Ripple (XRP) is one of the best performing digital currencies in the market, and it is ranked 3rd based on market cap. Ripple (XRP) is considered one of the best cryptos when it comes to long-term investments due to its large transaction volume and low token price.
Nevertheless, over the past few weeks, the digital currency has not been performing as well as it used to due to the bearish trend in the market.
Ripple Price Today: Current Price of XRP
Despite the pressure of the bears in the market lately, Ripple (XRP) has been able to increase by 0.8 percent in the last twenty-four hours, and it is currently trading at 47 cents. The digital currency boasts of a market cap of $20.14 billion and a trading volume of $224.78 million in the last twenty-four hours.
Ripple (XRP) Price Prediction
Digital currency analysts from all over the world have predicted that Ripple (XRP) will exceed its highest value of about $4 by the end of 2018. As seen from last year, all the digital currencies in the market saw a significant increase in their values during the last quarter of the year.
The last three months of 2017 proved to be highly favorable and profitable for almost every digital currency in the crypto market, where most of them got to their all-time highs. If a similar trend occurs again this year, not only will Ripple (XRP) touch its all-time high, it could also touch the $5 mark.
Why the Value of Ripple (XRP) Will Surge in the Coming Months
The Ripple community is growing every day, and the firm is adding new clients to it. Also, a lot of financial institutions and banks are considering adding Ripple as a means of withdrawal and payment all around the world.
As its adoption, community, and partnership increases, the coin will also grow to be the first choice of investment for digital currency investors, and this will help to increase the value of the coin.