Connect with us

Ripple

Introducing the XRParcade Tipper

Published

on

It has almost been 5 months since XRParcade was created. Since then, we have tried to enrich it with more content and bring our (and the community’s) ideas to life.

One of our ideas was the creation of an application that would incentivize users to visit websites or perform specific tasks (like completing a survey, watching a video or reading an article) by earning small amounts of XRP. This way, websites can increase their visitor count and users can earn a few drops of XRP. This feature is similar to the “faucet” faction that already exists with various other cryptocurrencies (mainly Bitcoin). However, such faucets usually require the user to accumulate a minimum amount of Satoshis (fractions of a Bitcoin) before being able to withdraw to their own wallet. Moreover, the cost of transferring one’s earnings is usually too expensive. This is not the case with XRP.

It is with our great pleasure that we announce the beta release of our Tipperapplication. The Tipper application utilizes Wietse’s XRPtipbot, a very popular bot/app that is being widely used by the XRP community. The reason we chose to use the XRPtipbot is not only because it is already very popular but also because users can withdraw their XRP at very little cost and at great speed. Essentially, a user could earn 0.001 XRP by visiting one website and instantly withdraw it to his personal wallet.

Website owners can use the Tipper to attract traffic to their website or a specific page they wish to promote. They can set the amount of XRP they wish to tip, the frequency (tip every user only once or once every x amount of time) and the task (visit the website, complete a survey, view a video, etc). And this is just the beginning!

We will be testing the Tipper on one of our new sections on XRParcade, the demographics. We have prepared a few questions, addressed towards the XRP community, in order to learn more about the people that believe in XRP, their aspirations and targets. Visitors will be able to claim 0.001 XRP if they visit our demographics page. They will be able to claim it even without completing the survey, although we would appreciate it if they did.

We will be thoroughly testing the Tipper and continue to build on it, thus enabling one more usecase for XRP.

News Source: XRP Community Blog 

Ripple

Ripple (XRP/USD) forecast and analysis on September 19, 2019

Published

on

Cryptocurrency Ripple (XRP/USD) is trading at 0.3047. Cryptocurrency quotes are trading above the moving average with a period of 55. This indicates a bullish trend on Ripple. At the moment, cryptocurrency quotes are moving near the upper border of the Bollinger Bands indicator stripes.

Ripple (XRP/USD) forecast and analysis on September 19, 2019

As part of the Ripple course forecast, a test level of 0.3000 is expected. Where should we expect an attempt to continue the growth of XRP/USD and the further development of the upward trend. The purpose of this movement is the area near the level of 0.3240. The conservative buying area for Ripple is located near the lower border of the Bollinger Bands indicator strip at 0.2560.

Ripple (XRP/USD) forecast and analysis on September 19, 2019

Cancellation of the option to continue the growth of the Ripple rate will be a breakdown of the lower border of the Bollinger Bands indicator stripes. As well as a moving average with a period of 55 and closing of quotations of the pair below the area of ​​0.2500. This will indicate a change in the current trend in favor of a bearish for XRP/USD. In case of breakdown of the upper border of the Bollinger Bands indicator bands, we should expect acceleration of the cryptocurrency fall.

Ripple (XRP/USD) forecast and analysis on September 19, 2019 implies a test level of 0.3000. Further, growth is expected to continue to the area above the level of 0.3240. The conservative area for buying Ripple is located area of 0.2560. The cancellation of the option of cryptocurrency growth will be a breakdown of the level of 0.2500. In this case, we should expect the continuation of the fall.

News Source

Continue Reading

Ripple

Ripple moves 10M tokens from its OTC Distribution wallet as XRP goes through the roof

Published

on

Even though a majority of cryptocurrencies in the market record sideways price trends amid whale movements, the movement of Ripple’s XRP has maintained an upsurge trend this time.

According to information availed to the crypto community by Twitter Bot, Whale Alert, 10,000,000 XRP tokens have been transferred from Ripple Otc Distributed wallet to an unknown destination. This is one of the most significant transactions that have been processed in the last few days and registered on Ripple’s blockchain. The transaction was worth 2,863,641 US dollars at current prices.

Even though a majority of cryptocurrencies in the market record sideways price trends amid such whale movements, the movement of Ripple’s XRP has maintained an upsurge trend this time.

Coming back to the whale moment, the 10,000,000 XRP transaction was carried out over Ripple’s blockchain technology for a transaction charge of 0.000012 XRP that is worth about 0.00000362 US dollars. The block height of the transaction was #50106844.

The significant XRP transfer was carried out in 12 drops between the funding wallet address rMaV5QT2ZCwVFArQ7sdQMxhtzg6mgqJ47h and the receiving one being rEFtdHuyxgUjDL4t3gBsesQwHtnDy2W8rC, with a timestamp of 23:50:30 UTC on 17th September 2019.

Ripple Investors Discontent with Firm’s Spending

This is not the first time the Ripple (XRP) community has got its arms up complaining about the company’s flagrant spending.

Not too long ago, a Twitter user who goes by the handle @CryptoBitlord started a campaign on Change.org petitioning crypto followers to force Ripple Labs into stop dumping its default virtual currency. Through the petition dubbed Stop Ripple dumping, @CryptoBitlord has managed to garner over 3,000 signatures, a relatively impressive number considering the population of the XRP community. The target of the petition stands at 10,000.

According to the author of the petition:

“The only logical explanation that is evident to us is that Ripple Labs are dumping on us. The dumping is so large that it accumulates to billions. We need to stop this right now.”

According to the petition, the recent dismal performance in the price of Ripple’s default virtual currency, XRP, can solely be attributed to Ripple’s dumping of billions of XRP tokens to the market.

The San Francisco based fintech company, Ripple, still almost half of the total XRP supply in Ripple Otc Distributed wallet and sells a small portion once in a while. Also, Ripple holds the majority of XRP tokens in escrow.

Earlier this month, 3,500 million XRP tokens were transferred from Ripple’s escrow account, as it has become the norm, inciting fears of growing dumping.

XRP trades at $0.3135 after going up by 8.17% in the last 24 hours. Ripple’s native cryptocurrency remains the third most significant digital asset in the world with a total market cap of $13,497,915,967.

Ripple’s Alleged Dumping to be Met with Persistent Fork Threats

It appears the cries of Ripple community members are falling on deaf ears following their rage and annoyance of the company’s spending and excessive liquidity injection.

According to crypto analysts, Ripple’s continuous dumping and excessive liquidity injections are the factors to blame for the token’s downward price pressure in recent time. In other words, crypto followers are up in arms claiming XRP dumping benefit the fintech company alone but hurts the coin’s investors.

In their response, Ripple Labs claim the reason behind the company’s colossal selling of XRP tokens is to get capital to fund its operations and allow them to invest in several companies that have the potential to yield high returns back to the XRP ecosystem.

Recently, Ripple signed an agreement with the 8th largest bank in the US, the PNC — a deal that will see the bank utilize Ripple’s blockchain-powered international payment solution product, the xCurrent.

At present, the Ripple network has over 200 partners around the world comprising of banks, financial institutions, and payment providers.

It is estimated that Ripple owns about 60 billion of the 100 billion XRP tokens in existence. Currently, the world has seen the circulation of about 43 billion XRP tokens with Ripple releasing 1 billion XRP coins from its escrow account every month.

News Source

Continue Reading

Ripple

Ripple: XRP flies upwards, first target is at $0.33.

Published

on

  • The strength of the XRP is stunning after many weeks of weakness.
  • If XRP pierces the $0.34 level upwards, it can fly towards $0.50.

XRP is rallying quickly during the early hours of the U.S. trading session to $0.325.

The primary objective is now very close to the price level of $0.33, where the simple moving average of 100 periods converges with a strong level of price congestion resistance.

Above this critical obstacle, the simple average of 200 periods awaits at $0.34. Breaching this level would give the definitive bullish signal that could push the XRP price straight towards $0.50.

It is very likely that sellers will show up at current and higher levels, as profitability from lows is considerable.

News Source

Continue Reading
Open

Close