Ripple XRP: The price of Ripple doubled and reached a higher position today. Until yesterday, the price of Ripple coin is low as the Bitcoin price is low. As fast as the Bitcoin hiked from 6200$ to 6700$, Ripple price also hiked to $0.59.
As a result of this hike in the price of Ripple coin, they have reached the World’s second largest cryptocurrency by overcoming Ethereum. The reason behind the hike of Ripple coin is because PNC Bank joined RippleNet.
PNC Bank, a top ten bank in the United States, has joined RippleNet. The addition of a top U.S. bank like PNC on RippleNet fuels the network’s positive momentum. RippleNet has grown to more than 100 financial institutions and continues to expand steadily each month. RippleNet has also recently expanded its reach to over 40 countries and six continents.
The current price of Ripple coin which is shortly referred as XRP is $0.587118 USD. The price in the market hiked to 60% in less than 24 hours. Ripple has become the World’s second largest cryptocurrency. It is predicted as the next bitcoin in future. Hence for the investors, it is the best to invest on such coins.