This Ripple also tries to impose himself as green cryptocurrency it is no mystery to anyone, because the whole group that governs the protocol continues less emissions de $ XRP for some time now.
However, few people would have expected such an investment. According to a recent report Press release, Ripple would have made an investment ESG with Renewable energy Nelnet - for a total of 44 million, in a fund in which it will invest solar energy.
A hot topic, which will also be a big stage for Ripple and it could help cryptocurrency to push the market. $ XRP it is also registered on the Capital.com platform (go here to get a free unlimited virtual account), intermediate with artificial intelligence identify any errors affecting our investments.
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Ripple bets on ecology: 44 million ESG investments
Ripple has always tried to ride the wave of ecology which, on several occasions, has also become a central theme in the world of cryptocurrencies. This happened when the arrows au Bitcoin and suspected pollution from mining widely circulated in newspapers. Ripple, management said, did not mining and has practically zero consumption for its transactions.
A stance which, however, is now becoming much stronger and more concrete, thanks to an investment in joint venture with Nelnet, for a total investment of $ 44 million. Ripple's partner company, which has a Evaluation E1 ESG assigned by Standard & Poor's and which has established itself as one of the most important groups in the financial sector linked to renewable energies.
With this sum, a solar energy project will be financed - which will end in Ripple Nelnet Renewable Energy Fund - with a shift emissions 1,5 million tonnes de of CO2, during the next 35 years. An amount of offset to render Ripple in fact one cryptocurrency with a negative impact.
What effects can this news have on the price of Ripple?
In a relatively complicated day for the whole sector, with also Bitcoin which is in relative pain, some news has little impact on the market.
However, it is a participation extremely important, of those who can change the Perception of a company, even when it is relevant as Ripple. Therefore, a good choice is to create the fund, even if we have to look at it exclusively through the eyes of investors.
And me moderate prices these last hours can be a good opportunity to buy $ XRP at a relatively low price. It is found on eToro (go here to get free demo account with exclusive features) - which will allow us to invest directly or on smart wallets with several cryptos in it, I Copy portfolios. For those who prefer to be guided, the CopyTrading, which with just one click allows us to invest copy the best - or even from to spy their movements.
What to expect from the price of Ripple?
The commitment of Ripple Apart from sectors traditionally linked to the blockchain world, it will also have significant impacts in terms of advertising. And this will have a positive impact on the price. THE XRP target price fixed by our analysts are, in our opinion, still fully valid.
And the noise of the last few hours on the market should in no way be a cause for concern. On the contrary, they seem to be more and more a good window to enter the market.