Bitcoin Forum
March 21, 2023, 08:59:02 AM *
News: Latest Bitcoin Core release: 24.0.1 [Torrent]
   Home   Help Search Login Register More  
Pages: [1]
Author Topic: Stability of the Top 10  (Read 95 times)
LuBro (OP)
Offline Offline

Activity: 210
Merit: 12

View Profile
May 15, 2018, 09:40:14 AM

Even though the Bitcoin Cash rally is over, the gap between Ripple and Bitcoin Cash is still only 19 percent. Litecoin and Cardano are only 10 percent apart. Stellar and Cardano are in a real head-to-head race and are only 6 percent apart. After all, IOTA and Tron are only 11 percent apart, as they were last week.

NEO is not out of the running yet either: Only 11 percent are between NEO and Tron.

The "rear places" are still very competitive, although the gap is not as close as last week.

Winners and losers in a price crash on average, all crypto currencies have fallen by ten percent. Most of the crypto currencies have performed about as well or as badly as Bitcoin. The situation looks better for the Top 100: Share prices here fell by an average of 6 percent.

The token of the Kik-Messenger KIN could almost double its course. The announcement to launch a free crypto currency based on Stellar seemed to have pleased many. However, Bytecoin and Dentacoin also recorded price increases of over 50 percent. In the case of bytecoin, this is primarily due to the listing on Binance. The losers of the week are Ethereum Classic, DigixDAO and Waykichain, whose prices have fallen by about a quarter.

Overall, 58 percent of the top 100 crypto currencies perform worse than Bitcoin. Accordingly, Bitcoin's market share remained almost constant at 36.6 percent.

Right now the market is going up again with a Market Cap of $406.983.271.081. Some more green numbers can be seen at the moment.
Nothing really has changed in the structure of the Top 10. As in the last week, you should not take a long position, but mostly wait for a possible overcoming of the resistances or a bounce at the support. Similarly, with regard to a short position, one should wait for the support to break through or bounce off at a resistance.

What do you think about new coins, some with use-cases, that can withstand the market and are not one here for Ponzi schemes, Dump'n Dump, etc.?
I personally got 3 as I think promising coins for the next time, but I wanna hear more thought from you about Lympo, a blockchain based healthy lifestyle ecosystem powered by user-generated and user-controlled sports and wellness data aiming the sports and fitness industry. Would that be a huge deal for cryptocurrencies?
Would that be one coin to reach the top 100 at least or are there other ones where you think things could go high up on the basis, of course, of a real benefit for the industry, not as described above.
Pages: [1]
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!