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Can Ripple Compete With Ether after Recent Price Plunge?

Can Ripple Compete With Ether after Recent Price Plunge?

by David Drake Ether has overtaken Ripple to reclaim its position as the second biggest digital currency in terms of market value. Ripple’s second-place spot was short-lived having overtaken Ether only ten days ago after which it dropped to third place after its value surged by more than 14%. According to Eran Eyal, CEO and Founder of Shopin, the competition between Ether and Ripple is not about to end. “The race and rally between Ripple and Ethereum is absolutely going to continue. You’re going to very likely see a huge spike in Ethereum over the next coming months and quite possibly hitting $8000 by next year. Ripple has had a fantastic rally and amazing adoption by banks, whilst Ethereum has far greater widespread application. We are only starting to see that now and when upgrades hit Ethereum this year that will go to a completely new level,” Eyal says. Many ... Read More »

Can Dogecoin Compete with Leading Cryptocurrencies in the Coin Market?

an Dogecoin Compete with Leading Cryptocurrencies in the Coin Market?

By David Drake Dogecoin, the cryptocurrency that was created as a joke back in 2013, has now passed the $2 billion mark in market capitalization. Unlike other cryptocurrencies that offer benefits like blockchain usefulness, practical application and transaction speeds, dogecoin seems to be an attempt to simply cash on cryptocurrency popularity. According to Shaun Dindial, the Managing Director at LDJ Capital investments, investor speculation has led to the growth of Dogecoin popularity and has continued since its launch. “Dogecoin is a great example of how speculation can run a currency up to such a high market cap. This trend is surely not over as investors pulling out of other currencies are looking for huge returns on the cheaper coins. Even if it’s not a long term strategy, the short term can be quite lucrative,” Dindial notes. In early December 2017, Dogecoin was trading at $0.0021, and at the time of ... Read More »

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