XRP Price Pump 11% After Annoucement of new Partnership

XRP Price Pump 11% After Annoucement of new Partnership

By Otek | Otek | 5 Feb 2020

On 04.02.2020 Ripple team announced that they signed a new partnership with: Intermex



Intermex (NASDAQ: IMXI) is a leading money remittance services company focused primarily on the Latin America and Caribbean area. Intermex is one of the main suppliers of transfer services in the United States to Mexico – facilitated by an annual networking of 100,000 payer locations in over 30 millions payment transactions.

That new partnership between those 2 companies will enable Intermex to leverage RippleNet for faster, transparent cross-border remittance services between the United States and Mexico. 

More details about that agreement You car find on official Ripple website: https://ripple.com/insights/enabling-faster-cross-border-payments-between-the-us-and-mexico/


Meanwhile the price of XRP over last 24 hours has increased more than 11%. In result of that move XRP price reach a level 0,28 USD per coin - first time in 2020. Probably such an increase was a reaction to new good news from Ripple about that new partnership with Intermex :)


Do You have any XRP in your portfolio? In your opinion will it still increase a price in that year?

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