Ripple’s XRP Will Boom with WooCommerce Which Has 3.3 Million Active Online Stores-

Recently, Ripple has had a lot going on. In fact, a Ripple-backed company is making plans to bring the XRP token to the forefront of e-commerce. This isn’t just going to promote the adoption of the token. It will also boost the price as well. The founder of the XRPL Labs, Wietse Wind, recently announced that it is sponsoring a bounty for developers who want to build XRP-integration plugins for WooCommerce. The bounty has reached over 3,000 XRP and any XRP fan can contribute to the program. A Twitter post by Wietse Wind stated:

@WietseWind

WooCommerce $XRP #hackathon – Bounty: 500 XRP from me + 500 XRP from @XRPTrump + {who’s adding more XRP to the bounty!?} ๐ŸŽ‰

Requirements in the attached image. Invite me to your Github Repo if you’re ready ๐Ÿ˜Ž

XRP With WooCommerce Shipping

Since WooCommerce has over 3.3 million active online stores on its platform, this integration of XRP is going to fuel massive adoption for the third largest cryptocurrency per market capitalization. WooCommerce was designed specifically for WordPress. Keep in mind that about 33% of all the websites on the Internet are powered by WordPress.

Wietse Windโ€™s XRPL Labs is currently building a decentralized exchange, cold cryptocurrency storage, and regular cryptocurrency mobile wallets as part of its blockchain initiatives. Ripple has given grants to Wietse Wind on more than one occasion. Last month, Xpring, the investment arm of Ripple, made its latest investment to the company.

XRP Price Prediction 2019: XRP Price Today

If you’re a digital asset investor who has interest in XRP, it is important that you stay on the loop. Pay attention to XRP news, XRP price prediction 2019, and XRP price forecast. You also need to listen to news about Ripple, the company behind the XRP token. This is because, whether anyone wants to admit it or not, Ripple news affects the price of XRP.

XRP (XRP) Price Today – XRP / USD

Name Price24H (%)
XRP (XRP)
$0.224546
1.88%

For a few days now, XRP has been declining steadily against the USD. It fell below the support at $0.3050 and risked falling lower. It was only after it almost fell below the $0.3020 support level that the price of XRP bounced back and it started to move higher against the USD. The price was able to move above the $0.3070 and the $0.3100 resistance. It was at the $0.3165 resistance area that the bears gathered momentum and pushed the price down.

The relative strength index for XRP is in the bullish region moving higher toward 65. The MACD on the hourly chart is also bullish against the USD. It is crucial that the XRP to USD pair moves higher to gain bullish momentum. The XRP price prediction 2019 puts XRP price at $0.310634 at the time of writing. This shows that it is down by 0.43% against the USD and up by 0.45% against BTC. The trading volume over a 24 hour period is $689,313,639 and the market capitalization is $12,870,234,350. Crossing the resistance at $0.3200 will pave a way for more gains. Falling below the support at $0.3000 might give the bears more momentum.

What XRP Brings on Board

It is true that cryptocurrencies bear their advantages and part of their attractiveness stem from their global and decentralized nature. Because of this, the network has no downtime and users can pay using the currency anywhere in the world without worries of FX fluctuations. As digital assets, integration in global platforms with widespread use is a step in the right direction.

Without a doubt, the sudden exposure of XRP to around 3.3 million stores whose owners are keen of settling faster and securely with minimum expense is perfect for users. This would spur adoption and more is expected in the future now that the world is transitioning from analogue systems and embracing digital payment forcing the US Fed to upgrade their systems as end users demand more fluidity and high reliability.

Ecommerce Sales Projected at $4.8 Trillion by 2021

In 2017, global sales from e-commerce platforms amounted to $2.3 trillion but that amount is expected to double to $4.88 trillion by 2021 according Statista. With cryptocurrency expressing freedom, an opportunity in e-commerce can be tremendous in that users would execute their businesses globally thanks to enablers as WooCommerce. Even if WooCommerce is a facilitator, it is increasingly clear that the acceptance of XRP in this open source plugin will further boost adoption levels thereby drawing demand for the third most valuable currency. Source: Smartereum and Ethereumworldnews

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Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.