{"id":371225,"date":"2019-02-12T19:00:56","date_gmt":"2019-02-12T19:00:56","guid":{"rendered":"https:\/\/wncen.com\/?p=371225"},"modified":"2024-06-11T21:03:09","modified_gmt":"2024-06-11T21:03:09","slug":"xrp-and-ripple-stand-to-benefit-if-the-world-bank-and-mckinsey-projections-are-true","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/xrp-and-ripple-stand-to-benefit-if-the-world-bank-and-mckinsey-projections-are-true\/","title":{"rendered":"XRP and Ripple Stand to Benefit if the World Bank and McKinsey Projections are True"},"content":{"rendered":"
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Ripple prices are stable but bullish<\/em><\/li>\n
SendFriend receives $1.7 million from Ripple and three other companies<\/em><\/li>\n
Transactional volumes are unexpectedly low four days after Feb 8 expansions<\/em><\/li>\n<\/ul>\n
Despite Cory Johnson exiting the company, XRP is stable as Ripple invests in SendFriend. XRP prices stand to break above significant resistance levels. What we would like to see is first prices printing above 34 cents as bulls of Jan 30, and Feb 8 are confirmed. <\/em><\/p>\n
Ripple Price Analysis<\/h2>\n
Fundamentals<\/h3>\n
Let\u2019s crunch in some numbers. In 2016, the World Bank estimated that workers from all over the world would remit $575 billion. Out of this, remittance to developing countries would make up $429 billion.<\/p>\n