A Ripple price prediction for gains of 840% in 2018 shows just how much of an impact this cryptocurrency could have on the global financial system.
The goal of the Ripple project is to create nothing less than an “Internet of Value” – a system that allows almost any asset to be transferred over the Internet as easily and quickly as a text message, photo, or video.
That’s why Ripple (XRP) made the biggest gains of any cryptocurrency last year – bigger even than market leaders Bitcoin and Ethereum. The Ripple price soared 35,000% in 2017, from a miniscule $0.006386 to $2.25.
And the Ripple train has continued to barrel full steam ahead in 2018, as these new price predictions show…
These Ripple Price Predictions Anticipate Big Gains
Two major remittance companies – MoneyGram International Inc. (Nasdaq: MGI) and The Western Union Co. (NYSE: WU) – announced this year they had started testing Ripple for its potential to streamline their money transfer businesses.
The good news for investors is that the Ripple price, fueled in part by last year’s monster cryptocurrency rally, went way too high way too fast. The XRP price has corrected 83% from its all-time high in January of $3.77. Today, the price of Ripple is a more reasonable $0.65.
That’s a good thing for investors, since buying Ripple now will yield bigger gains as it hits targets beyond January’s high.
Finder.com‘s current consensus Ripple price prediction for the end of 2018 is $6.13 – an 840% gain from today’s XRP price.
Read more at:
www.moneymorning.com
