Is buying ripple A Good Investment?

Rudy Rogado asked, updated on January 27th, 2021; Topic: ripple
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The low token price means that anyone with a small budget can contribute to Ripple, meaning XRP offers a great investment opportunity. ... If the price goes down, you can always add more to your position. Ripple transactions are much faster and cheaper than those the Bitcoin network offers.

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Thus, who runs on Ripple?

Ripple Labs

TypePrivate
Key peopleRyan Fugger (Concept Originator) Alan Safahi (Advisory Board) David Schwartz (Chief Cryptographer and Chief Technology Officer) Ken Kurson (Advisory Board) Brad Garlinghouse (Chief Executive Officer)
ProductsRipple Payment and Exchange Network
Number of employees548 (2020)
WebsiteRipple.com

Anyway, is XRP dead? NO! Ripple XRP is not dead.

One way or the other, how much does ripple charge per transaction?

Meanwhile, XRP's average transaction fee is currently USD 0.0002, and peaked at USD 0.42.

Does ripple replace Bitcoin?

No. Ripple is primarily intended for use in inter-bank transfers (to replace SWIFT). Bitcoin on the other hand is intended as a currency.

2 Related Questions Answered

What is ripple Cryptocurrency used for?

Ripple's main process is a payment settlement asset exchange and remittance system that is similar to the SWIFT system for international money and security transfers that is used by banks and financial middlemen.

How does ripple work?

Ripple gateways transport payment IOU information to each other using https: the same protocol that banks already use for secure online credit card payments. 3 to 4 seconds after a payment is made, the Ripple network triggers the gateways involved in the transaction to update their ledgers.