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XRP is the next Bitcoin
Renowned cryptocurrency analyst JackTheRippler shares Ripple CEO Brad Garlinghouse's optimistic views on the future of the company's XRP token.
As you know, in an interview with Bloomberg, Garlinghouse outlined the potential of XRP and, based on this, concluded that the value of XRP could rise, especially if certain problems are resolved.
If we work systematically to solve this problem, and the problem is in the trillions of dollars, then we have a great opportunity to create value in XRP,â Garlinghouse said.
In this case, he is referring to the fact that in 2017 the price of the token increased by approximately 25,000%. And with further improvements, XRP could surpass Bitcoin in the future, which, however, is very controversial.
At the same time, Garlinghouse expressed concern about regulatory uncertainty in the crypto space while Ripple is committed to compliance.
Meanwhile, over the past week, the price of XRP has strictly followed the price of Bitcoin, repeating the rise and fall of its rate. Now the token price still fluctuates around the level of $0.5131 with a daily minus of about 1.4%.
Overall, the prospects for XRP are uncertain, but the majority of the crypto community has no doubt about its inability to replace decentralized Bitcoin.
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