Despite the challenges, Ripple keeps doing its business as usual. The cryptocurrency corporation continues to run and grow globally even as its case against the SEC intensifies. Ripple is once again in the news thanks to its partnership with FOMO Pay after opening an office in Canada and expanding its presence in Morocco.
Despite everything, Ripple continues its operations.
Cryptocurrency businesses can still operate despite market volatility. Even though the market is once again in the red, Ripple is still planning on growing and developing. The real-time settlement mechanism is connecting the projects even though the litigation against the SEC is still pending.
The business established its first location in Canada in June, and it expanded in a number of ways in July. The platform has worked with the CrossTower trading platform in addition to expanding its footprint in Morocco.
If we thought we’d seen it everything, Ripple is rocking up the web once more by announcing its latest collaboration with the payments firm FOMO Pay. Indeed, cryptocurrencies are utilized all around the world and are growing more and more common.
The platform now works in a number of nations throughout the world as a result of its drive to grow. As a result, its partnership with FOMO Pay will increase its international cash flow. The two structures benefit from this collaboration.
XRP: The market decline does not halt it!
Most cryptoassets have a successful year in 2018. However, as cryptocurrencies are unable to maintain a high price, this year looks grim for them. BTC, the market leader, constantly oscillates between increasing and dropping prices.
As a result, the other assets go through similar changes and move in the same direction as the primary cryptocurrency. Ripple isn’t giving up on it, though. The company is still in the news even though, according to Tradingview statistics, its stock is currently down 1.42 percent.
Similar to those investors who remain optimistic and anticipate a speedy recovery, Ripple is expanding its project portfolio and making slight inroads into the cryptocurrency space every day. Its pricing was significantly impacted by the Securities Exchange Commission complaint. However, the business is making progress and regaining the trust of its customers one step at a time.
The cryptocurrency market is cutthroat and has a solid recovery. As a result, Ripple’s multiple partnerships demonstrate its will to succeed despite the SEC’s accusations. Despite a challenging cycle for the cryptocurrency, some experts think it will eventually exceed $3 once more. The business is still growing in the interim.
