Monero (XMR) and Ripple (XRP) Are The Best Choices Nowadays
Whatever crypto you choose to invest in, this business is not 100% guaranteed to bring you massive success. But either way, it’s important to go with the winners. Here where Verge, Ripple, and Monero stand these days.
Some think that Verge’s secret partnership is a bit too much and the promise of delivering the partnership of the century was low key. It also revealed that MindGeek is the company behind YouPorn and PornHub. It seems that this massive announcement of their deal didn’t bring Verge much good at least in the short term.
For the moment, holders of XVG have to content with a possibility that prices could tumble even more. The coin is already down by 31%, and it seems to be diving much faster than it was previously believed.
Monero is a privacy-focused mineable coin and its appeal comes from its hidden transaction details. They are not available anywhere on the blockchain. In other words, XMR provides total anonymity besides the fact that it’s completely secure and untraceable.
The use of its Ring Signature feature means that anyone who is looking for security and privacy will find these in Monero. Besides increased privacy, Monero also offers cheaper but still secure mining system. It uses CryptoNight mining algorithm, allowing you to mine XMR with CPU or GPU.
Monero is among the coins that are entering a positive run as the market is currently expecting a second wave of prices. Even if the coin’s value took a dip during the past few months, the coin has seen an uptrend and it managed to climb significantly.
Ripple platform could be an amazing project especially if you’re aware of its plans in the crypto space. The coin is ranked third in terms of market capitalization and it’s definitely set to grow in value. Ripple is one of the most significant crypto projects and it currently enjoys a vast visibility all over the world as it’s listed on Coinbase.
The number of banks, governments and payment providers that are teaming up with Ripple is continually increasing with each passing day. This translates in a higher potential to become the asset of choice for these transactions. Ripple’s price movements give the coin fine margins four rebounds in case of reverses and if the current bullish run of the crypto lasts longer, Ripple could even become one of the top gainers with massive ROI.
So, between these three cryptos, it’s definitely safer and wiser to go with Ripple and Monero.
Coinbase is a digital currency exchange headquartered in San Francisco, California.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.