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Typically, the fees associated with XRP transfers are negligible, at fractions of a penny, and transactions are cleared within a few seconds or less. Better Cryptocurrency to Buy Now and Hold ...
A judge imposed a small-than-expected $125 million fine on Ripple, the company that operates XRP. But the SEC wasn't happy with that ruling, and the agency recently filed a notice of appeal .
With its price up about 240% year to date, Ripple's native token, XRP (CRYPTO: XRP), is one of several cryptocurrencies that have soared in response to Donald Trump's presidential election victory.
XRP Price data by YCharts.. With gains of 987% over the last five years, a $10,000 initial investment in Ripple five years ago would now be worth more than $108,000.
XRP's price has fallen about 10% this year, but it has newfound momentum headed into 2025.
To me, a position in XRP should be for investors who can tolerate higher-than-usual risk and volatility, and are OK with the very speculative idea that Ripple's technology will one day be widely ...
During the past three years, it lost about 9% of its value, compared with XRP's gain of more than 240%. But the investment thesis for buying it is still quite strong, especially with a stake on ...
Given its volatility, banks will not want to purchase and hold XRP if they can avoid it -- and they can. We already see this in practice. Many of the institutions using RippleNet do not use XRP.