Ripple (XRP) News – This survey confirms that the demand for XRP tokens is increasing

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Each and every week, we hear about new developments in ripple (XRP). However, point in most of the investors and traders in XRP tokens did not actually know whether the actual demand for XRP tokens is increasing or not. Only when the actual demand for XRP tokens increases, the price of XRP tokens will increase as well. This is one of the main reasons why this question holds such a lot of importance.

This survey confirms that the demand for XRP tokens is actually increasing:

a survey which was done by Wirex, actually confirms that the demand for the ripple (XRP) token is actually going up. Wirex is actually a platform which allows the users to buy, exchange cryptocurrency as well as store cryptocurrency. It also allows them to store Fiat currency as well. It does not charge any fees for the same. It has over 1.8 million users. It conducted this survey through Twitter. It asked the users regarding the cryptocurrency which they prefer.

According to the survey, 73% of the users preferred XRP tokens instead of any other major cryptocurrency. This is actually a significant news for the XRP tokens. With the increased acceptance as well as usage of XRP tokens, the demand for XRP tokens will increase as well. As the demand increases, the price will eventually follow.

On the other hand, when the surprising outcome of the survey was even though Bitcoin (BTC) is the most dominant in the most popular cryptocurrency but it was actually preferred by only 15% of the respondents. The current market cap of Bitcoin (BTC) is over $ 100 billion as well. Many users actually expected that Bitcoin (BTC) will be the most accepted cryptocurrency. However, it is certainly not so.

With the tide turning in favor of Ripple (XRP), it has a distinct advantage as well. The advantage is even significant when you take into account the significant fundamental developments which are taking place in ripple (XRP). Ripple is constantly working to integrate newer and newer partners as well. Moreover, it is launching newer and newer products like xRapid as well as XPring. That is why the potential to use the RippleNet is also increasing at a rapid pace. With more products coming out of the ripple company, the usage of the RippleNet will become easier as well.

With the opinion finally turning in favor of Ripple (XRP) in comparison with the other larger cryptocurrencies as well, it seems like the fundamental developments, as well as the efforts of the development team, are finally paying off.

About Riddhi 224 Articles
I am an electronics engineer and follow the crypto space closely.

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