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Up 350% in 12 Months: Is XRP Still Worth Buying?
XRP (CRYPTO: XRP), the native cryptocurrency of the open source XRP blockchain, has surged about 350% during the past 12 months. But should investors still buy XRP after that jaw-dropping rally? Let's review the bull and bear cases to decide.David Schwartz, Jed McCaleb, and Arthur Britto -- who co-founded the fintech company Ripple Labs -- created XRP in 2012. The three founders used XRP to fund Ripple's expansion, so Ripple became the largest single holder of XRP but didn't actually control its open source Ledger.Image source: Getty Images.Continue reading
XRP (CRYPTO: XRP), the native cryptocurrency of the open source XRP blockchain, has surged about 350% during the past 12 months. But should investors still buy XRP after that jaw-dropping rally? Let's review the bull and bear cases to decide.
David Schwartz, Jed McCaleb, and Arthur Britto -- who co-founded the fintech company Ripple Labs -- created XRP in 2012. The three founders used XRP to fund Ripple's expansion, so Ripple became the largest single holder of XRP but didn't actually control its open source Ledger.
Image source: Getty Images.
