Will the XRP Price Rally Continue? Predictions and alternatives for your investment
Meta Description: This article gives a well comprehensive overview of XRP price rally and other investment options like D2T, IMPT, RIA, and TAMA.
It is the last quarter of the year and a lot of crypto enthusiasts are unsure if the XRP price rally will continue. While still amidst this uncertainty, there are also queries from people as to which cryptocurrencies are worth investing in during this period as an alternative to it.
Let’s find out the answers to these questions and others like D2T, IMPT, RIA, and TAMA. in this article.
Background of XRP - launch, post-launch, and 2022 performance.
XRP is a crypto token developed by Ripples. It is described as an altcoin because it belongs to a group of other coins other than bitcoin.
It was developed by Arthur Britto, David Schwartz, and Jed McCaleb who formed a team of renowned blockchain developers in 2018. During the ideation process and up till the creation process, the three blockchain engineers were committed to outdoing Bitcoin.
They saw the technology behind Bitcoin, their model mainstream cryptocurrency, and followed its growth process which was to them more than fascinating. Hence, they worked on creating a sustainable digital currency for all.
The XRP, also Ripple, was launched in June 2012. However, its excellent performance after launch was incredible.
| Project: | XRP tokens. |
| Year launched: | 2013. |
| Company’s Old name / Company’s New Name: | XRP Ledger / Ripples Lab. |
| Headquarters / Location: | San Francisco, California, United States of America. |
| Developers: | Arthur Britto, David Schwartz, and Jed McCaleb. |
| Type: | Altcoin. |
According to records, a lot of people traded and held units and bulks of XRP. As of 2013, a unit sold at ($) USD $0.01 and experienced a year-after-year rise and fall before hitting an all-time highest of ($) USD 3.84 in January 2018.
From an overview of its 2022 performance, XRP hasn't had a good run. The average price of XRP per USD from January 2022 to October 2022 was ($) USD 0.571, with the year-long highest as ($) USD 0.86 recorded in March towards the end of Q3.
What are the odds if I decide to buy and hold XRP till the first quarter of 2023?
According to an analysis by analytics insights, If the Ripple (XRP) SEC case is successful, the price of Ripple (XRP) may increase in 2023 and continue to rise until 2025.
While trying to predict the price of XRP in 2023, the information marketing company said, “if everything goes according to plan, it might reach above $1 in 2023”. They are also of the opinion that this would significantly increase the price of ripple (XRP) in 2025.
| YEAR | PRICE |
| 2022 | $1.90 |
| 2023 | $3.00 |
| 2025 | $5.50 |
Which coins can I invest in as an alternative to XRP?
Many crypto enthusiasts try to gain top-notch knowledge of cryptocurrency and blockchain technology before venturing into it. So, instead of reducing the chance to multiply your XRP investments, you can invest in these tokens with bright futures.
This guide is for holders of the XRP ledger token who are looking for an alternative to it because of its low performance before the next bull run. It is also for those who are new to the game of crypto investment and would like to draw up a list of some of the best coins to buy.
Some of these coins include
Dash2Trade (D2T)
With the indications provided by Dash 2 Trade, traders can take advantage of better market opportunities. The D2T coin is an ERC-20 token, making it usable on the Ethereum platform.
Dash2Trade aims to change random-chance trading into user-friendly whole-market research to help traders improve their trading strategies and make more money.
The goal of Dash2Trade is to assist its users take advantage of emerging market opportunities by furnishing them with reliable trading signals, in-depth on-chain analysis, and tools.
IMPT.io (IMPT)
IMPT is also called IMPT token. The presale began on the 3rd of October 2023. The IMPT token is unique because it is an environment-friendly crypto project.
The amount of energy frequently consumed by cryptocurrency initiatives raises the emission of CO2 into the atmosphere. Therefore, the recently launched cryptocurrency project IMPT.io is concentrating on energy conservation and environmental improvement to counteract the growing threat of global warming.
IMPT.io, helps organizations and individuals reduce their overall carbon footprint by offsetting carbon emissions into the environment.
Users of IMPT have the option of obtaining carbon credits through the IMPT marketplace or through the initiative's commercial partners.
It is more important than ever to take action to protect the environment, and IMPT is making it simpler as the globe teeters on disaster.
The crypto market is where IMPT can successfully sway the general public.
Like Tamadoge, it is also a meme coin. At the moment, the current price of IMPT is $0.023.
Calvaria (RIA)
Another wonderful choice among the top cryptocurrencies to purchase right now is Calvaria (RIA) , which is having a very successful presale.
The cryptocurrency is in its infancy, but its future is bright since blockchain gaming is predicted to grow rapidly.
Calvaria: Duels of Eternity utilizes the RIA token as its ecosystem token. In this innovative blockchain game, players must acquire non-fungible token (NFT) trade cards and incorporate them into their gameplay to achieve victory.
Calvaria's in-game marketplace facilitates the buying and selling of NFTs, with RIA serving as the transactional asset. Additionally, winners get RIA tokens as prizes.
TamaDoge (TAMA)
TamaDoge is a meme coin crypto-gaming project. It was launched on September 29th of 2022 on OKX - a Seychelles-based crypto exchange platform.
It's the native token of Tamaverse. Web3 players can breed and mine NFT pets in the Tamaverse for use in battle arena games. The arcade games available on this platform are simple to use and give lots of prizes. According to experts in the cryptocurrency industry, the Tamaverse is the future of play-to-earn games. When the native token's presale began in July 2022, it saw even greater success on its OKX market. Try TamaDoge if you're hoping to invest in a token with huge potential. The TamaDoge company has maintained an increasing total sales volume per day. As a result, it is one of the best-performing coins in Q4.
Fantom (FTM)
Fantom (FTM) is one of the best-performing altcoins and has been around for quite a while. The coin was launched in 2018 and is a creation of the Ethereum blockchain framework. The essence of the FTM was to make it easy for developers to launch Dapps so they can create a dependable, affordable, safe, and quick environment.
Additional information
The predictions are out and we are a few days into the end of 2022. Are you looking for an alternative to XRP? Or are you a crypto enthusiast who wants to build wealth with crypto this season? Buy units and bulks of D2T, IMPT, RIA, and TAMA with your stable coin (ETH or USDT). These tokens will save and multiply your investments.
This article is sponsored by FINIXIO
Author
Alan Draper
Clickout Media LTD
Based in the United Kingdom, Business 2 Community editor Alan is part of the team that’s responsible for ensuring all the content on our site is accurate, relevant and up-to-date.
