Post
Topic
Board Speculation (Altcoins)
Re: Cardano and xrp the most gainer of the day.
by
bitgov
on 22/08/2021, 13:56:43 UTC
Cardano and xrp said to be the most gainer of the day, this two major crypto coins were trading so high is there something new?, or is it all because of the influence of the two most important coins ether and btc, or maybe it is because many people shows buying interest because they see that crypto is a store of value akin to gold.

As for Cardano, the recent increases are due to the fact that smart contrats will soon be introduced. Many people hope Cardano will introduce something innovative that will become a direct competitor to Ethereum.
As for Ripple, it is because they managed to avoid a SEC penalty. However, this does not change the fact that it is a centralized coin and therefore very dangerous when it comes to investing.