Bitcoin Forum

Cardano and xrp said to be the most gainer of the day, this two major crypto coins were trading so high is there something new?, or is it all because of the influence of the two most important coins ether and btc, or maybe it is because many people shows buying interest because they see that crypto is a store of value akin to gold.

It is just because of the influence of bitcoin and ethereum. Whenever bitcoin first goes up, ethereum will go with the leader and then the altcoins will also go with the two leaders.
Bitcoin gets $49k as of this time while ethereum is at $3282 and about to get to $3300. In this rush, it is no question that we're on another bull run again and we don't know if it's going to reach $62000 again if it continues and pushes unstoppably.

Indeed! Even top alts like ADA and XRP follow the market trend of BTC. So there's no surprise that other alts are showing good vibes in the market not only ADA and XRP. But if you are a holder of these coins, better follow also their development progress so you know there's something going on with the network. The more you know, the better for you to decide what to do with your investments.

For me its because of the influence of bitcoin and ethereum, in fact every time when there's a correction of prices in the market with bitcoin and ethereum probably 80 percent of alts were doing the same, but xrp and cardano has the highlights nowadays, actually there's solana, cosmos that included as well despite of the good improvement crypto market.. And more investors still looking forward because of their constant bullish sign that at this moment still accurate wherein no changes after days..actually some say this month of August is the best time to enter, perhaps its legit because i already made 3% from solana.. Lol

All of them are following btc's market trend and that's no secret anymore for everyone who invests in the market. And those who are following these coins development, you have to check them out most of the time as every news that comes out that are fresh, they really are going to make the prices shoot up. We all knew that news moves these markets and its prices and if you're always late to check them out, you'll likely see the dump but if you're long term, you'll never know if it's going through so keep on track.

The top gainers in the Altis Coin are both Cardona Ada and XRP, but it's nice to say that the ADA volume is much higher than the XRP, the ADA is especially important if we look at the project

Its just following trend like another crypto that follows BTC trend, but i dont really know if ADA or XRP have something good coming that attract interest more to the investor.
But for XRP, its usually have big pump and dump manytimes so i dont surprise anymore.

It's only because of the influence of BTC and market conditions that have started to improve gradually, so I don't feel surprised for this because basically both coins are also equally good and good for everyone regardless of the problems that have arisen, which is clear basically, both are equally good.

Don't fall on the gaining powers of these coins, it could be be just a temporary pumps which won't be consistent.
Demand is the most common reasons why this happened, but I am only confident with xrp and less with cardano. However, it's different with bnb and eth because it won't be compared to these popular coins that keep their community firmly standing towards future developments.

It could be that Cardano and Ripple are having a good time because of the Bitcoin price that is rising towards $50K or because of their increasing demand in the market. But what we need to know, especially Cardano coins today their trading volume reached $4,674,783,094 (https://coinmarketcap.com/currencies/cardano/). Is this luck?

The trading volume of these two altcoins is indeed good. It seems that because their potential is good for some time to come considering Bitcoin is almost at the price of %50K so investors choose to pool assets in these two altcoins. In my opinion, not all altcoins have a price effect on the rising price of BTC and ETH.

Personally I believe Cardano to be heaven sent. There is no better investment out there. Still tho- you want to find a strategy based on indicators and characteristics inspired by Cardano. With this strategy you can make money consistently. Once bitcoin hit 50k or stable we can see Xrp and Ada goid pump.

Wrong because you did not even surf down , there are also 2 top coins that gains higher more than the 2 mentioned above and those are


Solana (SOL) >>>>>>>   https://coinmarketcap.com/currencies/solana/

Terra (LUNA) >>>>>>> https://coinmarketcap.com/currencies/terra-luna/

The two listed are the highest gainer for this week.

They even reached almost 3 digits in percentage increase .

As for Cardano, the recent increases are due to the fact that smart contrats will soon be introduced. Many people hope Cardano will introduce something innovative that will become a direct competitor to Ethereum.
As for Ripple, it is because they managed to avoid a SEC penalty. However, this does not change the fact that it is a centralized coin and therefore very dangerous when it comes to investing.

I love ADA more, the mainnet plan and smart contract development with defi integration are new expansion directions from their platform.  I am sure ADA will hit its latest ATH or at least 3$ in this trend.  I no longer care about XRP after the incident with the SEC and sentiment has cracked.  Even if it goes up in price, I won't trade or hold them.

I think Cardano and XRP deserve this achievement because these altcoins have a lot of potential, while the reason Cardano is pumping higher is because of the news that smart contracts will be introduced soon, which could support Cardano's current growth, while XRP has won a lawsuit from the SEC despite this  has not been officially announced, but it has been able to lift the popularity of XRP at this time.

A few days ago I heard great news about Cardano, and I bought it right away. And today I saw a high increase in this coin, My Asset which I bought Cardano increased by about 10%, And I still hold because I believe Cardano Price will still increase again.  
For Xrp I have not bought it, but I also see this coin has increased. But I trust Cardano more than Xrp which will provide great benefits to holders and investors.

I still think that ADA is getting this pump for basically no good reason at all. I get that they are building something there and have been doing that for a long time and they definitely deserve to be higher than what they used to be. However I do not think that they deserve to be on the third spot neither, what did they really do that made them go there? What is it that makes them better than BNB? Or dot? Or even matic for that matter?

I believe that ADA is on a big high right now and everyone is very happy about the current situation but I also believe that it is not going to last forever, eventually when the bear hits and it drops I am sure that it will drop harder than anything else and will be out of top 10 once again. It is not going to be easy but it is going to surely happen, which is why I believe that we should not be getting our hopes up about ADA for now.