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2024-06-22 22:00:47 +0300

HODL Crypto: Long-Term Investors Are Eyeing XRP (XRP) and Mehracki (MKI)

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Investing.com
By Daily Coin

HODL Crypto: Long-Term Investors Are Eyeing XRP (XRP) and Mehracki (MKI)

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If you don’t know already, the term HODL Crypto refers to ‘Holding On For Dear Life’ to crypto, which stems from an online meme. This is ironic because, with the current market crash, it seems that the market is trying to ‘HODL’, yet there are certain cryptocurrencies such as XRP (XRP) and Mehracki (MKI) that investors are also trying to hold on to.

At a time when many users are beginning to lose faith in certain cryptocurrencies or even the market in general, XRP and MKI are two to keep an eye on as they could still be great investments despite the market crash.

HODL on to XRP

XRP is a digital asset that was built to be the most practical cryptocurrency for applications within the financial space. Built as an open-source, permissionless, decentralised project, XRP’s key factors include its fast speed, low costs, scalability and sustainability. Additionally, XRP is also carbon neutral.

Released in 2012, XRP has done well and seen massive success over the years. During this recent market crash, many successful coins have lost their balance in the crypto space and are uncertain about their future. However, XRP is not one of these cryptocurrencies as it is currently ranked 8th on CoinMarketCap at the time of writing. This goes to show its true potential for growth and success as it is still among one of the most used crypto projects.

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