is at over $35 billion. The second reason is that the use cases for Ripple are mostly for the trade of assets, not for day-to-day spending. As consumer awareness of cryptocurrencies will rise significantly in 2018 and beyond, the interest of the masses will be on cryptocurrencies that can be used as currencies, not just for investment transactions. Finally, the third reason is that because Ripple cannot be bought with fiat currencies, one must purchase existing cryptocurrencies such as Bitcoin and Ethereum to purchase XRP.”
“This goes on to feed demand for Bitcoin and Ethereum, and will only solidify their positions as the top two cryptocurrencies on the market. Ripple will continue to deliver value, as it has demonstrated a unique set of abilities to facilitate transactions that is clearly in demand. But it does not stand to surpass the market cap of Bitcoin or Ethereum in 2018.”