Popular Exchange Hosting 100K Ripple (XRP) Giveaway: Details
Uphold's December airdrop would be more generous than the previous, with one lucky trader winning 100,000 XRP.
Ripple is a protocol that has its native cryptocurrency. The platform represents an open-source protocol that is intended to allow for quick and cheap transactions.
The cryptocurrency that the platform uses is called XRP. It is one of the veterans in the space, and since 2014 it’s showing up consistently among the top cryptocurrencies by market cap.
Unlike the majority of the cryptocurrencies, Ripple doesn’t really have a blockchain, per se. Instead, they use their own patented technology called the Ripple Protocol Consensus Algorithm (RPCA).
The average transaction time for Ripple is a lot less than that of other major cryptocurrencies such as Bitcoin and Litecoin. This allows for quick international transactions, and that’s where the company places its focus – to be used as a medium of exchange for international and cross-border payments. This is why the company has entered into a few partnerships with some banking systems. Among the banks that work with Ripple include Santander, Rendimento, and Interbank.
Naturally, there are also some downsides to Ripple, mainly stemming from the fact that it is centralized, which goes against a lot of what cryptocurrency proponents stand for.
Uphold's December airdrop would be more generous than the previous, with one lucky trader winning 100,000 XRP.
EGRAG CRYPTO thinks XRP has a chance to soar to a 16-month high of $1.20 by New Year's Eve.
Ripple moved its global headquarters to a new address in San Francisco.
Blockchain.com became the latest crypto exchange to re-list XRP on its platform.
According to EGRAG CRYPTO, XRP could climb by over 120% by March, next year.
Ripple's achievements in 2023 include partial court wins against the US SEC and finding a spot in prestigious lists.
X user JD believes an XRP "Golden Cross" would occur in the next four days.
Some crypto analysts believe XRP could finish 2023 above $0.75.
Ripple has secured three partial court wins against the SEC so far but the battle is yet to be resolved.
BTC spiked to almost $42K, XRP received additional support from Crypto.com, while SOL was predicted to reach an ATH.