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The XRP token is currently trading at a respectable 45 cents, but unfortunately it is far from catching up with the rest of the cryptomen market. Due to a lawsuit from the SEC, investors do not trust him very much and have found other pets. One of them is, of course, Dogecoin, which has done more than 1000% in the last two weeks, but DOGE is still far below XRP. However, two coins really overtook the former crypto trio!The Cardano ADA and Polkadot DOT projects have one thing in common. These are technological projects. They have no ambition to become a global currency, as is the case with bitcoin. Instead, they try to use the technology of decentralized internet database (DLT, blockchains) to provide services for companies, or to interconnect various cryptomen ecosystems.
Cardano ADA - The biggest competition for EthereumCardano was founded in 2017 as ERC-20 and in the first months operated at Ethereum blockchaine. However, it later switched to its own mainnet and has since become one of ETH's biggest competitors. The developers of this project consider Cardana's main advantage to be faster processing of transactions and smart contracts. They did this by sacrificing decentralization.
Cardano has been working on the new Proof of Stake system and CEO of the Cardano Foundation for half a year now, and the founder of this project, Charles Hoskinson, is primarily focused on pushing the platform between companies. He wants big companies to start building financial (and other) applications on it.It's nice to see Cardano again on the front rungs in the coin market. He definitely deserves a fourth place in capitalization. This is a quality project with a great future.
Polkadot DOT - a bridge between incompatible blockchainsAt the time of writing, the cryptocurrency polkadot is in fifth place in capitalization. It is a project that has been in development for several years and the ICO phase has raised billions of dollars. However, it came on the stock exchange only a few months ago and since then it has been on the highest rungs of the coin market.The price of the polkadot started to rise significantly at the end of last year and continues to this day. Currently, this cryptocurrency is trading at a historic high of $ 23.
Many refer to Ppoladot as Ethereum killer, but this project actually has slightly different ambitions. of course, it supports the technology of smart contracts, but it is mainly focused on connecting various blockchains.
The Spartan Black Fund named Polkadot the cryptocurrency with the greatest potential in the world.
