Are you wondering which cryptocurrency is best to invest in this year – IOTA or Ripple? The truth is, you are not the only one.
What’s interesting is the following…
IOTA exploded not once but a couple of time in the past few weeks, mostly because of the announced partnership with Microsoft and Samsung. This cryptocurrency was trading below $1 just two weeks ago and now has jumped to more than 450 percent and hit a new record of $5.55. Iota now is the fourth largest cryptocurrency by market cap.
It’s worth investing because of its revolutionary technology and its ability to manage scalability indefinitely.
Ripple, on the other hand, is described as “a cross between Western Union and a currency exchange” of course, without the fees. Ripple’s idea is to function globally, thus, has given its license to over 100 banks worldwide. Ripple was worth $55 million just in 2015 in venture capital and this money seems to grow because of the investors backing the company almost every day. Also, it’s important to mention that Google has also shown a lot of interest in this currency in particular.
So, is it IOTA or Ripple for you in 2018?
IOTA is great because of its tech infrastructure. On the other hand, Ripple is also worth investing in because it has a good shot at being implemented in almost every financial institution, using a better model for managing.
Here you can find more about each cryptocurrency:
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