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Ethereum revolutionised the crypto landscape when it was launched in 2015. Ethereum became the second-biggest crypto by operating as a software platform that runs on a blockchain. Lots of developers use the Ethereum network to build and power new apps, tools, and NFTs.
Users can interact with the platform using Ether, the network’s native token — or buy and hold it as a store of value. Developers commonly use Ethereum to create their products, but some invest in it for its potential to increase in value over time.
Ether has skyrocketed in value since its creation. Ethereum was launched in 2015 by Vitalik Buterin. Since then, Ether has increased in price from $0.311 at its launch time to around $4,800 at its highest late last year — with plenty of volatility along the way.
After reaching an all-time high (ATH) of nearly $4,800 in November 2021, ETH and the overall markets have experienced bearish momentum.
Since January 2022, the token has dropped around 60% of its value – losing about $400 billion of market capitalisation.
In October 2022, the Ethereum price increased by nearly 20%, leading traders to forecast a potential ETH price target of $2K next.
However, the overall bearish trend in the crypto markets has led some investors to seek new cryptocurrency assets.
Ripple is a peer-to-peer, centralised cryptocurrency platform focusing primarily on international money transfers. The name of its native token is XRP. XRP transfers are based on a ‘distributed consensus ledger’.
The US Securities and Exchange Commission sued Ripple, its founder and executive chairman Chris Larsen, and CEO Brad Garlinghouse, accusing the company of raising $1.3 billion in unregistered digital-asset securities.
Despite the brief success of Ripple in the court and relatively calm performance on the market, XRP lost the local support level, which should have been the foundation of a potential future rally.
Following increased selling pressure, XRP plunged by more than 10% within 24 hours, performing another test that appeared successful at first. But, unfortunately, after five days of consolidation, bulls lost the battle against bears, and the price of the token tumbled, breaking the 70-day support that guided the asset upward.
One of the most talked about cryptocurrencies in 2022 is Rate That Crypto (RTC) – a new cryptocurrency predicted to outperform Ripple (XRP).
Rate That Crypto is an exciting game where players earn crypto’s by accurately predicting the price direction of their chosen tokens. It is a fantastic game that offers one of the best opportunities to earn and learn in the P2E sector.
Although dozens of crypto gaming projects exist, most have failed to penetrate the mainstream gaming market.
Their complex crypto and blockchain integrations drive away traditional gamers with little technical know-how. Rate That Crypto stands apart in the crowded gaming market with easy access and gripping game mechanics.
The game caters to both experienced and newbie gamers. Anyone can download the free game from Google Play or iOS App Store and get acquainted with the gaming mechanics. The game empowers users to earn while having fun and learning.
Many Crypto experts consider Rate That Crypto (RTC) among cryptocurrencies that will deliver profitable returns. With its presale stage ongoing, now is the right time for anyone that wants to make lots of profit to invest in Rate That Crypto.
>>> Buy Rate That Crypto Now <<<
For the latest news on Rate That Crypto check out the RTC Discord Server and join the telegram group.
Presale Website: www.ratethatcrypto.com
Linktree: https://linktr.ee/ratethatcrypto
Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.
Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.
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Analytics Insight® is an influential platform dedicated to insights, trends, and opinion from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.
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