Is the end near for ripple ?

[senne]

Since I came on this forum, I have tried to read and understand the top 10 tokens on coinmarketcap
But today I want to talk about ripple

I have believed ripple to be a banks token, and they have couple of agreements with banks too
Making good progress.

But with JPMorgan creating a stable coin to be used internally for banking purposes and faster transactions; what happens to ripple ?

Anyone can enlighten me further the consequences of banks creating their own Blockchain, ignoring ripple??

Just because of the entrance of a competitor which also isn't really competing directly, you are calling an end of a coin which is in top 10 and a great community support.

Jp Morgan might have made their coin but ripple has the first mover advantage and the required partnerships. They might try to acquire ripple that would be a different case.

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[Gab20]

Ripple will still remain relevant, but it might have competitors and for that reason, we might not see it grow as expected, most especially the market cap and the price. The only factor that will enable rapid growth, is if there is rapid general growth in the market.

[Alohadanc3]

I don't think so. Ripple is one of the great project in this market. I know many people don't like ripple cause it is backed by banks and it's kind of Centralised that's why. But if you see it as just a project then you will understand that it is one of the best project with great development. Ripple is a project based on money transfer and some banking realated coin. And many banks already accepted ripple they already developed some technology regarding this. JPmorgan creates a stable coin that has nothing to do with the technology that offer by ripple. And if JPmorgan enter the market ripple have to face a hard compitior that's all.

[Brainnin]

Nothing bad will happen to ripple, ripple is one of the top coin in coin market, I believe ripple will keep doing well even if banks now create their own blockchain separately.

[karma_project]

I think that this project will develop successfully over the coming years. It seems to me that this project is one of the most powerful and promising at the moment. I do not believe that this coin will die.

[dicaprio]

You know that I also had the opportunity to evaluate the XRP project before. Now the project, despite all these problems with centralization, is very popular and I think that it will develop because it is a normal reaction to the development of the project.

[sijonru]

Ripple is losing momentum, as bitcoin and ethereum continue to rise XRP remains stagnant.  Many investors are starting to realize that ripple was a centralized scam from the start.  The thing is that its not even really a crypto currency and should have never been listed on any coin tracking websites in the first place.

I see the XRP today at the position of USD 0.30 and it is very difficult to rise, even though other coins experience price increases. Maybe XRP was abandoned by investors because they didn't like it.
In crypto trading, negative sentiment can have an adverse effect on prices so that coins will remain stagnant, even though the exchange is full of transactions and other coin prices increase.
But I am optimistic that XRP will be able to rise again following the overall crypto trend, especially if there is a capital injection from large investors, it can stimulate to buy XRP.