Before Moving toward anything is important to know that what is Ripple and why it becomes more famous among people.
What is Ripple Cryptocurrency?
Ripple is one of the best protocol that was created to transfer money instantly from one location to another location around the globe. It is another cryptocurrency that comes to complete the transaction of money really faster and in a convenient way. The transaction of money will be completed by using “XRP” which is a platform’s token.
So in this way, it will be able to complete the transaction all over the globe almost instantly without any delay. If you compare the fee of Ripple with other ways of the transaction such as banks, you will found it less. Even the fee of this network is also less than the other cryptocurrencies, which is one of the best points of Ripple networks. Due to this reason, Ripple is continuously gaining fame among people around the world.
It is really important to know that now there are many banks that provide you an opportunity to make a transaction of money by using the Ripple protocol. This is done in order to make sure that they are providing an international transfer of money to their customers without any delay.
However, as you know that the fee is less for the transaction through Ripple network, so it will be beneficial for all the users. Also, the decreased time will ensure that the banks are able to use the IT infrastructure as well as networks more efficiently.
Price Predictions of Ripple Network:
Prediction of a cryptocurrency is one of the most difficult tasks, especially now a day because the trend of the market is changing continuously. SO, in this case, it is complicated to predict the price of Ripple protocol for the year 2018.
Some major events become a cause of problem over there. The first and main issue of 2018 is the G-20 meeting in Argentina. It is a global meeting and all top twenty countries are included in it.
There is a debate which is sponsored by the Government of France and Germany about cryptocurrencies. There is a fear that this discussion in the meeting of G-20 can be the first thing towards cryptocurrencies global regulation.
It is just because of the big events such as the meeting of G-20 that provide a prediction about Ripple price in 2018 which become more difficult.
Moreover, some people are brave enough to predict the price of Ripple in the year 2018. Here is some more prediction around the Ripple Price.
According to RippleCoinNews, It is the 2nd largest site of the Ripple news. According to them, 2018 can be a smooth year for Ripple. They are saying that technologies, performances, and partnerships can see XRP rise to the $8 to $10.
According to MetroNewspaper, It is the biggest newspaper in UK. They predict that the price of Ripple can fall to $0.22 to $28.
According to DailyExpress, It is another biggest newspaper in the UK. According to them, the XRP can skyrocket in the year 2018 with the token price of XRP which can be $5.06 by the month of December 2018.