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XRP’s Growth Potential Outbeats Most Coins on the Market: Crypto Investor

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Wed, 12/25/2019 - 11:21
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Yuri Molchan
XRP liquidity in its ODL corridors is rising while an investor states XRP’s growth potential is still much stronger than that of all the other crypto on the market
XRP’s Growth Potential Outbeats Most Coins on the Market: Crypto Investor
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XRP has been holding the third place for several consecutive years now, having briefly pushed Ethereum out of spot two but then gave it back.

The XRP community is one of the most loyal ones and believes in the XRP potential no matter what. A famous venture investor on the crypto Twitter says that that the growth potential of XRP remains stronger than what the majority of crypto on the market has.

‘XRP’s growth potential still outbeats the majority of coins’

The venture investor (as his Twitter page describes him) @CryptoWelson has posted a flattering tweet about XRP. He compares this coin with its major rivals – Ethereum and Bitcoin – and says that XRP gives people what ETH or BTC cannot do – fast and safe blockchain transactions.

XRP liquidity keeps growing

The Liquidity Index Bot Twitter page keeps track of the progress that XRP liquidity inside Ripple’s ODL corridors. So far it works in two directions – Mexico and the Philippines.

These ODL corridors have been set up thanks to the collaboration of the Ripple giant and local exchanges. Both corridors have been working actively and reached their all-time highs recently.

At the moment the XRP/MXN line has reached an ATH of 10,031,221 and is about to hit a new one, as the tweet says.

XRP/MXN
Image via Twitter

The same situation is with the XRP/PHP corridor, where the recent ATH is 1,382,002.

XRP/PHP
Image via Twitter

Related
XRP and Ethereum Fiat Pairs Added by Crypto Exchange Binance

Bitrue to add 27 new XRP pairs

The other day, the crypto exchange Bitrue made an announcement about adding 27 more XRP pairs soon. The tweet stated that 14 of them would arrive on Christmas Day.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.