Unlike 2022, the crypto market is booming this year. Investors are then faced with a question that is very difficult to answer: “which asset will experience a price increase in the days and months to come? “. Of course, no one can answer this question with certainty. However, a few cryptos could do well.
Among these, we can cite blockchains such as Ripple or Avalanche. The first is a payment service that uses XRP crypto. The other is an open source platform compatible with smart contracts, which promotes the creation of dApps and is supported by the AVAX token. A green crypto is also in the works and might stand out! We tell you more in this article.
Ripple (XRP): the token benefits from ambient optimism in the face of accusations from the SEC!
Despite a slight decline following the Silicon Valley bank crashes, Ripple has seen its value skyrocket. The XRP token fell from €0.35 on March 20, 2023 to €0.52 on March 29, 2023, according to data from the CoinMarketCap site. Since then, the latter has managed to stay at around 0.45 euros. Its price is 0.47 euro at the time of this writing.
Much of the reason Ripple is up is because its value had already plummeted following accusations of fraud by the SEC. Ripple is indeed in a legal case with US regulators. However, investors seem optimistic on Ripple’s victory, which continues to fight back against SEC accusations.
This results in an increase in its value with a peak potential if the court decision rendered had to be favorable towards Ripple and its XRP token.
Avalanche (AVAX): A partnership that changes everything for crypto
The AVAX token has an almost vertical curve over a period of one month. The reason for this dramatic increase? Perhaps the multiplication of partnerships of Avalanche with reputable companies.
At the beginning of 2023, the blockchain entered into a partnership with Amazon, which plans to launch an NFT initiative with its help. A few weeks ago, it was the turn of TSM (Team SoloMid), a giant of the esports world.
Beyond these associations, this translates to something stronger for their blockchain. Avalanche seems to be a good value proposition in terms of the development of new projects supported by the creation of dApps. As a reminder, dApps are defined as decentralized applications.
After passing through the red zone in mid-March with the crash of American banks, Avalanche enjoys a more than positive “feeling”. This should continue to increase its AVAX token.
Ecoterra: the new green crypto that raises 1.3 million dollars
Ecoterra is a brand new ecological project which achieved a good presale. Its ECOTERRA token is currently being sold in ICO for a price of $0.0055.
The concept in question seems interesting, supported by developers rigorous in their work. Ecoterra wants to be an application that will allow its users to be rewarded for their recycling efforts. They thus establish the concept of Recycle2Earn which is in line with the green dApps of the crypto world.
To recognize the good deeds of its users, Ecoterra account set up smart waste collectors (RVM) in major brand stores. The latter will be able to analyze the materials of the waste returned (glass, aluminum, plastic). In addition, the application will take care of giving ECOTERRA tokens as a reward.
Ecoterra seems well placed to experience interesting growth. Especially, given the estimate of the carbon market at 30 billion dollars by 2030.
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