#XRP donations take a flight as payment services like Tip Bot, Coil become prominent
XRP, the cryptocurrency that was built by the blockchain firm, Ripple and now stands at the third position on CoinMarketCap recently had several big events occurring in its ecosystem. Some of the highlights were the approval of XRP Tip Bot app by Apple and Google stores, the launch of xRapid for commercial use, and the Ripple financial report for Q3, among others.
This week, a third party research analyzed the intrinsic price of XRP to be at $1.75, which is above 200% upside potential of the cryptocurrency. In the same report, it was also mentioned that the apparently false representation of XRP as Ripple can hinder the success of the ecosystem and is a current risk to its progress. However, it eliminated the allegations that call XRP a centralized ecosystem. It was also recently reported that around 21,000 XRP was donated to a hospital called St. Jude Children’s Research Hospital through Tip Bot and Coil. Regarding this, the creator of Tip Bot, Wietse Wind wrote: “Thank you for all your efforts and support @kingblue_XRP & #XRPCommunity – And hats off to @StJude keeping an open mind, being one of the first charities to publicly accept $XRP donations”
About Ripple's (XRP): Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement. XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa. XRP's five-year track record of stable technology and governance makes it ready for institutional and enterprise use.
Ripple’s (XRP) can be bought with fiat dollars, debit and credit cards on cryptocurrency exchanges such as CEX.io and Changelly.com and it can be bought with cryptocurrency on exchanges such as CoinEx, Binance, and HitBTC.
