Ripple cryptocurrency is a medium for converting any currency instantly into any other one, without relying on a central exchange.Therefore it has the potential to have more trade from all the existing currencies.
Ripple is a decentralized solution for banks and financial institutions and the transaction cost of this currency is also very less.Since 505 of it is controlled by the compony and has decided not to realease them very soon therfore there will be less number of coin available for trading which will boost up the price. It is being traded in 30 exchanges . And banks like standard chatered bank,UBS etc are its partner and also Indian bank like |YES BANK.
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I've been poking around looking at this since I decided to just take the leap into crypto. I see it mentioned everywhere, and I see it's top is .42 cents. That's good odds if buying in at .20 if it ever goes back, but I mean.... how high could this coin rise?
Does it have potential to go to $5....$50? I still have no idea how any of this works.
Cheers.
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