Ripple increased by 71% breaking all time high and achieve $0.525 on 13 December, 2017 as reported by CoinMarketCap. Celebrating the partnership with American Express, Mark Gordon stated, “American Express has a long history of integrating new technologies.”
“This collaboration with Ripple and Santander represents the next step forward on our blockchain journey, evolving the way we move money around the world.”
Ripple has been also selected as the best digital asset for payments by comparing the time, cost and scalability of the top crypto currency companies.
What’s more, Mr. Kitao, a billionaire and CEO of SBIGroup tweeted this today. They know this game better than anyone and it already shows that Ripple could skyrocket very soon.
Wow, XRP at all time high! Forget about bitcoin, we’re all in on XRP!
— 北尾吉孝 (@yoshitaka_kitao) December 13, 2017
Additionally, this Friday will be big for Ripple as it enters the Japan-Korea trial for blockchain payments. It has over 100+ banks on board now and household names like Amazon, Uber, Alibaba, etc. can be accounted this month.
Recently, it has overtaken Litecoin and secured #4 position as is reported by CoinMarketCap and if Ripple increases to $0.71 then it can even surpass BitcoinCash and secure the position #3.
Additional Information –
What is Ripple?
Launched in 2012, Ripple(XRP) is payment network for financial institutions. It is mainly focused on reducing transaction fee and time for cross-border payments.
Stay tuned for more!