I don't understand why people invested in Tether when Ethereum has been the most consistent since December. When Things are looking bad, I personally put my money in Ethereum to reduce profit lost.
Ethereum is (the native currency of the Ethereum network) Bitcoin dominance is at an all-time low of just under 40 percent. This is due in no small measure to the meteoric rise of the Ethereum cryptocurrency. According to CoinMarketCap, the market capitalization of Ethereum which is currently at $108 Billion is greater than half of Bitcoin which stands at $171 Billion. To get an idea of how big a deal this is, for a long time, Bitcoin used to have a greater than 50 percent dominance of the market. This means that Bitcoin’s market share was greater than all other coins put together. Now, Ethereum is past the halfway point of Bitcoin’s market share. Bitcoin is down 51% and still looking at a bear market.
Many ICOs were launched in 2017, some of these tokens are now being listed on many crypto exchange services. Which created ERC-20 Tokens. Any appreciable growth in these tokens reflects positively on both the price and the market cap of Ethereum. EOS, the highest grossing ICO to date is listed as the 13th most valuable cryptocurrency with a market cap of $7 Billion and a price of $11. As the stock of EOS and all other Ethereum-based cryptos begin to rise, it is sure to have a positive effect on Ethereum. As a consequence, Ethereum could very well even hit $5,000. On the basis of the sheer volume of projects that are running on its blockchain and the solutions these projects provide across the entire business process, the growth of Ethereum seems limitless.
Be Caution As Always
The fact that so many active projects run on the Ethereum network is both an advantage and a disadvantage. As the number of users on the network begins to expand, the quintessential blockchain conundrum of scalability becomes an issue. Unless Ethereum is able to come up with a creative way around this issue then it will most likely suffer the inevitable resolution of all scalability related conflicts — hard forks.
OVERALL
The #1 pick as of now is Ethereum.
Current Buy and sell orders
