Cardano Vs. Ripple: ADA Records 6% Downtrend While XRP Declines by 3% Within a Day
- ADA declines by 6% from $0.064 to $0.060 within a day
- XRP slumps by 3% in a day from $0.33 to $0.32
This week has brought surging trends for most of the cryptocurrencies and Cardano & Ripple are also part of the group. Although Facebook’s Libra seems to be posing a good amount of threat to hold on the top positions in the coin ladder these currencies have also established a strong presence in the market over the years and may not let go easily. The current market performances of both tokens depict surging trends.
ADA-XRP Price Statistics:
Since yesterday, ADA has declined by 6% dropping from $0.064 to its current value at $0.060 as on July 22, 2019, at 10:54:10 UTC. The same is the case with XRP as well which has slumped from $0.33 to $0.32 recording a 3% dip in a day. The movement of both coins is similar to rise and fall at almost the same places but ADA has shown more prominent movement than Ripple.
|Statistics||Cardano (ADA)||Ripple (XRP)|
|Circulating Supply||25,927,070,538 ADA||42,832,704,971 XRP|
|Return on Investment||180.21%||5,461.09%|
ADA’s ROI has increased since last week and so has XRP’s. While XRP seems to be continuing with the rising trends now and may close the day at $0.33 again, ADA may close the day around $0.061.
Cardano-Ripple Price Prediction:
It is a good period for currencies lagging behind to catch up with their counterparts and record growth. Both Cardano and XRP have gone above & beyond to promote their respective tokens in the global markets and ink strategic partnerships that can speed up the entire process. Hence, while ADA may rise as high as $0.150 by the end of the next month, XRP may again shoot up to $0.50. While ADA may trade around $0.3 to $0.5 by the end of the year, XRP may also rise up to $0.7.
This is the perfect time to plan investments in growing cryptocurrencies like ADA and XRP as the future of these is strong, sustainable, and profitable.