First of all, remember that any investment is associated with risk. The crypto market is no exception.
On the other hand, the features of Ripple crypto that are likely to appeal to traders and investors in the crypto ecosystem are:
âą Very short time for transferring money from one end of the world to the other (3.5 seconds!),
âą The elimination of clearing houses between âclassicâ currencies (euro, dollar, etc.) and the phenomenon of âbridge currencyâ between currencies,
âą The trust resulting from the market capitalization (the 3rd after Bitcoin and ETH) of the Ripple crypto, making it accessible on all cryptocurrency trading platforms,
âą The consensus protocol and the blockchain of the cryptocurrency,
âą Low energy costs, with all the chips already out,
âą Transaction confidentiality thanks to Ripple technology,
âą High frequency transactions. The system is set to be able to reach Visa's level of 50,000 transactions per second (only 15 for Bitcoin. Not 15,000, 15),
âą The increase in the price due to the agreements signed by the Ripple company with banking establishments across the world (including American Express),
âą The inability to mine XRP and, therefore, the limited volume of tokens.
In short, investing in XRP is still an opportunity, but you should always be wary of fluctuations in the financial market, so don't hesitate to do your own research to find out what kind of project you are going to invest your money in.
