RATE Group | Will XRP Price Surge in August This Year Due to Intense Usage in Tokyo Olympics?
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Will XRP Price Surge in August This Year Due to Intense Usage in Tokyo Olympics?

Will XRP Price Surge in August This Year Due to Intense Usage in Tokyo Olympics?

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2020 is expected to be a big year for cryptocurrencies, and for a number of reasons. Predictions regarding Bitcoin surge have already been making headlines for weeks, if not months. However, many predict that altcoins will also explode for their own reasons throughout the year, especially when it comes to XRP.

Recently, The XRP Daily posted Ripple employees’
predictions for 2020, while including the thoughts and predictions of some of
Ripple’s partners. Among them was Tomoyuki Nii, the Executive Officer for
Overseas Investment at SBI Investment.

He stated that “At the Tokyo Olympics, a lot
of people will come to Japan. They will be shopping and traveling around and
they will be able to use XRP in a secure way, protected by a platform like
Elliptic.”

Japan is becoming increasingly
XRP-friendly

As many likely know, Ripple, the crypto startup that has developed XRP, has been making deals with banks around the world, offering its payment processing system that uses XRP….

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