Well the markets have been a crazy ride the past few days, a lot of money has been lost, and I reckon that even more has been made.
Currently the number three spot on the list of cryptos accoridng to total market cap is Ripple (XRP), but Litecoin as I am sure we are all aware has seen a massive surge in popularity. Although Litecoin is still a third of the market cap of XRP., it has done double to trading volume in the last 24 hours.
This all of course leads us to question how long will Ripple be number 3 for?
While it is impossible to give an exact time frame I can see this happening in the near future, unless we see a massive take off for Ripple, but honestly I see Litecoin going places. Perhaps it even has the potential to unseat Ethereum someday, but let's not get ahead of ourselves.
The reason that I believe Litecoin will take over is that it is a superior coin for consumers. Ripple has one function, bank exchanges which gives it value, I am holding XRP, but if we want to see an everyday use coin which people can get use and pay for things with it is going to be LTC!
So what is the take away here? Get as much LTC as you can! And HOLD!!!
There are 3 ways to get it.
- 1 trade other currencies for it on the open market
- 2 buy as ASIC an mine it
- 3 Cloud mine it with Genesis (auto trade from another plan)
So what are you waiting for? Start piling it up!
If you found this useful and are planning on doing any upgrades on Genesis I would really appreciate it is you use my promo code to get your %3 discount.
Promo Code: nBiS6j