Ripple’s value dove more than a quarter after Coinbase dismissed rumors that it would soon offer XRP trading.
Ripple, a new kind of payment system for banks rose an incredible 36,000% at the end of 2017. Ripple’s blockchain technology connects banks, payment providers and digital asset exchanges on its own ‘RippleNet’ network. Ripple offers an affordable and effortless experience to facilitate cross-border transactions for a wide range of different currencies and assets. XRP has raised tens of millions of dollars’ worth of investment which has made it popular in the eyes of big institutions like banks around the world. This 36,000% surge in growth generated rumours that the digi coin would be added to Coinbase, a digital currency exchange headquartered in San Francisco. However, the price of Ripple’s XRP token fell more than 25% after Coinbase announced that it would not offer the coin on its trading platform. More here
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Ripple has eliminated this and made sure that every transaction involving their coin would always have a fee of XRP.
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Is Ripple the New Bitcoin?
ReplyDeleteRipple’s value dove more than a quarter after Coinbase dismissed rumors that it would soon offer XRP trading.
Ripple, a new kind of payment system for banks rose an incredible 36,000% at the end of 2017. Ripple’s blockchain technology connects banks, payment providers and digital asset exchanges on its own ‘RippleNet’ network. Ripple offers an affordable and effortless experience to facilitate cross-border transactions for a wide range of different currencies and assets. XRP has raised tens of millions of dollars’ worth of investment which has made it popular in the eyes of big institutions like banks around the world. This 36,000% surge in growth generated rumours that the digi coin would be added to Coinbase, a digital currency exchange headquartered in San Francisco. However, the price of Ripple’s XRP token fell more than 25% after Coinbase announced that it would not offer the coin on its trading platform.
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Thanks for sharing this informative post....!
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