According to a tweet from Weiss Ratings, XRP has a competitive advantage” over other cryptocurrencies in the area of payments. It seems that Weiss Ratings is acknowledging the good work that the Ripple team has been doing in 2018. 

Weiss Ratings, a private company which provides research and analysis for consumers and business professionals, sent out a tweet this week in which they said that Ripple’s consensus mechanism gives it a “competitive advantage” over other cryptocurrencies in the area of payments.

The tweet from Weiss Ratings:

It has been a good year for Ripple and XRP and Weiss Ratings seems to acknowledge this. In October, the company conducted a Twitter poll amongst its followers, to see which cryptocurrency projects were the ‘most favorite’ to buy with prices this low.

Giving people the option to vote on which is the best crypto to buy under $1, a total of 5,276 people participated in the poll. The results revealed that XRP, the token by Ripple, was the best crypto buy under $1. This, according to the voters at least.

In 2018, XRP and Ripple recorded a lot of successes with the release of xRapid and all the xRapid partnerships. The hype around XRP has only been getting bigger after XRP took over the second spot from Ethereum last month. It seems 2019 will be a great year for XRP.

At the time of writing, XRP is trading at $0.358, down 2.55% over the past 24-hours, according to data from CoinMarketCap.

LEAVE A REPLY

Please enter your comment!
Please enter your name here