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Ripple[XRP] was this year’s yucky investment, whereas Binance Coin[BNB] was declared the best

The price of Ripple has gone up by an insignificant 12.4% as early on at the beginning of January, its price stood at $0.35. This is paltry in comparison to Binance which has scaled higher than 420% gains in the market.

The present ranking on Binance is #7 on coinmarketcap. Binance, headed by Changpeng Zhao is the leading cryptocurrency exchange in the world. At present, the price of BNB rests at $33.30 after fluctuating in between the red and green zones. A slight drop of 0.68% was noted.

The trading volume recorded in the course of the past 24-hours is $272.571 million. The total market cap for Binance is $4.701 billion. The circulating supply has 141,175,490 BNB tokens in play. Many businesses have adopted BNB as a mode of payment during this year. The tremendous gains were a clear-cut victory for Changpeng, his team and the investors.

If you wish to purchase Binance Coin and participate in trading yourself, here’s an alert posted by Zhao on Twitter:

Ripple has had many partnerships during this year. In fact, amongst the top altcoins, Ripple probably had more publicized deals than any other cryptocurrency. Even Justin Sun’s TRON couldn’t come close to the amount of traction Ripple has generated in the financial world as numerous banks and MoneyGram have chosen the path of XRP.

Litecoin was up by 301% from its initial value, and the halving event for the miners will take place in August. Bitcoin has recorded a price surge of 189%, while Bitcoin Cash has had a boost of 165% since January 1st.

Bitcoin SV, which is headed by Craig Wright who claims to be Satoshi Nakamoto, has also notably swelled by more than 125%. Cardano was a bigger winner than TRON, with an improved ratio of 100%, whereas TRON fell short of 70.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.