XRP, XLM and Cardano not designed to make you rich - Peter Brandt explains why
, an almost legendary figure in trading, recently shared his thoughts on the role of different types of cryptocurrencies. He drew attention to utility tokens like According to Brandt, these tokens are designed to serve specific purposes within blockchain systems and are not intended to generate massive returns. Interestingly, such an opinion was expressed by Brandt amid the great performance by these exact tokens in recent weeks, when all of them showed returns worth hundreds of percent.
However, for traders looking for big gains, Brandt suggests zero-sum futures markets as a better fit. These markets thrive on speculation and competition, unlike utility tokens, which are built to drive efficiency and comply with frameworks like ISO 20022.support cross-border payments and liquidity, forming the backbone of new digital financial systems. ADA, on the other hand, powers , a blockchain platform centered on scalability and security.
Even so, Brandt stresses the need to keep expectations grounded. These tokens are tools - meant to function, not to promise unchecked market growth. Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Peter Brandt's New XRP Price Prediction Suggests Unbelievable All-Time HighWill XRP dethrone Tesla? $24 XRP price prediction by Peter Brandt sparks unexpected question
Read more »
10 Reasons Why Stellar (XLM) Is Most Underrated Crypto by XRP and Ripple Co-CreatorXRP and Ripple co-creator lists 10 reasons why Stellar (XLM) is most underrated cryptocurrency right now
Read more »
XRP Rival Stellar (XLM) Eyes 22% Gain, According to Bollinger BandsStellar (XLM) up 600% in November, and Bollinger Bands hint at more growth potential as XRP's rival rally may not be over yet
Read more »
"Most Powerful" XRP Chart Shared by Legendary Trader BrandtXRP's market cap is approaching the $150 billion mark once again
Read more »
20 Million XRP on Move as XRP Price Makes ComebackXRP higher by 8% as bulls make fresh moves
Read more »
Brad Garlinghouse Shares 'XRP Trading on Fire' Message As XRP Spikes AgainRipple boss celebrates continuation of XRP's recent staggering price boost
Read more »