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Is Ripple (XRP)’s Price Undervalued? Two Reasons to Consider (Opinion)


Is Ripple (XRP)’s Price Undervalued? Two Reasons to Consider (Opinion)

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AI Overview

Ripple's XRP is the #3 non-stablecoin cryptocurrency by market cap, positioned as a utility token for international payments. Launched in June 2012, it has gained prominence in the altcoin market since January 2018.

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Ripple’s XRP ranks #3 among all non-stablecoin cryptocurrencies for market cap weight. The company claims that the coin is not just a speculative asset, but also a very powerful utility token.

Ripple developed the XRP network and launched it in June 2012 to make it easy for large banks and corporations, and even governments, to send huge payments internationally. By Jan. 2018, however, it had become a popular altcoin among crypto markets and has remained so ever since.

Read the article at CryptoPotato

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Coins

$ 66.69K

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$ 1.21

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Coins

$ 66.69K

-6.42%

$ 1.21

-6.34%

Funds

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View analytics →
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