5 Best Cryptocurrencies To Invest In For Beginners According To Reddit

3. XRP

In 2012, XRP Ledger was introduced by David Schwartz, Jed McCaleb, and Arthur Britto, who aimed to provide a faster and more efficient alternative to the Bitcoin blockchain, using its own currency, XRP. Ripple was later founded in the same year, with Chris Larsen also on board. XRP Ledger offers various payment-related applications such as micropayments, DeFi and, in the near future, NFTs. XRPL has been widely used since its launch in 2012 and it supports enterprises and developers who use programming languages such as Python, Java and JavaScript with its powerful features and flexibility. The XRP website provides a range of tutorials that can assist developers in getting started with various coding languages, app building, account management, and more.

The XRP Ledger (XRPL) was introduced in 2021 and is an open-source, decentralized and permission-less technology. The XRPL offers several advantages such as its low transaction cost of $0.0002, fast transaction settlement time of 3-5 seconds, scalability of up to 1,500 transactions per second, and it is energy-efficient and carbon-neutral. Additionally, it also includes a decentralized exchange (DEX) and tokenization features built into the protocol. The XRP Ledger has been in operation since 2012 and has successfully closed 70 million ledgers, showcasing its reliability.

Intel Corporation (NASDAQ:INTC), a semiconductor and computer technology company headquartered in California, is considered one of the best cryptocurrency stocks to keep an eye on. On March 1, Raymond James analyst Srini Pajjuri initiated coverage of Intel Corporation (NASDAQ:INTC) with an Outperform and a $30 price target. The firm predicts that Intel Corporation (NASDAQ:INTC) will continue to lose server market share and that there are few indications of significant advancements in manufacturing. However, the analyst believes that as long as margins are improving, the stock can perform well in the short term as the expectations are not very high. 

According to Insider Monkey’s Q4 data, 62 hedge funds were bullish on Intel Corporation (NASDAQ:INTC), compared to 69 funds in the prior quarter. D E Shaw is a prominent stakeholder of the company, with 13.3 million shares worth $353.7 million. 

ClearBridge Investments made the following comment about Intel Corporation (NASDAQ:INTC) in its Q3 2022 investor letter:

“Also on the detractor side, Intel Corporation (NASDAQ:INTC) delivered a disappointing revenue miss and lowered full-year revenue and earnings guidance as COVID-19-driven demand for PCs abated (where Intel enjoys half its sales) and a delay in its flagship Sapphire Rapids CPU hurt its data center business. Despite these issues, we still believe Intel is an economically sensitive turnaround story with substantial upside.”