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You think Ripple (XRP) and Stellar (XLM) are competitors? Think again.

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Ripple Stellar
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Ripple (XRP) and Stellar (XLM) are top cryptos in the entirely. Even with the fierce rivalry that occurs in the cryptosphere with many altcoins expanding, it is necessary to know that Stellar (XLM) and Ripple (XRP) have magnificent structures that separate them from competition and help them succeed on their own.

However, both Stellar (XLM) and Ripple (XRP) are not in competition with each other; instead, each of them has its very own ways to win in the cryptosphere. The main point is, both of them can thrive together.

The market position and price of Stellar (XLM) and Ripple (XRP)

XLM and XRP aren’t highly priced, and this makes them the best option for mass adoption. However, with the great expansion of altcoins in the crypto market today, lots of investors are only interested in the value and gains that each cryptos present.

However, it is necessary to know that the increasing rate of altcoins in the cryptosphere is since Bitcoin (BTC) has lots of shortcomings and new altcoins are looking for ways to correct these failings, and XLM and XRP are top-picks that give solutions to real-life problems.

Furthermore, XLM and XRP are coins that aim to adopt a large number of investors; as it stands, both of them do not have any form of competition or whatsoever regarding services rendered and the number of investors being targeted. On the other hand, investors know what they want, and they are sensitive to the worth of each crypto not just on their current price, but on a long-term perspective.

Both cryptos have appealing entry points for different types of users. At the time of writing, XLM is priced at $0.18809 with a market capitalization of $3.5 Billion. XRP, on the other hand, is currently priced $0.44797 with a market capitalization of $17.5 billion – clearly, Ripple (XRP) has a more significant market capitalization than Stellar’s XLM in the crypto market.

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Even though there is a big difference in the market capitalization of these two, there isn’t any form of competition. Ripple (XRP) is being adopted by banks to solve real-life problems, and there are more than 100 banking entities that have embraced the cryptocurrency presently. This feat is making Ripple (XRP) a futuristic cryptocurrency.

Stellar (XLM) has not achieved much when it comes to partnerships (IBM seems to be its biggest lead so far). Although, the kind of collaborations that Stellar (XLM) does is different from Ripple (XRP).

Both coins have different goals that set them apart

Stellar (XLM) and Ripple (XRP) are not in competition because of the fact that both of them have different goals, and they operate differently. Stellar’s developers aim to help startups, while the team behind Ripple objective to partner with banks.

These two goals are quite different; it distinguishes them and state what each has to offer. Additionally, we are safe to say that both Stellar (XLM) and Ripple (XRP) co-exist together and thus, there is no rivalry. Investors have the final say on which has the potential of booming in the future.

Both are cheap right now, Ripple (XRP) went down by 7.9% in the last seven days and Stellar (XLM) got declined by 9.35%, so from an investment point of view, it’s the best time to purchase both at low price in bulk considering that both have tremendous potential to grow and perhaps none of two might be this cheap again.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

DGB Price Prediction For 2018 and Beyond

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DGB price prediction
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With the crypto market being constantly bearish throughout this year, a lot of investors are having second thoughts about buying additional coins. While some large cryptocurrencies like Bitcoin or Ethereum can be considered safe investments, smaller coins like Digibyte (DGB) often receive a lot of doubt. This is why the DGB price prediction is necessary so that the investors can know what to expect.

DGB Price Prediction

DGB has had its ups and downs throughout this year, and at some point, it even went up by 70%. However, the constant bear market affected it just as much as numerous other cryptos. This has brought its value down to its current $0.025378 per coin. Some optimistic predictions from earlier dates saw the coin reaching as high a price as $9.20 by the year’s end. However, as we approach the date, it seems less and less likely that this DGB price prediction will come true.

The coin is generally seen as a profitable investment. As it is always the case with cryptocurrencies, they should be bought when their prices are down, so that a profit could be made when they spike up once more. Digibyte is no different, but it should be noted that investing in this coin means having patience. DGB is not among the coins that will make you rich overnight, and instead, it should be seen as a long-term investment.

Even though 2018 has been as…

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Altcoins

Why ZCash (ZEC) Is Heading to $10k

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ZCash
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Back in mid-May, the Winklevoss Twins made the headlines for embracing ZCash (ZEC) as one of its major digital assets on their groundbreaking Gemini exchange. When the announcement was made, ZEC rallied in the market by showing a 45% increment in value. The coin made it to $357 in a matter of hours.

Further assessing the currently available digital assets on the Gemini platform, we find that the exchange currently has USD pairings for only Bitcoin (BTC), Ethereum and ZEC. There is also additional pairings of ETH/BTC, ZEC/BTC and ZEC/ETH with plans to onboard Litecoin in the coming days.

Another thing to note is that the exchange also provides custodial services for institutional investors thus giving ZEC the much-needed exposure to the firms on Wall Street. Custodial services provide a guarantee that all digital assets on the platform are stored by a licensed entity thus extinguishing any cybersecurity concerns. For an entity to be licensed in New York for custodial services, the proper due diligence and research have been done.

Another thing that makes the Gemini exchange attractive and appealing to institutional investors, is that all USD deposits are insured by the FDIC. The latter entity is the Federal Deposit Insurance Corporation that provides insurance for USD deposits in American banks. This means that once again, the funds of individual and institutional investors are safe and insured, further making…

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Altcoins

Ripple XRP Mega Breakout: What’s Next?

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Ripple XRP mega breakout
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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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