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Why should you invest in XRP (Ripple)

1. XRP is designed to facilitate low cost and swift money transfers globally, which is seen as appealling for many financial institutions
2. XRP transactions can be processed within seconds and its network is much more efficient in terms of transactions, even faster than that of Bitcoin or Eth.
3. XRP is backed by multiple financial institutions. It has formed partnerships with over 300 banks and financial institutions globally (examples include American Express, SBI Holdings and Santander)
4. XRP has long term vision which aims to replace systems like SWIFT, which handles billions of dollars on a daily basis. Investors believe in its potential.
5. Analysts predict that XRP will hit $0.92 in 2025 and we have already exceeded expectations , as well as a target price of $6.36 in 2030.
RISKS TO CONSIDER
- High volatility
-Regulatory Uncertainty (faced recent lawsuits but currently all resolved)
I'll post more of these essays for $Cardano (ADA.CC)$ and $Ethereum (ETH.CC)$ soon
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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5 years trading in the market quant analyst follow me for stocks/crypto insights and TA
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