Ethereum and Ripple were the most rapidly growing blockchain based digital coins. After Bitcoin’s growth these coins did everything in their power to come out of the shadow and take their own stand at the pedestal.
Ethereum has grown by almost 9500% since its establishment, and XRP gained whopping 35 500%. These numbers are higher than Bitcoin’s – the biggest crypto out in the market. And it seems that such gains could only be experienced by the coins without any weak spots. But that is not true.
Digital money is oriented at the future and their value does not lie in them as “independent money”, but as the representatives of potentially successful platforms. Ethereum is a good system for developing of decentralized apps, and Ripple is perfect for instant transactions with minimal commission.
But these two coins have the same foes: the difficulties with implementing blockchain technologies in the real world and enormous popularity of digital cash. It very simple: there are not enough companies who implement and help develop the blockchain technologies and too many cryptos. Last sex month alone were the time for 600 new cryptos to be born.
Given how difficult it is to implement new technologies it is difficult to predict bright future for the ETH and XRP. This doesn’t mean that these assets are to be rejected, it’s just that it is important to understand that there weak spots that can influence the investors’ opinions.