Growth in the crypto market is one of the few things that truly excite crypto enthusiasts. This is because growth is an excellent pointer to profits and continuous value addition. This means that crypto users and investors are constantly on the lookout for coins and crypto assets that have the potential to become huge in the market.
The growth potential of these coins depends largely on the asset details. A good instance is if altcoins are a better alternative to making huge returns in the crypto market than Bitcoin (BTC). This is probably because many agree that Bitcoin (BTC) has less room to grow. With that reasoning, many users often opt for the coins that have the highest growth margin. This smart play also means less risk for more rewards.
There are several coins in the market, which means many options for crypto users and investors to pitch their tents. The numerous options also mean that investors are conducting their due diligence before sticking with a coin. In their research, investors and traders often pick coins that can potentially turn over high profits in the coming days.
Ripple (XRP) and Cryptoons (CTOON) are high-value coins showing significant progress in the crypto market.
XRP: The Top Crypto Asset
Ripple (XRP) is one of the few unique coins that have the potential to make it in the crypto market. As a top cryptocurrency, Ripple (XRP) offers a unique solution to one of the issues plaguing the crypto space. The crypto asset was designed to help solve the database issues with centralized institutions.
The utility token supports the transactions on Ripple’s (XRP) Payment Solution and the XRP Ledger. The XRP Ledger is taking blockchain technology into the global financial space. With the crypto asset, financial institutions can make use of the XRP tokens to cross border fund transfers. Apart from financial institutions, individual users can also make use of the token to make financial transactions without paying any expensive transaction fees.
Just before the coin made its debut in the crypto market, the SEC launched a lawsuit against the company behind the cryptocurrency. The lawsuit was filed with the claims that the company violated its securities laws. The court case has been on since 2020, but progress has been made in recent times. The advancement in the court case has been reflected in the crypto asset as Ripple (XRP) is gaining more and more support in the crypto platforms. The action of the SEC against the crypto asset has sparked debate in the crypto market about the tactics of the government organization. The SEC has been inconsistent with its enforcement methods, and that threatens the broader cryptocurrency industry.
The support of the crypto community has been of great help to the coin and has also improved its value in the crypto market.
CRYPTOONS: Using Blockchain Technology to Progress Art
The blockchain sector and the manga industry are enjoying a mutually beneficial relationship thanks to Cryptoons ($CTOON). The crypto asset serves as the bridge that introduces comics, manga, and webtoons to the blockchain. With millions of followers worldwide, these industries have a wide reach that could be expanded more with blockchain technology.
With the aim of reaching a wide audience, the developers of Cryptoons ($CTOON) chose the Ethereum (ETH) blockchain as their foundation. With a solid foundation, Cryptoons ($CTOON) is set to deliver on its promises. Also known as the three pillars of expression, the Cryptoons ($CTOON) promises digital accessibility, collectible printing, and transparent transactions.
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