XRP（加密：XRP）和Shiba Inu（加密：Shib）在過去的12個月中朝相反的方向發展。

XRP是波紋區塊鏈的本地加密貨幣，由於它克服了最大的監管挑戰，因此猛增了約280％。

In a world awash with cryptocurrency options, it can be difficult to sort through the best tokens to put in your portfolio.

在一個充滿加密貨幣選項的世界中，很難通過最好的代幣進行排序以放入您的投資組合中。

One way to filter through the noise is to examine the performance differential between two tokens over a given period of time. If one token is drastically outperforming the other, it could indicate that one is being sold out of while the other is gaining favor among investors.

通過噪聲過濾的一種方法是檢查給定時間段內兩個令牌之間的性能差。如果一個令牌的表現極高，則可能表明一個人在投資者中受到青睞，而另一個代幣則被賣掉了。

In the past 12 months, two tokens that went in very different directions were XRP (CRYPTO:XRP), the native cryptocurrency of the Ripple blockchain, and Shiba Inu (CRYPTO:SHIB), a token that began as a parody of the Dogecoin cryptocurrency.

在過去的12個月中，朝著截然不同的方向走的兩個令牌是XRP（Crypto：XRP），Ripple區塊鏈的本機加密貨幣和Shiba Inu（加密：SHIB），這是一個以Dogecoin Cryptocorency的模仿的令牌。

XRP, the seventh-largest cryptocurrency, surged about 280% as it overcame its biggest regulatory challenges and announced several new products and partnerships.

XRP是第七大加密貨幣，由於克服了其最大的監管挑戰，並宣布了幾種新產品和合作夥伴關係，因此飆升了約280％。

Shiba Inu, the 14th-largest cryptocurrency, had a rougher year as its price was cut in half. Investors grew skeptical of the long-term growth potential for the token as it faced sluggish development and limited attention for new products.

第14大加密貨幣什巴·伊努（Shiba Inu）的價格降低了一半。投資者對代幣的長期增長潛力持懷疑態度，因為它面臨著緩慢的發展，並且對新產品的關注有限。

So should investors keep chasing XRP at these levels and avoid Shiba Inu? Let’s review these two volatile cryptocurrencies and see which one is a better buy.

那麼，投資者是否應該繼續以這些水平追逐XRP並避免shiba inu？讓我們回顧一下這兩種揮發性的加密貨幣，看看哪個是更好的購買。

Shiba Inu is a token that was launched on the Ethereum blockchain in 2020. Ethereum was originally a proof-of-work blockchain, but it transitioned to the more energy-efficient proof-of-stake mechanism in 2022.

Shiba Inu是一個令牌，該令牌是在2020年在以太坊區塊鏈上發射的。

As a PoS blockchain, Ethereum supports smart contracts, which can be used to develop decentralized apps. Its tokens can also be “staked” to earn interest-like rewards.

作為POS區塊鏈，以太坊支持智能合約，可用於開發分散應用程序。它的代幣也可以被“固定”以獲得興趣般的獎勵。

Shiba Inu is expanding that developer ecosystem with its own Layer-2 blockchain protocol Shibarium, which supports faster transactions, and its cross-chain decentralized exchange (DEX) ShibaDEX, which links its blockchain to other PoS tokens.

Shiba INU正在擴展開發人員生態系統使用其自己的2層區塊鏈協議shibarium，該協議支持更快的交易及其跨鏈分散交換（DEX）Shibadex，將其區塊鏈連接到其他POS令牌。

Shiba Inu’s developers pre-mined its entire supply of nearly 1 quadrillion tokens before its launch, but it has already burned (or taken out of circulation) more than 40% of those tokens to tighten up its supply. That’s why it’s a deflationary token.

Shiba INU的開發人員在推出之前預先解釋了其近1個四億代幣的全部供應，但它已經燃燒（或從流通中取出）超過40％的代幣來加強其供應。這就是為什麼它是溫和的令牌。

Ripple uses its blockchain to route real-time gross payments, remittance transfers, and currency exchange transactions. It launched XRP as the platform’s native cryptocurrency in 2013, and it pre-mined its entire supply of 100 billion tokens before it even started trading.

Ripple使用其區塊鏈來路由實時付款，匯款轉移和貨幣交換交易。它在2013年推出了XRP作為該平台的本地加密貨幣，並在其開始交易之前預先開采了其1000億個令牌。

Only 58 billion of those tokens are in circulation today, while the rest remain locked up in Ripple’s own escrow accounts. Ripple periodically releases those tokens to stabilize its liquidity, but that strategy makes it inflationary.

這些令牌中只有580億隻在流通，而其餘的仍然鎖定在Ripple自己的託管帳戶中。波紋會定期釋放這些代幣以穩定其流動性，但該策略使其通貨膨脹。

Originally, Ripple hoped that its payment platform’s financial clients — including Travelex Bank, Tranglo, and Sentbe — would adopt XRP instead of fiat currencies for their financial transactions. But that never happened, and Ripple’s blockchain faced obvious limitations: It could neither be used to mine other cryptocurrencies like proof-of-work (PoW) blockchains nor develop decentralized apps and tokens like proof-of-stake (PoS) blockchains.

最初，Ripple希望其支付平台的財務客戶（包括Travelex Bank，Tranglo和Sendbe）將採用XRP而不是法定貨幣進行財務交易。但這從來沒有發生過，Ripple的區塊鏈面臨明顯的局限性：它既不能用於開採其他加密貨幣，例如工作證明（POW）區塊鏈，也不可以開發分散的應用程序和諸如諸如二級證明（POS）區塊鏈的代幣。

Both of these cryptocurrencies have struggled to gain attention from institutional investors, despite the fact that several major firms filed applications with the U.S. Securities and Exchange Commission earlier this year to launch their own exchange-traded funds (ETFs) that would track the spot prices of Bitcoin and Ethereum.

這兩種加密貨幣都在努力從機構投資者的注意力中引起人們的關注，儘管事實上，幾家主要公司今年早些時候向美國證券交易委員會提出了申請，以推出自己的交易所交易資金（ETF），這些資金（ETF）將跟踪比特幣和以太坊的現貨價格。

After the SEC approved two Bitcoin futures ETFs last October, many cryptocurrency traders assumed that ETF approvals would come quickly in 2024. But to the surprise of many investors, the SEC has largely focused on approving new bond ETFs and shutting down several cryptocurrency-related lawsuits.

SEC去年10月批准了兩個比特幣期貨ETF之後，許多加密貨幣交易者認為ETF批准將在2024年迅速出現。但是令許多投資者感到驚訝的是，SEC在很大程度上集中於批准新的債券ETF並關閉了幾項與加密貨幣相關的訴訟。

As the SEC continues to review those applications, most cryptocurrency traders believe that Bitcoin and Ethereum ETFs could be approved by the fourth quarter of 2, and the first of these ETFs to be approved would likely set off a chain reaction of approvals for other cryptocurrencies.

隨著SEC繼續審查這些應用程序，大多數加密貨幣交易者認為，比特幣和以太坊ETF可以在第四季度的第四季度批准，而這些ETF中的第一個被批准的ETF可能會引發對其他加密貨幣的批准反應。

What are the biggest catalysts for XRP in 2024?

2024年XRP的最大催化劑是什麼？

In the past couple of years, XRP’s price was driven higher by the end of its regulatory challenges. The SEC’s protracted lawsuit against Ripple — which alleged its initial coin offerings were illegal sales of unregistered securities — finally ended with a slap on the wrist and a lighter-than-expected settlement.

在過去的幾年中，XRP的價格在其監管挑戰結束時提高了。 SEC針對Ripple的曠日持久的訴訟（聲稱其最初的硬幣產品是未註冊證券的非法銷售）最終以手腕的一巴掌和超過預期的解決方案結束。

After that victory, most of the major crypto trading platforms reopened trading for XRP, and several crypto firms filed to launch their own spot price ETFs for the token.

勝利之後，大多數主要加密貨幣平台都重新開放了XRP的交易，幾家加密貨幣公司申請了自己為代幣推出自己的現貨價格ETF。

If the SEC approves a few of these ETF applications, it could easily pave the way for more to follow, which could easily keep pushing up XRP’s price throughout the year.

如果SEC批准了其中一些ETF應用程序，那麼它很容易為更多的遵循鋪平道路，這很容易全年推動XRP的價格。

XRP is also being helped by the expansion of Ripple’s ecosystem. The fintech firm has been integrating Ethereum-compatible smart contracts into a new sidechain tethered to the XRP Ledger, urging investors to tokenize their real-world assets (like real estate,

XRP也可以通過Ripple的生態系統的擴展來幫助。這家金融科技公司一直在將以太坊兼容的智能合約整合到XRP Ledger的新的Sidechain中，敦促投資者對其現實世界中的資產（例如房地產，例如房地產，