Seven Reasons Why It’s Recommended to Hodl XRP

Seven Reasons Why It’s Recommended to Hodl XRP


Cryptoknowmics
2022-06-17 14:00:52

XRP is the native token of the technology giant company, Ripple. It was launched in June 2012. It is presently trading at $0.326. XRP has increased by 3.38% in the past 24 hours, which is a good rise amidst the current crypto market crash. Some of the reasons why is worth to hodl XRP are: Increase in blockchain technology and cryptocurrency adoption. Present return on investment Relatively low volume in circulation A possible rise in cryptocurrencies with banking products Position of the community on CoinMarketCap Possibility of a favorable judgement with its SEC lawsuit Its price prediction data Increase in Blockchain Technology and Cryptocurrency Adoption The growth of the cryptocurrency market is worth watching. This rise is given demand for cryptocurrencies that has a tested history of resistance to zero decline. This is due to its longevity and lower volatility. Just like Bitcoin, Ethereum, and Litecoin with lower volatility, new investors in the industry are encouraged to start with them. XRP could be a good option due to its stand in reaching the unbanked and its very low transaction cost. Present Return on Investment Since the launch of XRP in June 2012 by the co-founders Chris Larsen and Jed McCaleb, it has had a return on investment of 5013% according to CoinMarketCap. Therefore, XRP initial holders will continue to gain. Also, investors that purchased XRP when it attained its current all-time low price of $0.002802 ...