Polygon (MATIC) vs Ripple (XRP) Comparison

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On this page, you can compare Polygon (MATIC) with Ripple (XRP). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

0 / 5 0 user reviews 5 / 5 4 user reviews

Cryptogeek rating

0 / 5 5 / 5

Trust Score

How it works
1 / 5 4.7 / 5

About

The Matic technology, now known as Polygon, is a project aimed at solving scalability issues in other blockchain projects that run on the Ethereum network.
Ripple is a global payment protocol aimed to provide fast transactions and cheap payments internationally. The network uses a digital currency known as XRP (sometimes it's referred to as Ripple). Unlike other cryptocurrencies Ripple is not aimed to replace banks, rather this project is created to improve the work of banks (including transactions between different banks) via blockchain solutions.

Type

No data coin

Founding Date

No data 2012

Country

No data International

Languages

No data No data

Team

No data Public

Protocol

No data Public blockchain

Current price (USD)

No data 0.7077

All-time high (USD)

No data 3.8400

Price change (24h)

No data 15.51

Volume (24h)

No data 721822063.09407

Hashrate

No data No data

Max Supply

No data 99999999999.99999

Total supply

No data No data

Circulating Supply

No data 99987041380.00000

Transaction speed / Block time

No data 1500

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

No data No data

Proof type

No data No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

No data No data

Is trading

No data No data

Block reward

No data No data

Block time

No data No data
Company
User rating User rating 0 / 5 0 user reviews User rating 5 / 5 4 user reviews
Cryptogeek rating Cryptogeek rating 0 / 5 Cryptogeek rating 5 / 5
Trust Score How it works Trust Score 1 / 5 Trust Score 4.7 / 5
About
The Matic technology, now known as Polygon, is a project aimed at solving scalability issues in other blockchain projects that run on the Ethereum network.
Ripple is a global payment protocol aimed to provide fast transactions and cheap payments internationally. The network uses a digital currency known as XRP (sometimes it's referred to as Ripple). Unlike other cryptocurrencies Ripple is not aimed to replace banks, rather this project is created to improve the work of banks (including transactions between different banks) via blockchain solutions.
Type Type No data Type coin
Founding Date Founding Date No data Founding Date 2012
Country Country No data Country International
Languages Languages No data Languages No data
Team Team No data Team Public
Protocol Protocol No data Protocol Public blockchain
Current price (USD) Current price (USD) No data Current price (USD) 0.7077
All-time high (USD) All-time high (USD) No data All-time high (USD) 3.8400
Price change (24h) Price change (24h) No data Price change (24h) 15.51
Volume (24h) Volume (24h) No data Volume (24h) 721822063.09407
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply No data Max Supply 99999999999.99999
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply No data Circulating Supply 99987041380.00000
Transaction speed / Block time Transaction speed / Block time No data Transaction speed / Block time 1500
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability No data Mining profitability low
Algorithm Algorithm No data Algorithm No data
Proof type Proof type No data Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined No data Total coins mined No data
Is trading Is trading No data Is trading No data
Block reward Block reward No data Block reward No data
Block time Block time No data Block time No data

Social

Website

polygon.technology ripple.com

Twitter

No data @Ripple
Website Website polygon.technology Website ripple.com
Twitter Twitter No data Twitter @Ripple

Advantages

- Affordable Solves problems and creates opportunities Moving into CBDCs

Disadvantages

- Not decentralized Uses a pre-mining protocol

Rating

User rating User rating 0 / 5 0 user reviews User rating 5 / 5 4 user reviews
Cryptogeek rating Cryptogeek rating 0 / 5 Cryptogeek rating 5 / 5
Advantages Advantages - Advantages Affordable Solves problems and creates opportunities Moving into CBDCs
Disadvantages Disadvantages - Disadvantages Not decentralized Uses a pre-mining protocol

Polygon (MATIC) user rating is 0, based on 0 user reviews. Ripple (XRP) user rating is 5, based on 4 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 1 / 5 Write review
Trust Score: 4.7 / 5 Write review
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Polygon (MATIC) features

Polygon (MATIC) Cryptogeek user rating is 0, based on 0 user reviews.

Ripple (XRP) features

Ripple (XRP) price is 1.7077. Its 24h volume is 721,822,063.9407. 24h price change is 16.51.

Ripple (XRP) max supply is 100,000,000,000.0. The circulating supply is 99,987,041,380.0.

Ripple (XRP) transaction speed/block time is 1500.

Mining profitability is low.

Ripple (XRP) Cryptogeek user rating is 5, based on 4 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare Polygon (MATIC) with Ripple (XRP). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.