Ripple XRP voted as the best altcoin under $1 to invest in
A recent survey conducted by Weiss Ratings reveals that the vast majority of Twitter users sees Ripple (XRP) as the best altcoin under $1 to invest in. 5,726 users participated in the poll, with more than 50% of the participants voting for Ripple (XRP). Despite that, however, the currency has long been considered a controversial crypto. It does not appear to share any interesting characteristics with other cryptocurrencies like Bitcoin, Litecoin, Bitcoin Cash (BCH) and Ethereum (ETH), at least from a technical perspective.
Out of the four contestants, Ripple (XRP) emerged victorious with 64 percent. Cardano took the second spot and Stellar Lumens (XLM) obtained the third position with 8 percent. The IOTA (Internet of Things) finished last with only 3 percent.
Ripple the company and its native cryptocurrency XRP were often criticized in the past for not being decentralized. This was also reflected in the allegations against Ripple, which claimed that Ripple Labs had a significant impact on the price of XRP. But recent figures show that Ripple operates less than 50% of the validators on the default UNL on the XRP ledger.