Cryptocurrency markets have been on a decline for the past few days, so there are quite good opportunities to participate in high-potential projects and make a profit. Traders are quite undecided about which altcoin they want to invest in during these dips.
Tom, the host of the channel CryptoBusy, shared an altcoin that may attract the attention of traders and be bought in April.
Ripple (XRP)
Big potential altcoin available to buy in April Ripple (XRP). Ripple Labs Inc. XRP, created by XRP, actually serves as a payment system as well as being a cryptocurrency. XRP is a digital asset created for this global payment system. Ripple’s goal is predictably to rival money transfers run by banks.
XRP allows users to send money at a very low cost, attracting potential interest from retail customers and banks. Ripple’s claim is that it offers sub-five seconds of transaction certainty while having small transaction costs.
Ripple, which is frequently on the agenda with the ongoing lawsuit with the SEC, can actually prove how important a project it is if it wins this lawsuit. If the case is completed, the most important cryptocurrency exchange in the USA, Coinbase, may re-list XRP, and it is impossible not to experience a price increase as a result of this listing.
The deadline for the SEC’s position on additional exploration has been set for April 15. So April 15th and the common suggested timing pattern is April 22 or April 22, 2022, April will be a very interesting month for XRP. A lot of things are heating up for XRP this month.
On the other hand, we see some information spreading for Ripple: Michael JordanNFTComing to XRP Ledger. This describes a major use case for the XRP Ledger.
Ripple price, was recorded as $ 0.72 at the time of the news. Let me remind you that another retest towards $ 0.7 is also expected.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.