Bitcoin has made some investors very rich. Those who purchased the digital currency back in the old days when it was trading for a few dollars. And it could make more investors rich provided that it continues to rise to new highs.
But that’s unlikely, as large percentage gains are hard to come by at these price levels—north of $10,000.
Craig Cole of CryptoMaps is one of those experts.”Ripple just might be the catalyst in making cryptocurrency more mainstream,” says Cole.
“Its faster transaction speeds and lower fees make it easier for financial systems to embrace the virtual currency, which is partly why Ripple’s value has increased dramatically just this year. Ripple is helping financial institutions save money and it is only expected to become even more prevalent in payment flows. The virtual currency is certainly on the rise and has the potential to be the first token to truly disrupt an industry, and if it does, expect XRP to reach Bitcoin-like levels of ubiquity in the near future.”
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