Quick fact: Ripple (XRP), which began its origin in 2012, plays both the role of a payment platform system and cryptocurrency (XRP) it also enjoys the support of leading financial institutions around the world that include Standard Chartered, Barclays, Sumitomo Mitsui Financial Group, Bank of America.
Don’t forget that XRP, the fourth most widely used crypto-asset behind Bitcoin, Ethereum, and Tether, had recently gotten the attention of the world’s biggest economy for money remittance.
U.S Consumer Financial Protection Bureau, which plays a major role in protecting America’s consumers in the financial sector, recently acknowledged Ripple by saying that it would seek continued growth and expanding partnerships with companies such as Ripple.
We all are aware that, last few months have been pretty wild for large groups of altcoins with a rise in interest, narratives, and volume. One altcoin that usually gives at least 1 pump during a time like that is $XRP. But not this year…it’s been dropping all of 2020…
[XRP’s drop to .000015 BTC] worked well in 2017! I would enjoy that chart so much that it’s worth hearing the ripple army for another few years if that plays out as bottom before [it pumps] again.