Cardano Vs. Ripple: Cardano (ADA) & Ripple (XRP) Resort To Out-of-the-box Methods To Stand Out

  • Cardano keeps rolling by introducing the community management team
  • Ripple makes an appeal to the Congress on strict policies against cryptos

The business models of both Cardano and Ripple have been noticed since the time of their inception, and now that the coins have also established their strong presence in the market space, the firms are trying new methods to stand out from the lot. ADA has recently started a social media campaign to introduce its community management team to the followers and start engaging conversations. On the other hand, Ripple has gone a step further to become the voice of the whole community by appealing to Congress for leniency with cryptos. The current performances of both coins have changed drastically.

 

Cardano – Ripple Price Statistics:

As on July 30, 2019, at 09:22:39 UTC, ADA token is noted to be trading at $0.059, and XRP is noted to be trading at $0.30. While AD has recorded a downtrend of over 1.6% since yesterday slumping from $0.060 to $0.059, XRP has also recorded a downtrend of over 6% declining from $0.32 to $0.30.

ADA XRP Price Chart
ADA XRP Price Chart
Statistics Cardano (ADA) Ripple (XRP)
Price  (USD) 0.059 0.30
Price (BTC) 0.00000631 0.00003261
Market Capitalization 1,554,252,697 13,264,173,128
24h volume 43,286,607 792,544,815
Circulating Supply  25,927,070,538 ADA 42,872,646,068 XRP
Return on Investment 176.94% 5,193.09%

 Yesterday, ADA started on a good note, but later the coin hit as low as $0.058 before rising back again to move at $0.062. Since then, it has been a slow ride for this token. XRP also moved between $0.30 and $0.32 almost throughout the day. The ROIs of both the coins have shown increment since yesterday. The prices have also been moving in an upward direction.

Cardano – Ripple Price Prediction:

Both ADA and XRP come under some of the high performing currencies in the present times, and this is a huge indication for traders to keep the trust alive in these tokens. The slow trends are momentary, and ADA may start trading above $0.106 very soon. Similarly, XRP may also move up to $0.7 by the end of this year.

Conclusion:

This is a perfect time to plan long-term investments in both XRP and ADA tokens as the coins may start surging again very soon.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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