With the price of Solana (CRYPTO: SOL) falling to nearly $163 on Feb. 18, investors are right to assume it'll take a powerful cocktail of catalysts and new tailwinds to send its price back up toward $300. Let's dissect this trending group of projects and determine how it affects the case for buying Solana. Given that it's the chain of choice for ill-fated investors to gamble on meme coins, that volume isn't too surprising.
If you're looking to allocate $1,000 to a cryptocurrency, there's no reason to throw your money away. XRP (CRYPTO: XRP) is worth an investment of $1,000 because it's the coin with one of the strongest investment theses in crypto right now. XRP is issued by Ripple, a cryptocurrency business.
Who created Bitcoin? The million-dollar question is back in the spotlight — and this time with a surprising new suspect: Jack Dorsey, the bearded tech sage behind Twitter.
Let's take a look at this pair to see which one is a better pick for an investment of $5,000. There are a handful of reasons why Bitcoin belongs in nearly every investor's portfolio, starting with its status as the anchor of the entire cryptocurrency sector. The main mechanism driving higher Bitcoin prices in the future is that it gets harder and harder to mine it over time.