From meme coins to the resurrection of Ripple, things in the cryptocurrency world keep coming back. 1. Bluechip NFTs: Despite their poor trading volumes and declining floor prices, projects such as Pudgy Penguins and Milady have managed to revive their collections through the use of meme coins, attracting new users to the ecosystem.
2. Ripple: Once embroiled in a lawsuit, Ripple has made a significant comeback thanks to the launch of its stablecoin, RLUSD. Despite a word of caution from its CTO, the hype surrounding the launch and a bidding war has ignited the interest of Ripple’s followers. 3. Quantum Computing: After a brief phase in cryptocurrency where several projects claimed to be creating quantum-secure chains, quantum computing has made a resurgence due to exaggerated claims by KOLs and Google’s launch of a new chip.
However, experts are reassuring that Bitcoin’s security is still not under threat. 4. Fact of the Week: The first Christmas card was designed in 1843 and later auctioned for $6800. It featured a Victorian family enjoying their Christmas meal. Remember, cryptocurrencies are high-risk investments and you should be prepared to lose all your money.
Always obtain financial advice before making investment decisions.
Source