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Purpose & Use Case: XRP: Designed by Ripple for fast, low-cost cross-border payments and institutional use. It aims to partner with financial institutions to improve global money transfers.DOGE: Initially created as a meme, Dogecoin has evolved as a community-driven cryptocurrency used for tipping, small payments, and as an internet culture icon.
Transaction Speed & Fees: XRP: Extremely fast with transactions settling in 3-5 seconds, and fees are very low (fractions of a cent).DOGE: Transactions are faster than Bitcoin, with block times around 1 minute, but fees can vary depending on network usage.
Supply: XRP: 100 billion tokens pre-mined, with some in circulation and others controlled by Ripple Labs. XRP is deflationary (a small amount is destroyed with each transaction).DOGE: Unlimited supply, with about 5 billion DOGE added yearly, making it inflationary.
Consensus Mechanism: XRP: Uses Ripple Protocol Consensus Algorithm (RPCA), no mining.DOGE: Uses Proof of Work (PoW), like Bitcoin, but itâs merged with Litecoin for mining.
Market Sentiment: XRP: Seen as a more institutional cryptocurrency but faces legal scrutiny (SEC lawsuit).DOGE: A meme-based, community-backed coin, often driven by social media and celebrity endorsements like Elon Musk.
In short: XRP focuses on institutional use for payments with faster, lower-cost transactions, while DOGE thrives on community support and lighter, more casual use cases. #xrp #doge #crypto #btc #eth
$TON COIN is the next big coin which could triple its value in upcoming 9 months. I guess around $12 to $15 . The participation of this coin in various projects has developed immensily. The most telegram projects are based on TON coin. The wallets ignore btc or usdt value but emphasises on ton transaction. With millions of user actively doing this one must see the hike of this coin. #ton #crypto #cryptoprojects #cryptotrading #crypto
BTCUSDT IS AT 67596. We may observe a possible pull back from this point or it will hit the stop loss at 67229. The Entry price for bullish is at 67596. The support level may play its part. Lets observe further. Note- This post is purely for educational purpose only. Always be careful with trading and investment decisions. #btcusdt #bitcoin #crypto #trading #TradingCrypto
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