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July 09, 2018 @ 09:51 +03:00
Ripple is one of the largest cryptocurrencies by market cap. With such a large market cap, many of the investors are trying to figure out whether the Ripple can rise more during this calendar year. Ripple has fallen all the way from $ 4.5. Most of the cryptocurrency experts believe that not only, it will be able to reach those peaks but it will also be able to create new highs as well. That is why many of the cryptocurrency experts believe that it will be a good investment opportunity. With the current market cap being around that high, the room for improvement is pretty high.
Ripple is consistently adding new clients. Ripple is not just adding new clients but marquee name clients as well as banks all over the world. Moreover, many financial institutions are also using the Ripple protocol in order to transfer money from one part of the globe to another. This is the reason why Ripple is actually pretty undervalued currently. In the coming future, as it gains newer and newer clients, the Ripple will be able to increase its market cap and value significantly most probably.
Keeping all of these factors in mind, many of the cryptocurrency experts from different sources like fxstreet, express.co.uk, investingpr believe that Ripple can end the year around more than triple or 3-5 dollars. This will almost be a 10-time rise from the current levels. They say this is the reason why it is one of the best investment opportunities of this very year. If indeed, it can rise to $ 8-$ 10, the market cap of Ripple will be around for 20. Even though in the present scenario, it might seem like a lot and even more than Bitcoin but the price predictions for Bitcoin in 2018 are also pretty bullish. This is the reason why the market cap of Bitcoin will be even higher during the 2nd half of this calendar year.