Altcoin News: GMO Internet Survey: Investors Expect Maximum XRP Growth in 2019

March 20, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

The Japanese Internet giant GMO Internet Group conducted a large-scale survey on cryptocurrencies. About half of respondents said they expect the maximum growth of the XRP token in 2019.

The study, which took place from January 30 to February 20, was attended by about 11,000 people. At the same time, 70% of respondents expressed the opinion that cryptocurrencies are long-term investments and have great potential in the future.

The main reason for investing in cryptocurrency respondents called the hope of high profits. At the same time, despite the fact that investors are concerned about the high volatility of the market and the security of trading platforms, 90% of the respondents invested their money in cryptocurrency after the market peak at the end of 2017.

Note that the company Ripple and its XRP token are popular in Japan. Thus, a large financial conglomerate SBI Holdings plans to support the startup by increasing the adoption of XRP and pushing its course towards new heights. In addition, the authorities intend to soon more clearly define the legal status of cryptocurrency.

Author: Marko Vidrih