Better Meme Coin: XRP vs. Cardano
XRP (CRYPTO: XRP) and Cardano (CRYPTO: ADA) are both volatile cryptocurrencies. XRP, the native token of the Ripple payment network, started trading at $0.0058893 in 2013, soared to its all-time high of $3.84 in 2018, but now trades at $0.59. Cardano, the native token of a third-generation blockchain, started trading at $0.025 in 2017, set a record high of $3.09 in 2021, and now trades at about $0.44.
So if you had invested $100 in XRP, your investment would have briefly blossomed to more than $65,200 before shrinking back to about $10,000. That same $100 investment in Cardano would have grown to nearly $12,400 before dropping back to $1,800 today. Should investors still buy either of these meme coins in this choppy market?
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Source Fool.com
