“I let this idea,” Top investor about Ripple (XRP) says

The crypto The reaction of the universe on the victory of the Trump election was completely favorable. The space was already in Bakery mode in advance, given Bitcoin’s (Btc) Growing institutional adoption – as seen by approval and then popularity spot btc ETFS – A factual Bitcoin’s year post-halvols The years have historically represented the tips of the bull market.

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But interesting it was not that Bitcoin It reacted in the most positive way to trump election victory. Rather, Ripple (XRP)The fourth most valuable coin is currently the largest user, and acting a huge 376% since November.

XRP’s sales point is that it can be used as a currency bridge for international transactions, making them faster and cheaper. Instead of giving days, transfers happen almost immediately, and fees are only a small part of the cent. But that’s not what was behind the attack.

The KSRP’s profits are in the account of several factors. The key is his legal battle with SEC, which accused that the sale of Sales KSRP as unregistered security. With the former Secretary of SEC and Cripto Fee Gari Glens is now, investors optimistic that replacement under support could lead to a more favorable judgment – or even see that the case has dropped. The American government has become crypto-coated, with regulations on losers and a dedicated “CRIPTO CZAR” to promote adoption. Another potential catalyst is seen in the expected starting of the KSRP ETF. With Bitcoin and Ethereum The ETFS has already acquired popularity, the KSRP ETF could attract more investors and start its value.

If everything sounds enough as a reason to board, then the investor in 5 stars Chris Neiger, sitting in the first 1% tidends, suggests that investors should review before they hit the buy button.

“Most importantly,” says Negier, “If you are considering the position in the XRP simply because it has recently made a good reason. The coin is very volatile and it could be dragged as much as it has climbed more.”

There is also a question of adoption in the real world. While the KSRP is promising that it will be a more efficient way to process financial transactions, it is against Swift, global giant payment that uses 11,500 financial institutions. Neiger believes to facilitate the stiff system as it is easier than done.

Taken together, Neiger concludes that it is best to stay a little distance here. “Personally,” I consider it a little too speculative. I think there are legitimate use and I understand why some people possess it, but I will be happy to let it go.” (To watch Neiger’s trail record, Click here)

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Declaration of responsibility: Opinions expressed in this article are exclusively those of the presented investor. The content is intended for informational purposes only. It is very important to perform your own analysis before bringing any investment.