Many of the investors are looking for cryptocurrencies which can actually rise significantly in 2018. Most of the investors are looking at the lesser known cryptocurrencies or at the mainstream cryptocurrencies like Bitcoin or the Ethereum. The truth is that it can be Ripple which can be the dark horse cryptocurrency of 2018.
When you look at the number of clients which Ripple has signed up in order to use its protocol, you would find that the client list is consistently rising. Thus, the popularity of Ripple, as well as the uses of Ripple, is consistently rising as well. This is one of the main reasons why the cryptocurrency can increase significantly in 2018.
As compared to Bitcoin and Ethereum, the transactions of Ripple are concluded within a few seconds. This is one of the main advantages of Ripple. This is also the reason why it is slated to be one of the best payment processing solutions all over the world. Currently, banks, as well as other financial institutions, use much more expensive means to conduct cross-border transactions. Also, the time period which is taken by these protocols is also on the higher side. That is why Ripple is much better as compared to some of the other protocols which are currently being used as well.
Also, the clients which Ripple is adding are not just any other companies. They are some of the topmost banks as well. Owing to this very reason, it is important to understand that the popularity of Ripple is increasing by adding marquee client names. No other cryptocurrency has such clients under them. This is one of the main reasons why the value of Ripple can actually increase significantly.
Moreover, the CEO of Ripple as well as the development team is pretty confident that they would be able to add more and more clients consistently as well. This would ensure that they are able to increase the value of the token significantly.
With a proper application for the cryptocurrency, it is just a matter of time before the external investors as well as financial companies also understand the importance of the Ripple protocol and start investing in them. This would be a huge trigger for the token and the prize of the token would raise astronomically inspite of a 1000% rise in the last 12 to 18 months which has rewarded its investors.
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