XRP（加密：XRP）和Shiba Inu（加密：Shib）在过去的12个月中朝相反的方向发展。

XRP是波纹区块链的本地加密货币，由于它克服了最大的监管挑战，因此猛增了约280％。

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

在一个充满加密货币选项的世界中，很难通过最好的代币进行排序以放入您的投资组合中。

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.

通过噪声过滤的一种方法是检查给定时间段内两个令牌之间的性能差。如果一个令牌的表现极高，则可能表明一个人在投资者中受到青睐，而另一个代币则被卖掉了。

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.

在过去的12个月中，朝着截然不同的方向走的两个令牌是XRP（Crypto：XRP），Ripple区块链的本机加密货币和Shiba Inu（加密：SHIB），这是一个以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是第七大加密货币，由于克服了其最大的监管挑战，并宣布了几种新产品和合作伙伴关系，因此飙升了约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大加密货币什巴·伊努（Shiba Inu）的价格降低了一半。投资者对代币的长期增长潜力持怀疑态度，因为它面临着缓慢的发展，并且对新产品的关注有限。

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.

那么，投资者是否应该继续以这些水平追逐XRP并避免shiba inu？让我们回顾一下这两种挥发性的加密货币，看看哪个是更好的购买。

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是一个令牌，该令牌是在2020年在以太坊区块链上发射的。

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.

作为POS区块链，以太坊支持智能合约，可用于开发分散应用程序。它的代币也可以被“固定”以获得兴趣般的奖励。

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正在扩展开发人员生态系统使用其自己的2层区块链协议shibarium，该协议支持更快的交易及其跨链分散交换（DEX）Shibadex，将其区块链连接到其他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的开发人员在推出之前预先解释了其近1个四亿代币的全部供应，但它已经燃烧（或从流通中取出）超过40％的代币来加强其供应。这就是为什么它是温和的令牌。

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使用其区块链来路由实时付款，汇款转移和货币交换交易。它在2013年推出了XRP作为该平台的本地加密货币，并在其开始交易之前预先开采了其1000亿个令牌。

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.

这些令牌中只有580亿只在流通，而其余的仍然锁定在Ripple自己的托管帐户中。波纹会定期释放这些代币以稳定其流动性，但该策略使其通货膨胀。

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希望其支付平台的财务客户（包括Travelex Bank，Tranglo和Sendbe）将采用XRP而不是法定货币进行财务交易。但这从来没有发生过，Ripple的区块链面临明显的局限性：它既不能用于开采其他加密货币，例如工作证明（POW）区块链，也不可以开发分散的应用程序和诸如诸如二级证明（POS）区块链的代币。

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.

这两种加密货币都在努力从机构投资者的注意力中引起人们的关注，尽管事实上，几家主要公司今年早些时候向美国证券交易委员会提出了申请，以推出自己的交易所交易资金（ETF），这些资金（ETF）将跟踪比特币和以太坊的现货价格。

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月批准了两个比特币期货ETF之后，许多加密货币交易者认为ETF批准将在2024年迅速出现。但是令许多投资者感到惊讶的是，SEC在很大程度上集中于批准新的债券ETF并关闭了几项与加密货币相关的诉讼。

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.

随着SEC继续审查这些应用程序，大多数加密货币交易者认为，比特币和以太坊ETF可以在第四季度的第四季度批准，而这些ETF中的第一个被批准的ETF可能会引发对其他加密货币的批准反应。

What are the biggest catalysts for XRP in 2024?

2024年XRP的最大催化剂是什么？

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.

在过去的几年中，XRP的价格在其监管挑战结束时提高了。 SEC针对Ripple的旷日持久的诉讼（声称其最初的硬币产品是未注册证券的非法销售）最终以手腕的一巴掌和超过预期的解决方案结束。

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.

胜利之后，大多数主要加密货币平台都重新开放了XRP的交易，几家加密货币公司申请了自己为代币推出自己的现货价格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应用程序，那么它很容易为更多的遵循铺平道路，这很容易全年推动XRP的价格。

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也可以通过Ripple的生态系统的扩展来帮助。这家金融科技公司一直在将以太坊兼容的智能合约整合到XRP Ledger的新的Sidechain中，敦促投资者对其现实世界中的资产（例如房地产，例如房地产，