SHIB, ADA, and XRP failed to match the gains of top performers of their sectors.
In the past 30 days, XRP dropped 5% while ADA surged only 4% while the broader market skyrocketed.
SHIB, ADA, and XRP are trading at $0.00001666, $0.3486, and $0.5401, respectively.
Despite having large, supportive communities, Shiba Inu (SHIB), Cardano (ADA), and XRP have been unable to hold steady or gain in on the broader crypto market rally in the past week before crashing at the start of October.
All three blockchain projects have huge communities and performed extremely well in the 2021 bull run, but they haven’t recreated that success.
According to CoinMarketCap, XRP fell 5.02% in the last 30 days, while Shiba Inu (SHIB) gained 21.53% and ADA rose just 4.04% — all while many other digital currencies saw gains of 50% or more.
Despite these underwhelming returns, all three projects have made progress. Ripple, the company behind XRP, achieved a partial victory in the SEC lawsuit, and there is talk of an XRP ETF around the 2024 United States elections.
Read also : XRP Price Analysis: Bullish Signals Emerge for Ripple’s Token
On the other hand, Cardano is prepar…
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