XRP Prices Hang in the Balance
Ripple bears like to claim that XRP “serves no purpose” in its technology, but recent success with the “xRapid” software says otherwise. That—plus the continual “Is XRP a security?” debate—drove Ripple prices round and round in circles last week.
I see these two forces working in opposite directions.
Investors should be happy that xRapid is providing genuine benefits to businesses that dared to take a chance on XRP. But does it matter if the U.S. Securities & Exchange Commission (SEC) designates XRP a security?
For the uninitiated, Ripple has multiple offerings. One is “xCurrent,” a.
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Written by Gaurav S. Iyer, IFC @ https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-xrapid-sec/ May 15, 2018 Gaurav S. Iyer, IFC