Will XRP Army March Ripple to the Moon?

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 MercuryFX, the alternative to banks for receiving and sending international currencies, recently tweeted their praise for Ripple (XRP). Earlier this year, the company announced that it will be piloting Ripple's xRapid system, which uses XRP to settle payments. Ripple (XRP) investors have been waiting for an official announcement from MercuryFX and four other major remittance companies testing XRP that they will be going live with the product.

While not an official announcement, MercuryFX sent a tweet acknowledging the glowing success of the testing and that an official announcement shall be coming soon regarding going live with the program.

"In Q1, along with other xRapid pilots customers, we have proved that #xRapid can lower liquidity costs & increase payment speed and transparency using #XRP. We are looking forward to continued successful testing and going into production."

XRP Army

This is not the first tweet from MercuryFX about Ripple (XRP. In fact, there have been numerous this year. Moreover, MercuryFX appears to be part of the growing XRP-Army, and they just might be the first to show the world the power and efficiency of XRP.

In the last few weeks, MercuryFX has tweeted an article about Ripple (XRP) outperforming other cryptos as well as other tweets, calling Ripple (XRP) "revolutionary". Beyond the tweets, MercuryFX does a whole section on their website about the enormous potential of blockchain technology to transform their industry. This is very exciting for the XRP investor, because who would know better about the product than a company who has been testing it?

Koinex

In other Twitter (NYSE:TWTR) news, Koinex (digital-asset exchange) announced via Twitter (NYSE:TWTR) that it has added XRP.

"@Ripple (XRP) has always been a crypto-crowd favorite because of its high liquidity and ease to transact. For the first time in the crypto world, Koinex proudly presents XRP-based trading market with 8 XRP pairs going live tonight. #XRPTheStandard"

It is important to note the hashtag at the end of the message "#XRPTheStandard". This says a lot for what the exchange things of XRP's ranking among other cryptos.

Koinex touts itself as a zero-cost cryptocurrency trading exchange. The exchange is said to be based in India, which is classified as an economic emerging market, and one that Ripple is trying to target. This is also significant because Koinex has become the first exchange to offer Ripple (XRP) trading pairs.

The exchange is currently only available to Indian citizens. However, it is possible that Koinex trades will be available soon in other parts of the world.

The tokens available in the Ripple (XRP) market:

*  Aeternity (AE/XRP)

*  EOS (EOS/XRP)

*  Golem (GNT/XRP)

*  Litecoin (LTC/XRP)

*  Nucleus Vision (NCASH/XRP)

*  OmiseGO (OMG/XRP)

*  Request Network (REQ/XRP)

*  TRON (TRX/XRP)

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Disclosure:

I have received no additional compensation other than the Ethereum that Hade Technologies pays to produce Exclusive content

Comments (12)

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There is a good chance the sec declares xrp a security.

   0   Reply (1)   Follow(6)  

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    I don't think this will be good for the price.

       0  

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      • Tito
      • ,  Contributor
      • 03 May 2018, 05:05 pm

      I can see XRP at 1.5 easy in a few months.

         0   Reply (0)   Follow(6)  

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        • Jesse
        • ,  Contributor
        • 03 May 2018, 05:05 pm

        Personally, I like litecoin considering the technology and the price, but XRP is also a close second.

           0   Reply (0)   Follow(6)  

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          Who has been able to experience trading XRP on Robinhood?\n

             0   Reply (0)   Follow(6)  

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            • DoubleD
            • ,  Contributor
            • 03 May 2018, 04:05 pm

            MercuryFX trialed the liquidity solution and deemed it satisfactory.\\n\n

               0   Reply (2)   Follow(6)  

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              • Scott
              • ,User
              • 03 May 2018, 04:05 pm

              What did that trial entail exactly?

                 0  

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                No specifics were provided, the way I understand it.

                   0  

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                  • Jesse
                  • ,  Contributor
                  • 03 May 2018, 04:05 pm

                  While xRapid and XRP are connected rather tightly, the service providers who make use of xRapid may not be too interested in XRP.

                     0   Reply (1)   Follow(6)  

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                    EVERY xRapid transaction uses $XRP

                       0  

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                      Mercury FX typically saves its clients up to 4% on transaction fees compared to the average high street bank.

                         0   Reply (0)   Follow(6)  

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                        • DoubleD
                        • ,  Contributor
                        • 02 May 2018, 04:05 pm

                        Ripple crowd is all over the place with opinions.

                           0   Reply (0)   Follow(6)  

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