Cryptocurrency ripple soars 50% !


The crypto-world has seen many things last few months, the end of December seems the time for  the cryptocurrency  Ripple (xrp symbol in exchanges) to show some acrobatic moves and jump 50%¨29.12.2017 and is trading 1 xrp for 2.38 usd the time of writing.

the news of increased trading of the cryptocurrency in asia and that Ripple completed its cryptographic lockup of tokens may have influenced the uptrend,  some rumors were also telling  that ripple would soon be added to other exchanges, but this could be enough for a reactive market to respond to this.

Best month for ripple:

A San Fransisco startup of the same name that developed ripple to use as a payment system.

Source: CoinMarketCap

The digital currency ended 2016 at less than 1 cent and topped $1 only last week. Gains have accelerated since, and ripple is up more than 29,000 percent this year.

the increase in ripple price propelled the cryptocurrency to the second position dethroning Ethereum ( ETH).

Editor notes:
Investing in cryptocoins and tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.