#Layer1公链普涨
XRP, the rising star of cross-border payment: a multi-millionaire reveals its future trend!
XRP is probably familiar to everyone in the currency circle. As a veteran who has made millions of dollars in currency trading, I will tell you about its real skills and its future.
XRP has a few highlights:
A master of cross-border payment: It focuses on cross-border payment, which can make international transfers fast and cheap, much more efficient than traditional banks. Big banks and financial institutions like it for this reason. Backed by a consortium of bigwigs: Ripple, the company behind it, is well-connected outside the circle and has attracted many financial institutions to cooperate, so in the currency circle, it has a bit of "official certification".
But XRP is not without pitfalls:
The lawsuit has been a headache: The lawsuit between Ripple and the US SEC (Securities and Exchange Commission) has been dragging on for several years. Although there are some new developments this year, it has not been settled yet and may reverse at any time. Centralization is criticized: Many people think that XRP is "too centralized" and does not conform to the decentralized style of cryptocurrency. The big guys are not very interested in this.
Let's talk about the future:
The outcome of the lawsuit determines the fate: If Ripple wins the lawsuit, XRP may soar all the way; if it loses, the market sentiment collapses and the price will have to dive. The entry of institutions is a favorable wind: once the policy is relaxed, financial institutions will use XRP for cross-border payments on a large scale, and its value will have to rise.
XRP is suitable for those who are patient and dare to bet on the future. In the short term, the result of the lawsuit will be seen, and in the medium and long term, the actual application will be seen. But don't forget, don't invest all in it. When playing with coins, the most important thing is to control the risks. You have to remember this sentence of mine: make more money in the bull market and lose less in the bear market. Don't let your emotions lead you by the nose. Having money in your hands is the bottom line.
