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Ethereum, Moshnake, and Zilliqa: Three Crypto Projects Driving Global Acceptance Of Cryptocurrencies

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There are numerous digital currencies in use today, and it may appear like there are always new crypto projects advertised all the time. While some new investors may be overwhelmed by this enormous and ever-changing terrain, others see it as a chance to make some significant money.

In this blog article, we’ll examine three fascinating digital currencies to watch: Moshnake (MSH), Ethereum (ETH), and Zilliqa (ZIL). Each of these coins has a great deal to offer investors, so keep reading for more details!

Great Expectations – Ethereum (ETH)

According to data from StakingRewards.com, Ethereum (ETH) is the most staked cryptocurrency asset after the successful Merge of the Beacon Chain consensus layer together with the Ethereum execution layer on September 15, 2022.

Ethereum (ETH) is a prominent cryptocurrency that supports numerous dApps and exchanges, Metaverse applications, and offers high-grade security architecture to crypto companies. It is a decentralized, open-source blockchain that allows smart contracts, and its native cryptocurrency is Ether (ETH). In terms of market valuation (about $218 billion), it is only second to Bitcoin (BTC).

The blockchain is powered by Ether, Ethereum’s native currency (ETH). Its purpose is to enable users to build new software on the blockchain to which it is connected. Because of Ethereum’s versatility, thousands of new coins have been created (ETH).

The current Ethereum (ETH) blockchain will be upgraded, transitioning Ethereum (ETH) to a proof-of-stake (PoS) consensus mechanism from the current proof-of-work consensus technique (PoW). It represents a huge advancement in the cryptocurrency sector, with the goal of improving Ethereum’s (ETH) performance, usage, and adoption. The inclusion of the Ethereum Mainnet and the Beacon Chain in Ethereum 2.0 may open the road for sharding to be used.

Zilliqa (ZIL)

Zilliqa is a formidable DeFi protocol that has the ability to generate additional benefits. The native utility token of Zilliqa, ZIL, is employed to perform smart contracts and network payments. Zilliqa is a permissionless public blockchain that has a high throughput and can handle hundreds of transactions per second. It uses sharding as a second-layer scaling technique to tackle the problem of blockchain performance and scalability. In October 2020, the platform began enabling yield farming and a variety of other decentralized applications.

Zilliqa aspires to be the blockchain of options for large-scale commercial applications in advertising, gaming, recreation, financial services, and payments. ZIL aims to compete with centralized payment mechanisms like VISA and MasterCard, and its innovative technique gives investors hope that they may soon be able to afford a Lamborghini with it.

Zilliqa’s price is showing substantial positive momentum, with the price noticeably oscillating between $0.55 and $0.57. However, the asset is settling around the gains gained in recent days. As a result, there is a good chance of breaking out of the negative trend.

Zilliqa aspires to be the blockchain of options for large-scale commercial applications in advertising, gaming, recreation, financial services, and payments. ZIL aims to compete with centralized payment mechanisms like VISA and MasterCard, and its innovative technique gives investors hope that they may soon be able to afford a Lamborghini with it.

Snaking Around – Moshnake (MSH)

As the gaming world evolves, players have requested a gaming platform with several gaming possibilities and earning options. Moshnake (MSH) is the solution to the GameFi community’s concerns. Moshnake transformed one of the world’s most popular mobile games into a play-to-earn game, but he didn’t stop there. The game received more upgrades, including cooperative features. Anyone who enjoys gaming with friends is well aware of how annoying it can be to be unable to play a wonderful game together.

Moshnake seeks to connect individuals by offering co-op gaming. Players can participate in a battle royale similar to the world-renowned game Fortnite, but made more appealing to a wider market. This is just one of the numerous ways they keep the remake interesting, fresh, and thrilling.

The adoption of NFTs is a crucial aspect of the game. There are four different NFT tokens available; one of them is required to start playing the game. The most frequent is the Mamba Moshnake NFT, which has 10 million tokens accessible in descending order.

There are 6 million tokens available in the Viper Moshnake NFT. The latter two NFT tokens are significantly harder to obtain, with their Krait Moshnake NFT featuring 3 million tokens available and their Cobra Moshnake NFT having only 1 million tokens available. The game is also playable on your computer, making it inexpensive because you only need to pay for NFTs and tokens rather than specific hardware.

During the presale, the Moshnake ecosystem is made available to users and investors so that they can discover the joys of this new cryptocurrency platform at a cheap cost. Don’t pass up this opportunity!

 

For More Information On Moshnake (MSH):

Website: https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken

Ndubuisi Ekekwe To Speak at UN House, Abuja on Oct 14

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Ndubuisi Ekekwe Ban Ki-moon
UN Secretary General

On October 14, along with Matthias Schmale ( United Nations Resident & Humanitarian Coordinator Nigeria), I will lead a conversation on Youth Development and Empowerment in the UN House, Abuja – Nigeria.

It has always been a great honour to serve the world through the United Nations right from the days of H.E. Ban Ki-Moon, former Secretary-General of the United Nations, who provided many opportunities. #service

*I will share link here if the organizers decide to make it a public event.

ENDSARS to ENDEFCC: On the Authority and Audacity of Crimes in Nigeria

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A Nigerian youth seen waving the Nigerian national flag in support of the ongoing protest against the unjust brutality of The Nigerian Police Force Unit named Special Anti-Robbery Squad (SARS) in Lagos on October 13, 2020. - Nigerians took to the streets once again on October 13, 2020, in several cities for fresh protests against police brutality, bringing key roads to a standstill in economic hub Lagos. Demonstrations organised on social media erupted earlier this month calling for the abolition of a notorious police unit accused of unlawful arrests, torture and extra-judicial killings. The government gave in to the demand on October 11, 2020, announcing that the federal Special Anti-Robbery Squad (SARS) was being disbanded in a rare concession to people power in Africa's most populous nation. (Photo by Benson Ibeabuchi / AFP) (Photo by BENSON IBEABUCHI/AFP via Getty Images)

There is no country where there is no crime that threatens human survival or the advancement of organizations. Different countries have different crime patterns and trajectory. Using a variety of indicators, various independent research think tanks and news media have documented the global crime rate. According to current World Population Review data, 64 out of every 100,000 Nigerians commit a crime.

Because security issues and crimes cannot be addressed without strong security institutions, the Nigerian government has always considered the establishment of specialized departments or units within the Nigeria Police Force, Army, and other organizations tasked with ensuring a secure environment. The Special Anti-Robbery Squad (SARS), which was created in 1992 to deal with crimes associated with robbery, motor vehicle theft, kidnapping, cattle rustling, and firearms, was the product of the notion of building a virile security institution. The Economic and Financial Crimes Commission was equally established to address corruption and other related financial crimes using prevention, enforcement and coordination approaches.

Source: World Population Review, 2022

Clearly, these agencies are expected to assist the government in carrying out certain responsibilities at the local level, such as regulating social and economic behaviors of individuals and organizations that are harmful to individual and collective growth. Prior to the establishment of these agencies, our analyst observes that people desired a better environment in which social and economic activities could be carried out without fear of being attacked or defrauded. Creating and maintaining the agencies, however, appear to be dominance tools for rigidly controlling people and exploiting people unnecessarily, according to some sections of society.

This submission has been well expressed in the last three years by youths who believe that the staff of the agencies are looking out for them despite the poor economic conditions. This submission resulted in the first national SARS protest in October 2020, with severe consequences across the country. Officers of the law were killed. Security posts and stations were set on fire. Property was looted. Following the same month pattern, news outlets recently reported protests against the EFCC. Some youths from Warri to Ibadan want the agency, like SARS, to be abolished. Like the ENDSARS protests, public interest in ENDEFCC is gradually increasing on the Internet.

In Warri and Ibadan

Some of the protesters were interviewed by news organizations in both cities. As previously stated, the majority of protesters believed that the EFCC is abusing its constitutional and executive-driven motive power, as well as its authority over them. Though some protesters have been arrested, their actions are similar to those of anarchists or anti-authoritarians that Friedrich Engels criticized in his work “On the Authority.” It is clear from the protests that the protesting youths, like the anarchists, want their authority to triumph over the authority of the state and others. Setting born fires on roads, for example, and causing traffic gridlock that prevents others from going about their daily lives are examples of great destruction that Engels warned social revolutionists about.

If the youths eventually succeed in shutting down the agency through protests, our analyst predicts that the number of identified crimes controlled by the agency through prevention, enforcement, and coordination approaches will skyrocket. And everyone should be prepared to bear some of the consequences. Instead of calling for the agency’s abolition, youths who believe the agency’s staff wrongfully arrested and prosecuted them should present concrete evidence. This is necessary because no country can function without specific agencies, units, and departments to combat serious crimes such as internet fraud. Our analyst observes that unnecessary perceived rigid control and exploitation of the agency’s staff can only be questioned, rather than rejecting their expertise, efficiency, and constitutionally mandated authority.

Where to Buy XRP (Ripple) – Beginner’s Guide

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XRP is the native digital currency of the Ripple blockchain – which allows banks to transfer funds on a cross-border basis in a low-cost and fast manner.

If you’re wondering how to buy XRP today for your cryptocurrency portfolio – this guide will explain how to complete the process in less than five minutes with a regulated broker.

How to Buy XRP – Quick Steps

 If you’re looking to buy XRP today in the easiest and cheapest possible way –  the step by step guide will walk you through the process of getting started with the highly respected and heavily regulated broker, eToro. 

  • Step 1: Open a Crypto Account: Head over to eToro’s homepage and click ‘Get Started’. Enter your name, email address, and date of birth to create an account, then upload photo ID and proof of address for verification.
  • Step 2: Deposit Funds: Click ‘Deposit’ on your eToro dashboard and choose which payment method you’d like to use. USD deposits are free to make and have no minimum funding requirement.
  • Step 3: Search for XRP: Search for XRP on the eToro trading platform and click ‘Buy’ when it appears.
  • Step 4: Buy XRP: In the order box on the right side of your screen, choose your trade type, enter the amount of money you’d like to invest in XRP, and click ‘Buy’ to facilitate the purchase.

If you’re looking to buy cryptocurrency in 2022, you’ll need to pick a trusted crypto broker or regulated exchange that suits your trading style and financial needs.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

Where to Buy XRP Cryptocurrency

The best crypto exchanges in this space allow you to buy XRP safely and in a low-cost way. If you’re still wondering where to buy XRP for your personal requirements – consider the top places to buy XRP reviewed below.

1. eToro – Overall Best Place to Buy XRP for 2022

Our recommended platform when it comes to buying XRP is eToro. .Founded in 2007 and now used by over 20 million traders, eToro is a popular online broker that is authorized and regulated by the SEC. In addition to FINRA membership, the platform is also licensed by bodies in Cyprus, the UK, and Australia. The eToro website is very simple to use and you can open a crypto account in less than five minutes. In doing so, you will be able to buy XRP on a spread-only basis.

In simple terms, this means that the only fee that you need to pay is the gap between the buy and sell price of XRP. Moreover, as a US client depositing funds in USD, you won’t need to pay any transaction fees on any of the payment methods supported by eToro. This includes everything from debit/credit cards and domestic bank wires to Paypal and ACH. In terms of account minimums, you only need to deposit $10 at eToro to get started.

Once you have completed your XRP purchase, you might then consider buying a number of other promising cryptocurrencies. Some examples of supported tokens include Bitcoin, Cardano, Binance Coin, EOS, AAVE, Decentraland, and The Graph. Alternatively, you can also invest in a diversified basket of digital assets via the eToro Crypto Portoflio. In a nutshell, this is a pre-made portfolio that is managed and rebalanced by the eToro team – so you will be investing passively.

Additionally, the copy trading feature is another passive investment tool that allows you to inject capital with a successful eToro user. Anything that your chosen trader subsequently goes on to invest in will be mirrored in your own account. When it comes to storage, eToro offers one of the best crypto wallets in the market – which can be downloaded as a mobile app for iOS and Android smartphones. Finally, in addition to cryptocurrencies, eToro also supports stocks, forex, ETFs, indices, and more.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

2. Crypto.com – Best Platform to Buy XRP With a Debit Card

Another good way to buy XRP is through Crypto.com. The platform offers a user-friendly way to buy XRP from the comfort of home. You can complete your purchase after opening an account and uploading some ID. While some users prefer to use the Crypto.com website to buy and sell digital currencies, the provider also offers a popular mobile app for iOS and Android. Either way, when you buy XRP at Crypto.com – the fastest payment method is to opt for a debit card.

This will allow you to purchase your chosen number of tokens instantly, albeit, the standard fee for debit card transactions at Crypto.com is 2.99%. The good news, however, is that for the first 30 days after opening your account, this fee is waived. When it comes to commissions, Crypto.com charges a standard rate of 0.4% per slide. You can, however, reduce your commission by trading higher volumes or holding the platform’s native token – CRO.

Once you have invested in XRP, you might then consider checking out the 250+ other supported tokens on the Crypto.com platform. Moreover, the platform offers a range of other crypto-centric services, such as the ability to earn interest on your investments. There are no lock-up periods to benefit from an interest-earning account and APY rates will vary depending on the respective token. Finally, Crypto.com also offers its own debit card that allows you to spend your crypto in the real world.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

3. Binance – Buy XRP With Crypto at Very-Low Fees 

Binance is the most popular exchange in the cryptocurrency trading arena, with volumes that often surpass $11 billion per day. Moreover, the exchange is home to over 100 million trading accounts. In order to buy XRP at Binance, you can either deposit funds with dollars or crypto. The latter, however, offers the cheapest way to access XRP, not least because you will only pay a commission of 0.10% per slide.

If opting for a debit or credit card payment, the specific fee will depend on your location. For instance, those in the US will pay 4.5% of the transaction amount – which is expensive. Banking options – such as ACH and wires, are fee-free, but it can take several days for the funds to land in your Binance account. Nevertheless, once you have bought XRP, the tokens will then be placed in your Binance web wallet.

The web XRP wallet offers a range of security tools, such as two-factor authentication, device whitelisting, and cold storage. Furthermore, Binance also has a Safe Asset Fund for Users (SAFU), which is an insurance policy to help compensate traders in the event of a hack. Alternatively, Binance also offers a non-custodial storage facility in the form of the Trust Wallet, which can be downloaded free of charge on both iOS and Android devices.

And as such, anyone can buy and sell XRP at the click of a button. Like any other digital asset that trades on public exchanges, the value of XRP will rise and fall throughout the day. Therefore, when you buy XRP for your own portfolio, you will make a profit if the value of XRP increases – in relation to your original cost price.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

Is XRP a Good Investment?

XRP is one of the most established cryptocurrency tokens in this industry. This gives the project a solid foundation base and track record that very few tokens can mirror.

However, whether or not XRP is a viable investment for your portfolio remains to be seen. In order to make an informed investment decision today, we would suggest researching the project from top to bottom.

To help you along the way, below we explore some of the core reasons why you might decide to buy XRP.

Cross-Border Fees 

In addition to slow transactions, SWIFT and other legacy payment networks can be expensive. This is especially the case when banks and financial institutions are required to send and/or receive an emerging currency.

This is because – as we cover in more detail shortly, emerging currencies suffer some low liquidity levels, and thus – transactions require the services of corresponding banks.

However, in the case of Ripple and XRP, the underlying technology permits super-cheap transfer fees – regardless of the currency of the location of the transacting parties.

In fact, since the Ripple network was launched, the average transaction fee stands at just $0.0008007. This means that banks and financial institutions can transfer significant sums of capital while paying just a tiny fraction of a cent in fees. It is important to note that XRP transaction fees are also cheap in comparison to other blockchain networks.

Interbank Transaction Speed

We briefly mentioned above that Ripple and XRP allow banks and financial institutions to move away from the SWIFT network, which has dominated the vast bulk of interbank transactions since the 1970s.

  • In fact, trillions of dollars worth of capital go through the SWIFT network each and every day – even though the framework is slow, expensive, and filled with regulatory red tape.
  • Regarding transaction speeds, interbank transfers that currently go through SWIFT can take 3-5 working days to settle, especially if less-liquid currencies are being used.
  • However, in the case of Ripple and XRP, the average transaction time is just 3.86 seconds.
  • Not only is this the case irrespective of where the sender and receiver are based – but the specific currencies being used in the transaction.

Moreover, it is important to note that XRP is not just faster than legacy networks like SWIFT. On the contrary, when you compare XRP to the likes of Bitcoin – which requires 10 minutes to settle a transaction, XRP is actually one of the fastest blockchains in this industry.

And as such, Ripple and XRP have the required efficiency levels to become the go-to network for global payments.

Scalability  

When you come across the term scalability in the blockchain industry, this refers to the number of transactions that a network can facilitate on a per-second basis.

  • For example, Bitcoin is able to handle just 7 transactions per second.
  • In the case of Litecoin and Dogecoin, an average of just 56 and 33 transactions per second can be processed.
  • However, XRP is significantly more scalable, with the Ripple network consistently handling 1,500 transactions per second.
  • With that said, Ripple also notes that should it need to – its network can mirror that of Visa, which can handle up to 65,000 transactions per second.

This is absolutely crucial if Ripple and XRP wish to become the dominant payments network in the global interbank transaction industry.

After all, trillions of dollars worth of currency change hands between banks and financial institutions each and every day.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

 Best Ways of Buying XRP

This guide has thus far covered the the best place to buy XRP – including reviews of top XRP exchanges and brokers and reasons to buy XRP

Moving on, we will now discuss the best way to buy XRP online, in terms of paying for your digital tokens.

Buy XRP With Credit Card or Debit Card

Buying XRP from the comfort of your home can be achieved in less than five minutes when using a credit/debit card.

All you need to do is quickly register an account with a low-cost broker like Bitstamp, enter your card details, and that’s it – your XRP tokens will be added to your portfolio instantly.

With that being said, the average fee on credit/debit card payments in the crypto space is between 3-5% – so it’s important that you do your homework before opening an account. For instance, at Crypto.com and Binance – you will be charged 2.99% and 4.5% respectively.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

Buy XRP With Paypal

Some cryptocurrency brokers will also allow you to deposit and withdraw US dollars via your Paypal account.

If you do decide to buy XRP with Paypal, you will benefit from an extra layer of security – insofar as you will not be required to enter your credit/debit card details directly.

In terms of where to buy XRP with Paypal, eToro allows you to do this on a fee-free basis. Once again, this is on the proviso that your Paypal account is funded in USD. Otherwise, you will pay a fee of 0.5%.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

Buy XRP With Neteller or Skrill

If you hold funds in an alternative e-wallet, eToro also allows you to buy XRP with Neteller and Skrill. Alternatively, you might even consider depositing funds via WebMoney. Either way, no fees apply for USD deposits and the transaction will be processed instantly.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

Choosing an XRP Wallet

When it comes to wallets, XRP works differently from virtually all other cryptocurrencies. This is because Ripple requires you to allocate 20 XRP as a reserve. That is to say, if you wish the wallet to remain active, you cannot withdraw this 20 XRP.

Based on a price of $0.84 per XRP as of writing, this amounts to just under $17. \And of course, when XRP peaked at $3.40 – this would require a total lock-up of $68.

As a result, this will not be suitable for people that wish to invest a small amount of money into XRP. The good news is that if you buy XRP from the SEC-regulated broker eToro, this 20 XRP minimum is not required.

This is because as soon as you make your purchase – which requires a minimum investment of just $10, the XRP tokens will be added to your eToro web wallet. The tokens will remain there safely until you are ready to cash out.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

How to Buy XRP – Tutorial

This guide has covered each and every factor that you need to be made aware of before you invest in XRP.

If you’ve made your mind up and wish to learn how to buy Ripple right now with the low-fee trading platform Bitstamp in less than five minutes – follow the detailed step-by-step guide below.

Step 1 – Open an Account

Navigate to eToro’s homepage and click ‘Get Started’. Enter your name and date of birth, then provide a valid email address to create your account.

>>>Buy XRP Now on eToro<<<

Virtual currencies are highly volatile. Your capital is at risk.

Step 2 – Verify Account

To gain full use of your eToro account, you will have to verify your identity. To do so, click ‘Personal account verification’ on your profile page and fill in the form required for the KYC checks. You’ll then be asked to upload proof of ID (e.g. passport) and proof of address (e.g. bank statement) for verification purposes.

Step 3 – Make a Deposit

Once verification is complete, click ‘Deposit’ on your dashboard and choose whether you will be using a credit/debit card or a bank wire. Select which currency you wish to deposit, and eToro will provide you with their bank details and a personal message.

Step 4 – Buy XRP

Head over to eToro web-based trading platform and search for XRP. Click ‘Buy’, and an order box will appear on the screen. In this box, choose which order type you’d like to use, enter your position size, and click ‘Buy’ again to facilitate the trade.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

How to Sell XRP

We noted earlier that once you invest in Ripple at eToro, the tokens will be added to your web wallet without requiring the 20 XRP lock-up.

As such, if you want to sell XRP, you can do this at any given time by heading over to your portfolio and executing a sell order. The tokens will then be sold for US dollars and the proceeds added to your account.

Conclusion – How To Buy XRP

Ripple and its underlying XRP token offer a highly efficient blockchain network for banks and financial institutions to transact on a cross-border basis.

Unlike legacy payment systems such as SWIFT, Ripple permits fast, cheap, and burden-free transactions irrespective of the location of the sender or receiver, or the currencies being used.

If this project aligns with your long-term investment goals – you can buy XRP right now with low fees by signing up with eToro. There is no minimum deposit threshold to worry about when using this platform and trades can be opened with fees as low as 1%.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

Frequently Asked Questions When Buying XRP

Where can I buy XRP?

If you’re wondering where to buy Ripple, consider using eToro to benefit from their low-fee pricing model. There is no minimum deposit threshold to invest in XRP from the comfort of home. Moreover, eToro offers the best app to buy XRP on iOS and Android devices.     

What is the best way to buy Ripple?

Although Crypto.com and Binance are worth considering, we found that the overall best place to buy XRP is eToro – in terms of fees, security, regulation, and account minimums. 

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

 

XRP Price Prediction 2022 – 2030 

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XRP has been one of the most successful cryptocurrencies in the world, with its price skyrocketing in early 2017. However, since the SEC instituted legal proceedings against Ripple in 2020, things have not been rosy for XRP. 

In fact, in the last bull run, when Bitcoin and other best cryptocurrencies hit new all-time highs, XRP did not retest its 2017 highs. That said, XRP has remained resilient, especially in the current bear market, an indicator that the future could be bright.

This article looks at different XRP price predictions for the remaining part of 2022 and for years to come, up until 2030. We will also give you an idea of how to buy XRP easily.

According to the latest long-term XRP price forecast, the Ripple token will reach $0.67 by the end of 2022, rising to $1.76 by the end of 2023 and $3.07 by the end of 2025. XRP will then rise in value to $6.58 in 2027, and $19.37 in 2030.

If you’ve ever wondered ‘is XRP a good investment?’ or ‘Can it be worth more than Ethereum?’ — read on. We’ll be exploring some of the top XRP forecasts to see how much the crypto might be worth between 2022 and 2030. 

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

XRP Price Prediction

Like the rest of the market, XRP has been on a downtrend for most of 2022. However, XRP has started stabilizing at around $0.33. Will it keep going down, or is another price rally underway?

Read on, for an in-depth XRP price forecast for the remaining part of 2022 and the next 8-years. 

  • End of 2022: Like the rest of the market, XRP has largely been volatile for most of 2022. After a series of declines, XRP has been downtrend due to pressure from the broader market and regulatory issues surrounding Ripple. However, with volumes dropping across the market, XRP could rally towards the end of the year if there is a spike in volumes. For this reason, our XRP price prediction for the end of 2022 is $0.60.
  • End of 2023: Even if there is a market-wide pump for cryptocurrencies, one cannot be lost in the fact that the cryptocurrency market tends to move in cycles. We are just in the first year of the bearish cycle, and if past cycles are anything to go by, then cryptos could drop in the early part of 2023 before consolidating for the rest of the year. For this reason, our XRP price forecast for 2022 is $0.50.
  • End of 2025: Going by past cryptocurrency cycles, the entire cryptocurrency market could rally after the 2024 Bitcoin rally. This rally could reach its peak in 2025. The case against Ripple will possibly have ended at that time, too, which could see XRP hit its maximum potential. That’s why our XRP price forecast by the end of 2025 is $5.
  • End of 2030: Ripple XRP is set to an enormous high of $12.31 by 2030.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

A Historical Look at The Price of XRP

Like all other assets, you need a good background of a cryptocurrency’s price to make an informed decision on where it could go next. Going by its past price action, there is no doubt that XRP is one of the best cryptocurrencies to buy Today. 

For nearly a decade now, XRP has been trading amongst the top 10 cryptocurrencies by market capitalization. It was the third largest cryptocurrency up until the case between Ripple and the SEC came up in 2020, pushing it lower on market cap rankings. 

With this background, let’s now look at where XRP could go in the coming months and years. 

One of the most significant aspects of XRP is its connection to Ripple. While it is not a Ripple security – holding XRP does not give you a stake in Ripple – it is often construed as such. It is the reason XRP was heavily affected when the SEC case against Ripple started. 

In reality, the two are different. XRP is a cryptocurrency, just like Bitcoin, Ethereum, and all the rest. The only difference is that Ripple, a financial services company, chose to use XRP as its native cryptocurrency for cross-border payments. Also, some of the people who created the Fintech company Ripple were involved in developing XRP. 

While being associated with Ripple has given XRP a lot of impetus in the market over the years, it is not the only reason for XRP’s success. Part of the reasons why XRP is one of the best altcoins ever created is because of its potential to transform the banking industry.

 XRP is known for its fast transaction speeds and low costs. This, coupled with Ripple’s next-gen technologies, such as RippleNet, make XRP a cryptocurrency with the potential to restructure the trillion-dollar cross-border payments market. 

Like Bitcoin and other cryptocurrencies, XRP first made global headlines in 2017 when it rallied by an unprecedented 1200% in weeks. By the peak of the cryptocurrency rally in December 2017, XRP was trading at a high of $3.84. 

However, following the cryptocurrency crash that started in January 2018, XRP faced a massive retreat. XRP then entered a consolidation in 2019, but after the SEC instituted a lawsuit against Ripple in 2020, XRP dipped again and lost its position as a top three cryptocurrency by market capitalization.

However, as the market started rising again after the Bitcoin halving in April 2020, XRP gained momentum. By the end of 2020, XRP had rallied by 795%. However, due to the dent that the case against Ripple had put on XRP, it did not manage to reach its all-time highs. 

Since then, XRP has continued trading in the market’s overall direction. As of September 2022, XRP is trading at $0.33. 

Here is a brief of how XRP has been trading since it entered the market in 2012.

  • Jed McCaleb developed the XRP code and it entered the market in 2012.
  • As banks started showing interest in Ripple products in 2017, XRP rallied by 1200%.
  • In January 2018, XRP hit an all-time high of $3.84.
  • XRP dropped for most of 2018 before entering a consolidation phase in 2019.
  • XRP dropped in early 2020 after the SEC instituted legal proceedings against Ripple.
  • XRP rallied towards the end of 2020 but failed to retest its all-time highs of 2017.
  • XRP has dropped in price in 2022 alongside the rest of the market. 

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

XRP Price Predictions Long Term Outlook

As a long-term investment, it is projected that XRP crypto could perform very well. According to predictions, the value of the XRP token could rise to $0.65 by the end of 2022, $1.70 in 2023, and achieve a mean price of $3.45 by 2025. That’s a modest but steady increase of over 320%.

XRP Price Prediction 2022

To decide on the best cryptocurrency to buy now, it is best to understand its potential both in the short term and the long run. Like all other cryptocurrencies, it can be tough telling the direction that XRP will go at any given time. However, by looking at its price action, fundamentals, the broader market, and other macroeconomic factors, it is possible to make an informed XRP price prediction.

One of the most important factors to consider when making an XRP price prediction is the case between Ripple and the SEC. Back in 2020, the SEC filed a lawsuit against Ripple claiming. In the lawsuit, the SEC claimed that Ripple had sold over $1.3 billion of unregistered securities by issuing XRP. The case is why XRP lost its top 3 position in crypto rankings and one of the reasons why XRP has largely underperformed in the market. 

In its case, the SEC wants Ripple to be fined the total $1.3 billion it raised through XRP and interest. While there has regularly been speculation that the two parties could eventually reach an out-of-court settlement, this has not been the case. As such, any time the case comes up for mention or new developments come up, XRP gets volatile.

It also creates anxiety amongst investors who want to buy XRP but are afraid that if the SEC wins the case, they could end up in deep losses. On the other hand, the ongoing crisis presents a massive buying opportunity for investors betting on Ripple winning the case. That’s because such an outcome would be a massive buy signal that could easily push XRP past its 2017 highs. 

Then there is also the fact that XRP does not operate in isolation. In 2021, XRP rallied on the strength of the broader market rally. Similarly, it dropped hard in 2022, following the crash across the cryptocurrency market. 

Based on these factors, our XRP price forecast for 2022 is $0.60. That’s a potentially huge increase in price, given that XRP is currently trading around $0.37.

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Virtual currencies are highly volatile. Your capital is at risk.

XRP Price Prediction 2023

If you are a long-term investor, the best cryptocurrencies to buy now are those with utility. That’s because these have the potential to keep going up over time, the market volatility notwithstanding. 

 XRP is one of the top 10 cryptocurrencies that have high utility. That’s because it is the native token of Ripple, a fintech company fast gaining traction in the cross-border payments market. 

While traditional cross-border payments can take up to 24 hours to process, Ripple, using XRP, can easily do the same in just a few seconds and at a fraction of the cost. As such, there is an incentive for banks to move to this system, which makes XRP a potentially high-growth cryptocurrency going into the future. However, with the lawsuit still ongoing, it could hold XRP back from exponential growth in 2023. 

At the same time, going by past crypto cycles that follow the Bitcoin halving cycle, XRP will likely start 2023 in the red before entering a consolidation phase towards the end of the year. For this reason, our XRP forecast for 2023 is around $1.50.

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Virtual currencies are highly volatile. Your capital is at risk.

XRP Long Term Price Forecast – 2025 and beyond

Up to this point, it is clear that XRP is a high potential cryptocurrency that could be rewarding to both short- and long-term investors. There is a chance that Ripple could win the case against the SEC. Adoption also continues to grow despite the ongoing case. Among the businesses that have already adopted Ripple technologies are top banks like Bank of America and Santander. All this gives XRP lots of potential as a high-value cryptocurrency to hold long-term.    

At the same time, the broader market is likely to keep supporting XRP going into the future. For instance, if the current crypto cycle follows past ones, the entire crypto market could enter a bull market in 2024. This bull cycle could peak in 2025.

This rally, coupled with growing adoption, is why our XRP price forecast for 2025 is $2.75. 

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Virtual currencies are highly volatile. Your capital is at risk.

XRP Price Predictions 2030

Our long-term 2030 XRP price forecast points to a 2,183% increase since today’s price with the token expected to hit an impressive all-time high of $12.71.  

Will Ripple XRP Hit $10?

There’s a high possibility of XRP to reach $10 within the next seven years. Considering the digital asset has seen a staggering growth rate of 35,500% before, $10 wouldn’t be out of the question at XRP’s current price.

Will XRP Reach $1,000?

No, it is highly unlikely XRP will reach the $1,000 mark. This is because its total circulation is less than 100 billion, which means it would need to have a market cap of $90 trillion for XRP to hit a price of $1,000.

Is Ripple A Good Investment?

Yes, XRP is a good buy. Since its launch in 2013, it has increased enormously in the long term and is backed by some of the largest banks and financial institutions in the world.

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.

XRP Potential Highs and Lows

When investing in XRP, you can expect it to deal with high volatility. It’s just the nature of the cryptocurrency market. 

You don’t have to worry about this, though, as our XRP price predictions factor in the potential highs and lows XRP could make over the years. 

Check out the table below for XRP price predictions highs and lows. 

XRP Use Cases

Of the over 20k cryptocurrencies in the market Today, XRP is one of the few with high utility. If you want to buy and hold XRP, here are some of its core use cases that you might find interesting. 

XRP is used for fast money transfers

XRP is one of the best methods to make cross-border payments. XRP can handle up to 1500 transactions per second and at pennies. With Ripple already using XRP in its cross-border payments system, you can expect this use case to keep growing over time. This factor could play a significant role in XRP’s value growth going into the future. 

XRP can help the billions of unbanked people globally

Over a billion people globally have no access to financial services. Cryptocurrencies present an opportunity for the financial inclusion of such people and give them a chance at wealth building.

XRP is of the cryptocurrencies best suited for this role due to its low-cost and fast transactions. This makes XRP a worthwhile cryptocurrency to buy and hold for the long haul.

XRP as a speculative asset

Asset speculation is an economic activity in its own right. That’s because it creates jobs for the speculators and taxes for governments. On this front, XRP is one of the best. That’s because it is highly volatile and presents many opportunities for buyers and short sellers at any given time. 

Key XRP Price Factors and Drivers

If you have been reading the article so far, you have a good idea of XRP price history, price predictions, and its use cases that justify it as a good cryptocurrency investment today.

Now let’s take an in-depth look at the key factors that could play a role in XRP’s price going into the future. 

  • The SEC case against Ripple

We had mentioned earlier that the ongoing case between Ripple and the SEC has a bearing on XRP’s price. It was the reason XRP lost its ranking as the 3rd largest cryptocurrency by market cap. Until it comes to a conclusive ending, XRP will continue to go up and down depending on traders’ speculation on how the judgment could go.

  • Broader market price action

Despite its strong use cases and growing adoption, XRP is still heavily influenced by Bitcoin’s price action. Whenever Bitcoin uplifts the broader market, XRP goes up as well. The reverse also holds true. At the moment, rising inflation and the war in Ukraine have turned the entire cryptocurrency market heavily bearish, and XRP has followed the trend. 

Where do I buy XRP?

At this point, you have a good answer to the question, ‘is XRP a good cryptocurrency investment today?’ If based on our XRP price predictions, you believe it is a worthwhile bet, the next question is, where do I buy XRP?

There are many places where you can buy XRP. One of the best cryptocurrencies where to buy XRP is eToro. 

eToro is trusted by more than 20 million users globally, and for a good reason. Unlike most cryptocurrency exchanges, eToro is regulated by top regulatory bodies such as the FCA, CySEC, FinCEN, FINRA, and ASIC. 

eToro is also known for its affordable trading fees. You will also love the fact that eToro allows pretty low deposits. You can deposit as low as $50 and buy XRP for as low as $10. 

eToro also comes with multiple deposit methods. You can make a card deposit, do a bank wire transfer, or even use an eWallet such as Skrill, Neteller, and even PayPal. 

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Virtual currencies are highly volatile. Your capital is at risk.

XRP Price Forecast – Conclusion

From this guide, you must have gained valuable insights into the recent  XRP price predictions, use cases, and key factors going into the future.  

XRP has been rough since the SEC started legal proceedings against Ripple in 2020. If the case ends in Ripple’s favor, it could send XRP rocketing and easily make it one of the best-performing cryptocurrencies ever. 

Besides, XRP adoption is on the rise, a factor that could help anchor the price up once the broader market gains upside momentum again. 

FAQs on XRP Price Forecasts

What price will XRP be trading at the end of 2022?

If there is a spike in crypto prices in the last quarter of 2022, XRP could end the year between $0.85 and $1.60. 

What price will XRP be trading at in 2025?

Based on our XRP analysis, the token will likely be trading at around $2.50 by the end of 2025.

Can XRP hit $1 in 2022?

XRP has reached $1 price in the past, so it is an achievable target. However, for XRP to reach the $1 mark price in 2022, the broader cryptocurrency market must turn bullish again. XRP can also hit 1 USD if the SEC issue is won by Ripple. 

>>>Buy XRP Now<<<

Virtual currencies are highly volatile. Your capital is at risk.