At the moment, investors are not very pleased to check their crypto portfolio. The courses in the world’s biggest cryptocurrencies are more or less in free fall – just like the share prices in the largest companies in the world. All in all, it is uncertain times and the risk of risk of investors has been falling since Donald Trump throws around with trade tariffs, the inflation rises again and the interest remains high. One is also worried about economic growth. Not only does Bitcoin suffer, but of course most of the old coins. Especially $ XRP from Ripple has lost value in the last few days.
Highest losses at $ XRP
$ XRP has been one of the top performers in recent months. At least until it went steeply downhill on the entire cryptom market. According to Donald Trump’s election victory, the Ripple coins’ price rose by over 550 %. With that, $ XRP now has more downward potential. With today’s losses, $ XRP is the largest loser in the top 10 coins with a minus of almost 11 %.
(Top coins after market capitalization – Source: Coinmarketcap)))
Other coins are not there much better. In the top 10, not a single coin has made profits in the last 7 days, with Dogecoin the best way to get away. However, only this week.
What’s next at $ XRP?
A dangerous situation is currently emerging at $ XRP if you take the chart into account. The shoulder-head-shoulder formation is a well-known chart formation in which the statistical probability is very high that the course will continue to fall if the neck line is below. As the picture below shows, $ XRP is currently such a formation – as from the textbook.
($ XRP Chart – Source: Trading view)))
If you pull the neck line in the area of $ 2, it quickly becomes clear that $ XRP no longer has much air down. If this brand is underneath, further sale is very likely. Investors should also be disappointed that there was no course explosion after the SEC has dropped its appointment against Ripple. However, according to Donald Trump’s election victory, this had long since been priced. There are currently some coins that offer significantly more profit potential than $ XRP. One of them is Solaxy ($ Solx), who, according to analysts, could soon go through the ceiling.
Why Solaxy now has significantly more potential
There is no question that the $ XRP course can also recover if the Bitcoin course recovers. Then it would even be a new all -time high of around $ 5 and thus a return of 100 – 150 %. However, Solaxy is a coin onto the market that has the potential to rise more than 10 times. Here, investors still have the opportunity to be there from the start when a new coin with new blockchain comes onto the market. Solaxy delivers the first Layer 2 solution for Solana.
($ Solx token advance sales-source: Solaxy website)))
Even if you perceive it at Ethereum, Solana also has scaling problems. Transaction dropouts and downtimes are not uncommon here. That could change through Solaxy. If the Layer 2 prevails, it could not only ensure more stability in Solana, but also develop a completely new ecosystem, with the $ Solx token in the center.
At the moment, $ Solx is still available in advance and the fact that investors have already invested almost $ 30 million in order to be there from the start is extremely bullish. Especially since the top coins are mostly coins with their own blockchain, Solaxy could be a billion dollar project.
Get in in time now and buy Solaxy in the Presale.
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