The price of the trending currency Ripple (XRP) has surged!
Ripple is soaring rapidly.
While Bitcoin is stagnating due to the hard fork issue,Ripple's currency XRP is on a sharp rise.
This is Ripple's daily chart.
From about 0.6 yen in early March to currently 1.2 yenand it has surged.
The image above is a chart of Ripple over its entire period.
The previous high wasin December 2014, at just under 3 yen per 1 XRP.
It can be said that there has been a substantial rise in about two years.
Typically XRP, the currency of Ripple, is used for currency exchange functions, so for example, when exchanging dollars for Bitcoin, XRP is used as an intermediary currency.
XRP is already practical and has been used worldwide in remittance experiments, etc.
Because Ripple functions as an exchange intermediary, it was said to have difficulty rising in price due to its temporary usage, but it has risen significantly now. Its practical use means it is a currency that is unlikely to disappear.
When looking at prices in the post-release period, it has been moving at a low, so there are people around me who are buying Ripple at this stage.
My Ripple holdings have also increased by almost double.
There is still room above the previous high, so it can be said that it is still in a low-price range.
For Ripple, it is handled by Coincheck ↓↓
Here is how to open a Coincheck account ↓↓
