Sorry Ripple is not the Second Most Valuable Cryptocurrency

The claims of Ripple’s value you have seen in the mainstream media are greatly exaggerated.

The misconceptions about Ripple come from the way “investment news” is covered by the big media.
Despite the inaccurate stories about it; Ripple is actually a pretty good investment as cryptocurrencies go. It has some value characteristics including a high Market Cap and a Low Coin Price.
More importantly, Ripple’s technology is being adopted and evaluated by large companies and financial institutions. MoneyGram (NASDAQ: MGI) is examining the possibility of using Ripple’s ecosystem for money-transfers and remittance payments, a Ripple press release indicates. MoneyGram has been described as the second-largest transfer service in the world behind Western Union (NYSE: WU).

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Raiden Network Token – the Cryptocurrency that Tried to Lower its Value

Raiden is designed to solve the biggest problem with the existing Ethereum network. The current Ethereum network can only process around 10 payments a second; the Brainbot team hopes to build a network that can complete around 100,000 transfers a second.

The long-term goal at brainbot is to build a network that will become a “global scale payment infrastructure” similar to that operated by Visa (NYSE: V). If that goal was achieved the Raiden Network would be even bigger than Visa’s. The current VisaNet can handle 24,000 transactions a second, or 150 million transactions a day.

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