Tuesday, May 11, 2021

CoinField Updates XRP Validator to Version 1.4.0 to Enhance Decentralization

CoinField, a cryptocurrency trading platform has announced the update to its XRP validator. The new version available for the users to leverage is version 1.4.0.

CoinField announced this few hours ago via its official Twitter handle. It also reassured its stern interest in taking steps towards giving its users support and decentralized experience.

CoinField shared thus, “We are pleased to announce that CoinField XRP Validator is updated to version 1.4.0. We are taking all the steps to enhance your experience and support decentralization!”

BitLord Reiterates His $220 Price Target for XRP

Sometimes around May 2019, a popular cryptocurrency enthusiast and supposed XRP investor, BitLord listed his future prices of some top coins, there he predicted that the digital token XRP is destined to attain $220.

He came some hours ago to reiterate his price forecast, saying he’s too conservative with his $220 price target for XRP. However, he sounded jokingly in his tweet, just like when he accused Ripple of dumping XRP on the investor, threatening to hard fork the digital currency. This alone makes BitLord’s stance about Ripple and its digital token XRP glooming to his over 100,000 twitter followers.

Read his statement below:

“Proud to announce another target smashed overnight! Congratulations to the XRP community breaking $8,341 USD. This is a show of strength coming into 2020. Shoutout to the non-believers. Again, I’m too conservative with my $220 target. -Crypto continues to amaze”

XRP Situation in the Market

The crypto market seems to have started getting back on track positively. This moment the Ripple’s digital token XRP increased by relatively 12%, aiding it to trade above $0.21 resistance level. Some XRP enthusiasts are still very optimistic regarding the greater height awaiting the cryptocurrency.

Actually, no price is too exorbitant for cryptocurrency to attain, considering where and how Bitcoin, the first and largest cryptocurrency started. BTC is now priced at around $8,000 today, making it the best performing assets of the last decade.

There seem to be lots of predictions in favor of the parabolic growth of XRP. Many believe that the effort of Ripple in expanding the reach of XRP by exposing its use cases to its over 200 banks and financial institutions through the partnership will soon pay off.

At the time of filing this report, XRP is trading at $0.213571, with about a 3% price downtrend in the last 24 hours.

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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