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No chance for Bitcoin and Ethereum: This crypto currency has increased by almost 4,000 percent in 2017



ripple.com


When it comes to crypto currencies probably think most of us directly Bitcoins - m ittlerweile thinks a non small percentage probably of ether, the cash behind the Ethereum - block chain . No wonder, Bitcoin is also becoming more and more important in the real economy, as well as the performance of Bitcoin and Ether.

While Bitcoin was still trading at 400 US dollars at the beginning of the current year , the high of mid-June stood at nearly 3,000 US dollars . At Ether , the increase was even more spectacular: from eight dollars at the beginning of the year it went to nearly 415 US dollars. But then there was a cooling down, only a few days ago the digital currencies came back impressively.
XPR tokens are up 4,000 percent against US dollars in the first half of the year

But there is another crypt diet which has grown even more in the first half of 2017 - about 4,000 percent. The speech is from Ripple and the associated currency XPR. In the past few weeks, XPR has risen behind Bitcoin and Ether through the massive price increase to number three of the digital cash after market capitalization.

coinmarketcap.com


From January to April almost nothing happened to the price. But then the currency suddenly grew massively. The reason: 25 new stock exchanges have listed the XRP tokens since the second quarter, resulting in transactions worth 30 million US dollars.


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More trading possibilities and thus a higher notoriety thus themselves caused itself and ensured the strong increase. At the start of the year an XRP cost $ 0.006523. In high, mid-May, it was 0.405655 US dollars. At the time, the crypto had been up over 6,000 per cent since the beginning of the year.
Differences from XPR to Bitcoin

XRP differs somewhat from Bitcoin and Ether, because this digital currency does not want to withdraw completely from ordinary banks, but much more cooperates with them. Banks are to use Ripple's Blockchain technology to reduce their costs. Another difference: While Bitcoins are still being scanned from data centers, all XRP tokens are already created.

"We are concentrating on international payments," said Miguel Vias, head of XRP markets at Ripple. We are probably the only digital currency with a real application. "Nevertheless, he sees a positive future for Ripple and XRP as well as for his competitors.

"We see that digital currencies are accepted and accepted by established banks. The Bank of England cooperates with us and the Bank of Japan also recognizes digital currencies as a legal payment - these developments show that we are also on the right track and that interest in these technologies will continue to grow, "Vias said.

More@ https://www.technapping.com
Source: Business Insider.

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