{"id":134347,"date":"2018-09-25T12:35:37","date_gmt":"2018-09-25T16:35:37","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=134347"},"modified":"2018-09-25T07:12:55","modified_gmt":"2018-09-25T11:12:55","slug":"devere-ceo-ripple-xrp-to-hit-key-1-00-threshold-as-usage-soars","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/09\/devere-ceo-ripple-xrp-to-hit-key-1-00-threshold-as-usage-soars\/","title":{"rendered":"deVere CEO: Ripple XRP to hit key $1.00 threshold as usage soars"},"content":{"rendered":"
September 25, 2018<\/div>
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By George Prior<\/strong><\/p>\n

XRP, currently the third largest cryptocurrency after Bitcoin and Ethereum by market cap, is going to gather momentum and its price is likely to reach the key threshold of $1.00 by year-end.<\/p>\n

The forecast from Nigel Green, founder and CEO of deVere Group, one of the world\u2019s largest independent financial advisory organizations, comes as last week XRP achieved a 100 per cent gain, with other major digital currencies also performing well.<\/p>\n

Mr Green comments: \u201cThere\u2019s been an immensely positive buzz regarding cryptocurrencies in the last few weeks \u2013 with the standout being XRP.<\/p>\n

\u201cI believe that whilst the crypto market, in general, will be primarily bullish between now and the end of the year, it will be XRP that will continue to gather the most momentum in this period.\u201d<\/p>\n

He continues: \u201cXRP will go on to gain more traction than many of its rivals because of its unique features, technologies and problem-solving capabilities.<\/p>

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\u201cMany of these unique characteristics enable it to help businesses, including real estate and tech firms, to save money and speed-up and add more security to transactions.<\/p>\n

\u201cThis is also why hundreds of financial institutions across the world are already working with XRP – and this is a trend that is set to continue and grow.<\/p>\n

\u201cIn addition, XRP has been cleverly positioning itself to become a leading international facilitator of global remittances and inflows.\u00a0 This is a huge and growing market, especially in the emerging economies of Latin America, Asia and Africa.\u201d<\/p>\n

Mr Green goes on to add: \u201cCryptocurrencies are the future of money and, clearly, XRP is proving to be one of the most useful cryptocurrencies for businesses, organisations and individuals.<\/p>\n

\u201cThe use of XRP is set to increase and naturally this will positively impact its price.\u00a0 I think it is likely that we\u2019ll see it hit the $1.00 price level before year-end. It could even be double this in 12 months\u2019 time as XRP adoption and usage soars.\u201d<\/p>\n

The deVere CEO concludes: \u201cXRP can be expected to become a\u00a0major player in the world\u2019s shift away from fiat money over the next few years.\u201d<\/p>\n

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deVere Group is one of the world\u2019s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.\u00a0 It has a network of more than 70 offices across the world, over 80,000 clients and $12bn under advisement.<\/em><\/p>\n

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By George Prior XRP, currently the third largest cryptocurrency after Bitcoin and Ethereum by market cap, is going to gather momentum and its price is likely to reach the key threshold of $1.00 by year-end. The forecast from Nigel Green, founder and CEO of deVere Group, one of the world\u2019s largest independent financial advisory organizations, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-134347","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=134347"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134347\/revisions"}],"predecessor-version":[{"id":134348,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134347\/revisions\/134348"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=134347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=134347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=134347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}