Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Which coin is similar to XRP? ›
| Name | Market Cap | Circulation Supply |
|---|---|---|
| ETH-USD Ethereum | 292.18B | 120.26M |
| SOL-USD Solana | 76.41B | 465.59M |
| ADA-USD Cardano | 14.14B | 35.59B |
| TRX-USD TRON | 10.58B | 87.01B |
- IBM Blockchain.
- Ethereum.
- Stellar.
- Oracle Blockchain Cloud Service.
- Swirlds.
- Daml.
- Tangle.
- Bitcoin.
Ripple's top competitors include Fireblocks, Arf, and Airwallex. Fireblocks provides a blockchain security platform. It creates blockchain-based products and manages digital asset operations. It exchanges, custodians, banks, trading …
What is XRP going to replace? ›Ripple (XRP) is a payments settlement system and currency exchange network designed to rival SWIFT (a money-transfer network) or to otherwise replace the settlement layer between major financial institutions.
Which crypto can give 1000x in 2024? ›PlayDoge – Meme Coin With Play-to-Earn Utility and a 1000x Potential. Our next pick for the cryptocurrency most likely to soar by 1000x is $PLAY, the native token of the PlayDoge ecosystem. This new meme coin boasts the popular Doge mascot in a classical 2D art style and a play-to-earn game utility.
Which coin will boom in 2024? ›| Coin | Market Capitalization | Current Price |
|---|---|---|
| Solana (SOL) | $71.7 billion | $153 |
| Ripple (XRP) | $34 billion | $0.6 |
| Dogecoin (DOGE) | $14.5 billion | $0.1 |
| Cardano (ADA) | $11 billion | $0.33 |
1. Pepe Unchained – Ethereum L2 Meme Coin With the Highest Growth Potential. We have picked Pepe Unchained ($PEPU) as the crypto offering the highest growth potential in 2024.
Will Ripple make me a millionaire? ›Cryptonewsz.com is even more bullish: it believes XRP will rise to $9.81 by 2030, which would turn a $10,000 investment into more than $196,000. But for XRP to turn a $10,000 investment into over $1 million, it would need to generate a 100-bagger gain. Even the most bullish forecasts fall short of those expectations.
What crypto is connected to XRP? ›Ripple (previously Ripple Labs) is a company, and XRP is the name of the native cryptocurrency for XRP Ledger, an open-source distributed ledger run by the XRPL foundation. "Ripple" is also sometimes used as a name for the XRP token, but Ripple (the company) does not own or control the blockchain and cryptocurrency.
Which is better Cardano or XRP? ›Cardano's focus on a secure, scalable platform positions it for steady, long-term growth in the crypto market. XRP's future hinges on lawsuit outcome, offering high potential for short-term gains. Diversifying investments in both Cardano and XRP can balance risk and reward for crypto investors.
Which coin will reach $1 in 2024? ›
In the dynamic landscape of cryptocurrency, these ten coins, including TRON, Shiba Inu, Astar, Kaspa, Dogecoin, Stellar, Kava, Polygon, Cronos, and VeChain, present diverse potentials for reaching the $1 milestone in 2024. Investors keen on penny cryptos have a spectrum of options to explore.
Is XRP or Solana a better investment? ›So, there is upside potential. If you're currently holding XRP tokens, it could be worth waiting to see what develops. Over a long-term horizon, though, Solana appears to be a far superior investment.