Ripple Rises After Suffering

Ripple currency started to rise recently to coincide with the great rise in the cryptocurrency market in recent weeks, but the Ripple came late to start its rise in the past two days, and the strange thing is that despite this delay, the Ripple currency was able to achieve amazing heights.

Ripple coin that was created by Chris Larsen, which became a mockery of everyone in the beginning because of the very high Max Supply of the coin, which is 100 billion coins. The historical value of Bitcoin in 2017 was about $0.005, but at the beginning of the rise, Ripple stunned everyone and reached a price of $0.25, then reached its historical peak of more than $3.

Ripple fell again, as happened with all cryptocurrencies, and it continued around the price of a quarter of a dollar for a period of more than two years.

And at the beginning of this year, when Bitcoin shot up to $60,000 and all currencies breathed a sigh of relief, Ripple was in great suffering, as the case started from the SEC, which made the platforms begin to delete Ripple and investors started fleeing one by one.

With time, Ripple presented strong arguments that made its position on the issue very good, and therefore the beginning of the current rise wave, in which Bitcoin reached 47 thousand dollars, was a new beginning for Ripple, which rose to $ 0.6, and then, as we talked about this week, Ripple rose by about 70% to break the one dollar barrier It starts to $1.3.

In fact, the Ripple currency is considered the current good investment and the best this is because it did not reach its previous peak like the rest of the currencies, which amounted to 3 dollars, meaning that we still have about twice the current value waiting for us.