This year the company Ripple and its crypto currency XRP had a lot going on: The violent crash in 2018 brought worry lines on the forehead of followers and investors. From more than three dollars per coin in the meantime, it went down to below 0.30 USD by December.
However, the crypto currency recovered in December 2018 and numerous new partnerships and projects were concluded. Where is the journey going in 2019? The XRP forecast looks promising. But is 500 US dollars per coin really possible (spoiler alert: definitely NOT). The forecast.
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Our XRP Price Prediction for 2019
XRP, as the rest of the market, is tied at the hip of bitcoin’s price action. If bitcoin embarks on another bull run, XRP can hope for one as well. Since that is very unlikely, don’t expect much to change for XRP price-wise in this year. So 2019 will be a year of boring sideways action with minor bitcoin ignited jumps and slumps.
To summarize, Bitcoin is the focal point of the crypto market in many ways, and with BTC trading pairs on every exchange, the gravity of Bitcoin is hard to evade.
XRP in 2019 will probably keep stagnating price-wise, since the coin lost a lot of value and there is no sign on the horizon of any change in luck for the Ripple token. Price will very likely stay below $.50 per token.
XRP price prediction in 2020
This Ripple price prediction wouldn’t be complete without a short forecast on the upcoming year. Barring no major shifts in broader market, former and current strategy of Ripple that tried to buy the hype and artificially prop up the price of XRP seems to be waning and tapering off. Some real results and usage is needed if we are to see XRP crossing the $1 again.
That is unlikely in our eyes but to emphasize: no one can foresee a black swan event like a huge worldwide recession and another crazy bitcoin run that might shuffle the outlook of all cryptocurrencies, including XRP. In that case, anything is possible.
Realistic XRP Price 2019 & 2020
Anything between $0.30 and $1 is fairly realistic price prediction ripple can get. The $1 is the ceiling for XRP that could be reached should the whole market embark on another crazy bull run. To narrow it down a bit – $0.30 to $0.60 is probably the most likely zone for XRP for the upcoming months and potentially years.
The XRP prediction for the 2023 – 2025 – 2030
As for XRP long term future prediction: it is one of the trickier to assess. The Ripple company seems to have a good business model (selling XRP tokens to finance brand building and partnership acquisition) and its future appears to be very bright from this standpoint.
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However, XRP tokens are highly disputed in the whole story. What is XRP connection to Ripple? It is a multifaceted answer and depends heavily on who you ask. Ripple works hard on distancing itself from the XRP token, even though it is and has been its mother lode since its inception.
The use case for XRP is viable, however, it is easily replicable by other major institutions like JP Morgan and co. So, there is a big vector attack on that end.
There is also the velocity problem for XRP tokens which, in essence, tells us that even if there are a lot of XRP transactions and half of the world starts to use XRP for value transfer – there is no clear path for value increase of individual XRP tokens. Read more about it here.
All of this means one thing: XRP has speculative value right now and it will have it for the forseeable future. However, real value that is not bought by marketing gimmicks of its parent company will be very hard to accrue.
XRP short term future is a goldmine for speculators – but dangerous play for risk averse investors. The later ones are better off if they invest in bitcoin.
Market XRP price prediction 2019 & 2020
There are numerous sites that have predicted potential future price targets. The truth is: No one can really know. You can only get close to a goal by good arguments and numbers.
The experts of investinghaven.com in their Ripple price prediction article expect that the coin can rise up to 20 dollars within one year. That sounds better. But what arguments can they put forward?
Thus the authors say that the XRP gains in value, because one can settle thereby world-wide payments in the future. Every year, about 30 billion US dollars would only be incurred in fees for international transfers and currency exchanges. The Ripples system could save about $16.5 billion. And it would do so every year.
The company is also planning another application called Xpring. This will allow even more people to work on the blockchain and use the coin. Goods will also be developed and traded on the Blockchain. The authors attach great importance to this and think that the bank crypto currency will become the number one in its field, similar to the large platform companies Facebook, Amazon and Google.
And this platform or network effect is likely to cause further increases in forecasts for the crypto currency. These platforms function according to one principle: The winner takes it all.
The experts thus arrive at a forecast of 20 USD. In support of this, they take the long-term chart. If this is continued into the future, an XRP coin could actually cost USD 20 next year.
Oracle Times Ripple Price Prediction
Oracle Times is a small media publication focused on cryptocurrency industry. In their article about price prediction, ripple token got an eyebrow raising mention: a ludicrous idea that XRP might surge as much as 2000%, and they mentioned it could be possible only if Ripple becomes the best choice for cross-border payments by financial institutions. The cross border transactions account for around $9.8 trillion.
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Ripple Price Prediction 2021
By 2021, we should see if cryptocurrencies have some future or not. The fate of the whole industry will depend on bitcoin. If bitcoin penetrates the traditional finance markets, some of the altcoins might slip through the cracks into it alongside the king.
Putting a precise number out is really not serious but some have done it – $2 for one XRP in 2021 is often quotes a reality.
Ripple Price Prediction 2025
As per diverse online forecast websites, the price of 1 Ripple (XRP) will be around $4.52 in 2025.
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I would actually be immensely surprised to see XRP in its current shape and form be live and kicking in 2025.
Ripple Price Prediction 2030
Again, shady and low reputation online sites predict ripple price in 2030, and tell us that XRP might reach $17.0576. Just to remind you – 2030 is 11 years away – do you really think that some algo or a human being can predict anything that much into the future?
I thought so.
Frequently Asked Questions
1. Will XRP reach 100 USD?
Simple answer – extremely unlikely. Getting to $10 is a pipedream, $100 is as likely as Sun coming out on the west.
2. Can you mine XRP?
No, XRP ledger has a special consensus algo that keeps it live and transparent – read more about it here.
3. How do you buy XRP tokens?
4. How much will XRP be worth in 2020?
Most likely below $1. Very unlikely to be above $1.
6. Why is XRP going down?
Crypto is a rollercoaster – going up and down in strong, sharp, sudden moves. XRP is part of that crazy ride so that is why it is going down. Or up, depends when do you join the circus.
What does the final forecast look like – is Ripple price prediction something to take seriously? You definitely should not invest your money based on something your read on the internet. Basically, no one can say exactly where the coin is going. However, it seems that there are many more positive opinions than negative ones.
Voices that appear from time to time claiming XRP will go to $20 or even $500 should be ignored. That seems to be a pipe dream and illusion manifestation by the predictors. Even reaching the current all time high is probably out of question for XRP in the next 12 months.
CaptainAltcoin’s writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com
Oxford Joins Ripple’s UBRI As Kyoto University Fires Up XRP Validator
An entrepreneurship center at the University of Oxford says it’s joining Ripple’s University Blockchain Research Initiative (UBRI).
On its LinkedIn page, the Oxford Foundry announced its plans to join the initiative.
“The Oxford Foundry has announced its plans to tackle the growing technology skills gap in the UK with a new partnership with leading blockchain technology provider Ripple and its University Blockchain Research Initiative (UBRI).
Through the Foundry’s new Tech Series, up to 1,000 University of Oxford students from across all Oxford colleges and divisions will be given the opportunity to gain new skills in blockchain, AI and machine learning across different industries. Students will also be given the opportunity to learn how to code in Python and build smart contracts.”
The Foundry was created by the University of Oxford’s Saïd Business School to give students a way to “co-create, collaborate and build solutions to global challenges.”
It includes a startup accelerator that offers pre-selected startups a place to build their projects and collaborate.
Ripple formed the UBRI in June of 2018 to collaborate with top universities around the globe to accelerate academic research, technical development and innovation in blockchain, cryptocurrency and digital payments.
Kyoto University, which joined the initiative this summer, launched an XRP validator last week that will help the network verify and process transactions on the ledger.
Oxford Foundry Joins Ripple’s UBRI for New Tech Series Aimed at Blockchain Learning
The Oxford Foundry, which serves as an entrepreneurship center at the University of Oxford has announced the news about its strategic partnership with globally reputed blockchain technology services provider Ripple and its University Blockchain Research Initiative (UBRI). The team-up has been focused on rendering fruitful solutions for tackling the widening technology skills gap in the UK region.
With the new Tech Series, the Foundry aims to give a golden chance to nearly 1,000 students of the Oxford University hailing from across all the colleges and divisions of the world-class institute to immerse themselves in the attainment of new skills of the blockchain niche, AI technology, and machine learning across various industries.
The students will gain knowledge through Foundry’s experimental learning model during the new Tech Series program. The series will include informative workshops and boot camps which will be governed by mentors, academicians, and student experts from Oxford’s enriching network and widespread intellectual capital. These camps will impart knowledge through peer-to-peer learning and the Zone of Proximal Development. This is the theory that encourages students to learn from those who are just one or two steps ahead of them. This allows students to delve into new disciplines and team-up with new people coming from different domains to find creative solutions.
Foundry’s Tech Series will also have a Tech Talent Networking Series to give the students a chance to get in touch with leading firms belonging to the blockchain and AI industry.
The series is aimed to fulfill the ultimate commitment of the Foundry that allows it to make available equal opportunities, networks, and resources to talented people with a view to help them build strong ventures.
The Foundry was created by the University of Oxford’s Saïd Business School and was aimed to benefit the whole ecosystem of the University of Oxford. The founding donors of the Foundry were Reid Hoffman, Co-founder of LinkedIn and philanthropist Mohamed Amersi.
Leading blockchain network Ripple formed UBRI in June 2018 with the prime objective to enter into strategic collaborations with global universities for boosting academic research operations, technical development, and innovation in new-age technologies like blockchain, digital currencies, and digital payment pedagogies. In summer this year, Kyoto University became a member of the initiative. Last week the University unveiled an XRP validator that would aid the system in the verification and processing of transactions on the decentralized ledger system.
XRP Unfazed By Ripple Remittance Partnerships
- SBI Ripple Asia has just confirmed that it will be working together with SBI Remit and TPBank of Vietnam.
- This partnership will allow for “real-time and low-cost transfer of funds between SBI Remit and Tien Phong Bank.”
SBI Ripple Asia, a very important partner of both Ripple and XRP, has just confirmed that it will be working together with SBI Remit and TPBank of Vietnam. This is being done in order to provide remittance services through RippleNet.
Published by a popular cryptocurrency enthusiast online, the document, explains that the trio of partners has “started the first Japan-Vietnam money transfer service in real currency utilizing decentralized ledger technology, with a Vietnamese bank, Tien Phong Commerical Joint Stock Bank.”
This partnership will allow for “real-time and low-cost transfer of funds between SBI Remit and Tien Phong Bank.” As per Ethereum World News, this will then be given the green light by RippleNet and related solutions that are built on that network. The partners believe that this new service will be important, especially as the “population of Vietnamese in Japan has grown 4.57 times over the past five years to 330,835, and the number is expected to increase in the future.”
November 15, 2019.
SBI Ripple Asia, SBI Remit and TPBank (Vietnam) announced the start of the first Japan-Vietnam remittance service using #RippleNet.
“We will also develop remittance
services that incorporates crypto in the future” —@yoshitaka_kitaohttps://t.co/qOgpLMhwRU pic.twitter.com/qIL49qcFYH— XRP Research Center (@XrpCenter) November 15, 2019
Nguyen Hung, CEO of TPBank, expressed excitement for the deal to which he said:
“Our cooperation with SBI Ripple Asia Co., on the application of blockchain technology in cross border money transfers marks an important turning point in enhancing our customer experience and makes international money transfers via TPBank faster, more convenient and safer than ever before.”