Summary
This prediction ended on 25.08.22 with a price of €0.35. The BUY prediction by traderabcde for XRP performed very badly with a performance of -67.19%. traderabcde has a follow-up prediction for XRP where he still thinks XRP is a Buy. This prediction was marked as speculative and is excluded from traderabcde's performance statistics.XRP is a cryptocurrency created by Ripple Labs in 2012. It is used for fast and secure transfer of funds between financial institutions.
The main applications of XRP include:
1. Cross-border payments: XRP is used to facilitate cross-border payments. It can help to reduce the cost of international transfer and improve the speed of the transaction.
2. Liquidity: XRP serves as a bridge currency between other currencies. It helps to maintain liquidity in various markets because it can be exchanged for other currencies quickly.
3. Micropayments: XRP can be used for small transactions, such as micropayments. This makes it a useful tool for content creators or service providers who want to monetize their offerings.
4. Smart contracts: XRP can be used to facilitate smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.
Overall, XRP has the potential to transform the global financial system by improving the speed, cost, and security of financial transactions. It is a rapidly growing cryptocurrency, and it has already gained significant adoption in the financial sector.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| XRP | -19.290% | -19.290% | -3.551% |
| iShares Core DAX® | -1.670% | -1.001% | 10.864% |
| iShares Nasdaq 100 | -4.184% | -1.145% | 37.458% |
| iShares Nikkei 225® | -4.967% | -5.783% | 18.828% |
| iShares S&P 500 | -2.834% | -0.572% | 25.875% |
Comments by traderabcde for this prediction
In the thread XRP diskutieren
In the thread Trading XRP