Topic: What is pushing Ripple Rising prices. I hope to hear the opinions of experts (Read 339 times)

Even the market cap as far as I am concerned got there via series of manipulations as long as it is a centralized coin. Sure, they may have experienced some development lately with the Xrapid project, but that is all it is. Being centralized means easily manipulated and as long as the team holds most of it, the chances of instigating FOMO by pumping the market up is always going to be there. Those behind ripple like you have said are the ones doing all these and generally anything related to being a banker's coin sucks and as far as I am concerned, Ripple sucks!

Vastly adopted by the banks? I don't think so, count them on how many of those banks are really using it.

The reason why it stay there because of their market cap but if ever most of the people will start dumping it, you'll see their rank will be gone. People are just buying the news and hyping it or not really the community but big people behind Ripple itself.

A currency rises in price value if it has growing investors, new projects and increasing market revenue because of mass adaption like commerce and e-commerce overall the price will surge if it has good marketing team, good devs, real ceo with physical investments in other words good fundementals.

Also only ripple is vastly adopted by the banks and that is the reason it always remain in No 2 or No 3 slots in crypto market.

Over the past week, Ripple's (XRP) has surpassed the roof. It has grown 140% in the past seven days, up nearly 63% in the past 24 hours, trading at $ 0.61 at the time of the press.Over the past week, Ripple's (XRP) has surpassed the roof. It has grown 140% in the past seven days, up nearly 63% in the past 24 hours, trading at $ 0.61 at the time of the press.
Why is XRP valuable? It is very useful as it is necessary to carry out transactions on the network ripple. Basically it is a "credit card" transaction in the ripple system. Or can think of it like oil or fuel required to operate the system facilitating transactions between banks.
Ripple protocol has been adopted by a variety of banks in different countries. Unlike Bitcoin, the ripple does not use the traditional proofing algorithm, instead uses a repetitive consonant process, specifically for ripple.
Ripple is a distribution project, contract of the accounting algorithm with a bank policy. Provides the preferences options with the current request of the resource and the following the following legal are required. Fine, general brand with large banking or primary files are the reason for the Ripple for the family value.
The first is Ripple alliance with The Bank of Tokyo - Mitsubishi UFJ (BTMU) a bank subsidiary of MUFG Group, the third largest bank in the world and the largest bank in Japan. The alliance brings the Japanese to the global banking group to form the Global Payment Steering Group (GPSG), a rip-off initiative for interbank payments including other big banks such as Bank of America. Merrill Lynch, Santander, Standard Chartered, Westpac Banking Corporation, Royal Bank of Canada and CIBC.Because of this cooperation, the Asian financial sector will become the latest financial institution involved in creating and monitoring payment transaction rules as well as standards for the network of ripples.

Over the past week, Ripple's (XRP) has surpassed the roof. It has grown 140% in the past seven days, up nearly 63% in the past 24 hours, trading at $ 0.61 at the time of the press.Over the past week, Ripple's (XRP) has surpassed the roof. It has grown 140% in the past seven days, up nearly 63% in the past 24 hours, trading at $ 0.61 at the time of the press.
Why is XRP valuable? It is very useful as it is necessary to carry out transactions on the network ripple. Basically it is a "credit card" transaction in the ripple system. Or can think of it like oil or fuel required to operate the system facilitating transactions between banks.
Ripple protocol has been adopted by a variety of banks in different countries. Unlike Bitcoin, the ripple does not use the traditional proofing algorithm, instead uses a repetitive consonant process, specifically for ripple.
Ripple is a distribution project, contract of the accounting algorithm with a bank policy. Provides the preferences options with the current request of the resource and the following the following legal are required. Fine, general brand with large banking or primary files are the reason for the Ripple for the family value.
The first is Ripple alliance with The Bank of Tokyo - Mitsubishi UFJ (BTMU) a bank subsidiary of MUFG Group, the third largest bank in the world and the largest bank in Japan. The alliance brings the Japanese to the global banking group to form the Global Payment Steering Group (GPSG), a rip-off initiative for interbank payments including other big banks such as Bank of America. Merrill Lynch, Santander, Standard Chartered, Westpac Banking Corporation, Royal Bank of Canada and CIBC.Because of this cooperation, the Asian financial sector will become the latest financial institution involved in creating and monitoring payment transaction rules as well as standards for the network of ripples.

it seems like I’m not the only one that is surprised about what has been happening with Ripple. It’s been long since I last checked the list on coinmarketcap and just recently I check it and was surprised when I saw Ripple as the third and BCH has already fallen to the fourth position.

I think Ripple is the best as of now cause it’s really booming, and I will be waiting for when it will beat Ethereum to the second position. As for Bitcoin, Bitcoin remains the number one as always.

Whether anyone pushed or not. This centralized cryptocurrency is not a worthy fund to invest your hard earned money. Please wait for sometime to take your investment to bitcoin and ethereum.
That is what we expected to see in crypto market.
So have idea to invest on decentralised cryptocurrencies not this shit coin.

I also believe the Xrapid project would really be some of the main factor that effected the movement of the price within that short period. Fundamentally, everything is good with ripple at the moment, and hence for the fact that the market is centralized, a lot can be manipulated to instigate the market movement upward and hence, it is always going to be easy to see quick pumps like we just had recently. Sure, it is one coin that a lot of investors believe could implode, but for short term traders, as long as it brings possibility for good profit, then no shit.

Anyone haven't heard of Xrapid that Ripple has rolled out already a few months back? They're going to make another partnership though in next month that's why the price suddenly picks in the last couple of days and even surpassed ETH at the number 2 spot 2 days ago.

But then again, when this hype goes down and so is the price. Besides, many are still questioning XRP centralizes foundations or bankers coins. This alone makes XRP one of the coins that crypto enthusiast doesn't like because of its close ties with banks.

Over the past week, Ripple's (XRP) has surpassed the roof. It has grown 140% in the past seven days, up nearly 63% in the past 24 hours, trading at $ 0.61 at the time of the press.Over the past week, Ripple's (XRP) has surpassed the roof. It has grown 140% in the past seven days, up nearly 63% in the past 24 hours, trading at $ 0.61 at the time of the press.
Why is XRP valuable? It is very useful as it is necessary to carry out transactions on the network ripple. Basically it is a "credit card" transaction in the ripple system. Or can think of it like oil or fuel required to operate the system facilitating transactions between banks.
Ripple protocol has been adopted by a variety of banks in different countries. Unlike Bitcoin, the ripple does not use the traditional proofing algorithm, instead uses a repetitive consonant process, specifically for ripple.
Ripple is a distribution project, contract of the accounting algorithm with a bank policy. Provides the preferences options with the current request of the resource and the following the following legal are required. Fine, general brand with large banking or primary files are the reason for the Ripple for the family value.
The first is Ripple alliance with The Bank of Tokyo - Mitsubishi UFJ (BTMU) a bank subsidiary of MUFG Group, the third largest bank in the world and the largest bank in Japan. The alliance brings the Japanese to the global banking group to form the Global Payment Steering Group (GPSG), a rip-off initiative for interbank payments including other big banks such as Bank of America. Merrill Lynch, Santander, Standard Chartered, Westpac Banking Corporation, Royal Bank of Canada and CIBC.Because of this cooperation, the Asian financial sector will become the latest financial institution involved in creating and monitoring payment transaction rules as well as standards for the network of ripples.