By Gaurav S. Iyer, IFC Published : December 15, 2017
As XRP prices proceed to shoot for the moon, consumers are lastly getting interested in Ripple’s long-term imaginative and prescient and the best way it differs from Bitcoin.
Google searches for XRP, as an example, shot by the use of the roof earlier throughout the week. This surge of curiosity presents Ripple (the company) a singular various to educate most of the people on its basic mission.
Ripple CEO Brad Garlinghouse wasted no time in leveraging this opportunity. He held a Q&A yesterday, whereby he answered just a few of consumers’ most pressing questions. (Source: “Ask Me Anything with Brad,” Ripple Insights, December 14, 2017.)
Here are quite a few the highlights:
Question: “Will Ripple be on Coinbase and, if so, do you have any idea when?”
Answer: “The first thing I want the entire community to understand is XRP liquidity is a critical priority to the success of the business. Period. Full stop.”
Garlinghouse moreover talked about they weren’t “ready to announce” some partnerships, although these partnerships would possibly already be throughout the works. Considering that he talked about this in response to a direct question about Coinbase, we count on it’s pretty telling.
Question: “What are your top three priorities for 2018?”
Answer: “Priority one is definitely around volume. Priority two, I would say is XRP liquidity. Making sure that on a global basis, as we continue to work with exchanges globally and market makers, making sure we are doing everything we can to make the XRP ecosystem successful around a liquidity basis. Priority three…is investing in other use-cases for the XRP ledger.”
Question: “How do you think the escrow will help us small investors?”
Answer: “I think the most important thing around the escrow is providing predictable supply…we did hear from the community that there was this overhang, so we said, you know what, we want to remove the perception there is a risk there.”
Ripple Price Chart:
This type of outreach is extraordinarily crucial for the best way ahead for XRP. It will help consumers understand how Ripple is creating precise price for precise shoppers, plus it could foster perception throughout the agency’s administration.
As such, it’s no shock that XRP is up 43.49% in the direction of the U.S. buck, inserting the XRP to USD price at $zero.805804.
We keep on to our Ripple price prediction for 2018, which reveals the XRP price reaching $2.00.