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Ripple (XRP) and Cardano (ADA) have posted gains this week and analysts are finally revising their “sell” ratings over the tokens.
The Hideaways (HDWY) is also having a blast following a positive analyst price forecast which gave it a 9,000% hike target for 2023. There is also a huge Halloween event, with investors able to take advantage of a 100% bonus on all purchases before 23:59 PDT on Tuesday. The price of the HDWY token is also rising this week, so invest quickly before it goes up in price!
For the first time since launching, Ripple (XRP) is doing something to ditch centralization claims. The total holdings held by Ripple Labs dropped below 50 million XRPs which is lower than 50% of the total circulating supply.
The company has always maintained the majority of control over its native tokens, sparking criticisms of centralization in the past couple of years.
In a statement, Ripple (XRP) noted that its huge ownership does not mean it controls the XRP Ledger since it uses the Byzantine Consensus which gives validators one voting right regardless of how many tokens they own.
At its current price of $0.46, analysts are confident this is a good entrance for long-term traders wanting to get more for their money. On the other hand, experts also noted Ripple (XRP) could not give out the same ROI as The Hideaways (HDWY) this year.
Cardano (ADA) is on the same trajectory as Ripple (XRP) this year, but we can see some exciting news that could lift the price.
The Cardano network’s CEO recently voiced plans to transform the platform into a network of blockchains with hundreds of parachains that could accommodate a higher number of
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