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Cardano and Ripple investors eye new prospects

Cardano and Ripple investors eye new prospects

Grafa2024/11/08 04:00
By: Liezl Gambe
BTC-1.69%XRP-3.83%ADA-4.72%

Cardano (CRYPTO:ADA) and Ripple (CRYPTO:XRP) have seen limited movement recently despite increased optimism following Bitcoin’s surge to a new all-time high of $75,361 on November 6.

This came after Donald Trump was elected the 47th U.S. president, raising hopes for a pro-crypto shift in the regulatory environment.

Cardano currently trades at $0.359 with modest monthly growth of 0.87%, while Ripple has dropped by 0.53% to $0.5332.

Many in the crypto community anticipate that Trump’s presidency could favor the market due to his pro-crypto stance.

This sentiment may support Ripple in its ongoing legal battle and potentially ease regulations that have affected the crypto space.

Cardano, known for its focus on scalability and sustainable growth, might also benefit from a more supportive administration.

While established altcoins like ADA and XRP show potential, newer tokens are capturing attention.

Propichain (PCHAIN), an Ethereum-based project focusing on real estate investments, has been gaining interest due to its innovative approach.

Propichain offers fractional ownership of real estate through fractional tokens, making property investments accessible to a broader range of investors.

It also features AI-driven tools for market analysis and automated trades, enhancing investment efficiency.

The PCHAIN presale has already surged by 208%, sparking anticipation as it heads into its next phase.

Propichain’s unique approach to democratising real estate investments has positioned it as a promising contender in the market, drawing interest as analysts predict significant future gains.

At the time of writing, the Cardano price was $0.4173, and the XRP price was $0.549.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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