It wasn’t too long ago that people were calling for the downfall of Ethereum and for Ripple to take its place. For a while, it seemed like that was going to be the case but now, new development is taking place. The ETH vs. XRP rivalry is heating up more than ever. So who will win and which crypto should you invest in?
ETH VS. XRP: ETHEREUM MAKES A COMEBACK
The month of January has been good to Ethereum so far but can it continue to show off its strong performance? Many analysts predict that it will. Community support for Ethereum is as strong as it’s ever been with the upcoming hard fork closing in. Comparing to other cryptocurrencies like XRP, ETH is staying in the green for a longer period of time. That being said, we still have yet to see this crypto reach back around the $160 mark as it was in November before the massive market sell-off took place.
ETH VS. XRP: RIPPLE STILL HAS STEAM?
2018 was a fantastic year for XRP as we saw a handful of well-known banks partner with Ripple for their speedy transactions. For a while there, it seemed like XRP was going to surpass ETH by market cap but as of now, it remains firmly in third place ahead of Bitcoin Cash. While it’s the price of $.364 might be an indicator of this crypto’s success, that’s far from the truth. XRP has a massive circulating supply of over 40 million but all signs point to this becoming a major player in the game.
ETH VS. XRP: WHICH CRYPTO TO INVEST IN?
At the moment, investing in XRP seems to be the safer move. Everyone has high hopes for the ETH hard forks coming this month but until they actually happen and we see the results, it is all speculation. So if you’re itching to invest in something, Ripple’s success is hard to deny.
Need cash to invest? Then head on over to YouHodler.com. Here, you can put your ETH up as collateral and receive cash in return to invest in XRP. This will be a good way to “hodl” your ETH until after the hard fork. Once you pay back your loan, you get your ETH back more if the price goes up (which many think it will). All in all, it’s a good method to get starting capital without having to sell off any crypto.