WRITTEN BY
Chelsea Gohd
IN BRIEF
2017 was a year of meteoric successful milestones for Ripple (XRP), which is starting 2018 exceeding the $2 mark. At the height of its latest surge, it briefly surpassed the value of its competitor, Ethereum.
RIPPLE’S RISE
In 2017, cryptocurrencies rose from a novel, yet perhaps promising, concept that only a few heavily supported to a booming industry that some believe has the power to rectify the Venezuelan financial crisis. Bitcoin has clearly been leading the pack in terms of both popularity and market value, but ethereum and ripple aren’t far behind. Ripple (XRP), in particular, has had a meteoric year: among the crypto’s most recent success, XRP price is doubling and has now exceeded the $2 mark.
The blockchain-based payment was built for financial institutions and banks to settle and complete transactions more quickly, affordably, and with increased security. A network that launched in 2012, ripple originated in concept as early as 2004 — before bitcoin even existed.
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WRITTEN BY Chelsea Gohd IN BRIEF 2017 was a year of meteoric successful milestones for Ripple (XRP), which is starting 2018 exceeding the...
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