Should you buy SHIB or XRP now or look towards other cryptocurrencies

in LeoFinancelast year (edited)

*The world in which cryptocurrencies operate is a bit complex. Coins like Ripple (XRP) and Shiba Inu (SHIB) show how complicated it is to follow the price in these financial assets.
Shiba Inu is a memecoin that was successful in reaching the attention of millions of users around the world; On the other hand, Ripple is more related to conventional financial institutions, focusing on bringing the worlds of cryptocurrencies and official banking closer together.

Ripple despite legal litigation has been present in a saturated market which may have contributed to its late performance in the last bull market. Even with the SEC lawsuit and Ripple's recent court victory, it has achieved a generally optimistic feeling in the community, so XRP has made it clear that its utility is solid.
Ripple is based on a protocol consensus algorithm, so it differs from the proof-of-work mechanism of many other cryptocurrencies, this makes transactions faster and charges less in commissions.

Shiba Inu is a memecoin so it achieved a rapid rise, but this type of currency often loses the strength of its usefulness
The absence of solidity, together with speculative trading, leads to great volatility and sudden swings in the price of these currencies.
Although SHIB and XRP had their glory days, the market seems to be shifting towards other tokens like NuggetRush, which is advancing with a GameFi model and strong community support.

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