Why Ripple will never be a high value coin

Why Ripple will never be a high value coin

By BlueSkyCrypto | BlueSkyCrypto | 29 Sep 2020


Ripple... If you started in Crypto back in 2016 or 2017 you probably grabbed a good amount of Ripple already. As we sit waiting, and waiting.....and waiting for a price increase I decided to dig a little bit and do some in depth research.

why we believe that XRP will never be a high valued coin.

So let's take a look at what Ripple aims to do....Well, payment remittance, but for who? Big banks and corporations! So if the big banks and corps want to send money across the world they can do it cheaper right? Correct.

So, this lead us to believe that Ripple itself or the XRP coin will never become a high valued coin or store of value such as Bitcoin or Ethereum. This is not to say the coin won't fluctuate of course but we strongly believe the XRP coin will remain under the $1.00 mark for quite some time.

In fact, with how they plan to use XRP across the globe it is really unlikely that the coin itself will increase much at all. The coin needs to remain functional and affordable on a very large scale. This cannot keep functionality for big banks or corporations if the coin value becomes to high.

Now, with all that being said, just look into Brad Garlinghouse. Watch some of the youtube clips and find some articles for yourself. This mans plan for XRP was never to help anyone become wealthy, learn crypto or usher in the new future. This man's main goal was to save the wealthiest people money the world over.

This is just our 2 cents but we decided a long time ago to stop pouring money into XRP coin. From the level we are at now it is likely the coin will increase but we highly doubt we will see a $1.00 XRP for a very, very long time.

Thanks for reading!

If you want to collect Free Crypto all day long, check out our website for a huge list of free Crypto services.

Happy Coining,

BlueSkyCrypto

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BlueSkyCrypto
BlueSkyCrypto

5 year Cryptocurrency and Blockchain enthusiast. Experienced trader, investor and researcher. Here to do my part in bringing Cryptocurrency to the masses!


BlueSkyCrypto
BlueSkyCrypto

Welcome to my Blog! It's been a short 5 years being involved with cryptocurrency and I must say, what a ride! From my start in 2016 being confused and scared to even move a penny, I have certainly come a long way. Now, perhaps it is your turn to find fun and freedom in cryptocurrency investing and staking. Come along for the ride and discover how to make thousands of dollars for free, how to hold them dollars and earn even more. Along the way we are going to be introduced to awesome new technologies!

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