Will Litecoin Surpass Ethereum in Terms of Market Cap
Will Litecoin ever be able to surpass Ethereum when it comes to market capitalization? Ethereum is now the second largest cryptocurrency after bitcoin in terms of market cap. It dislodged Litecoin from its previous position to take up the top spot among altcoins. As the demand for Ether, the cryptocurrency used by Ethereum protocol increases, there are a lot of questions about its future and comparison with other digital currencies floating around. If we have to compare Ethereum with Litecoin, one can find few similarities and enough differences. What makes this discussion even more....
Related News
Litecoin is the second most popular cryptocurrency after Bitcoin. Litecoin's advantages over Bitcoin include its faster block confirmation times and scrypt hashing algorithm (to prevent ASIC mining). But will Litecoin ever see the massive success Bitcoin has seen and maybe even surpass it? Here's what Litecoin creator Charles Lee has to say on the matter.
Ethereum Miners Continue To Surpass Bitcoin Miners In Revenue Ethereum miners continue to outpace bitcoin miners in terms of revenue. The second-largest cryptocurrency by market cap has now proven that it is a better bet when it comes to crypto mining, making it a more profitable venture for miners. At various times in the past, […]
The crypto market is a confusing space. Not only do investors need to pay careful attention to Bitcoin market cycles driving the overall sentiment, but also to the relationship between BTC and altcoins like Ethereum and Litecoin. As two of the top altcoins with the most longevity in the market, Ethereum and Litecoin can be […]
Litecoin price is gaining momentum above $62.00 against the US Dollar. LTC is likely to continue higher (similar to bitcoin), and it could even break the $65.00 resistance in the near term. Litecoin formed a strong support base near $57.00 and started a fresh increase against the US Dollar. The price is now trading nicely […]
The eighth-largest cryptocurrency, Cardano (ADA), has shown some indications of life during the last two weeks. The network’s minor improvements were what actually encouraged investors’ hope. After that, Cardano must work even harder to surpass $4 and catch up to Ethereum in terms of market capitalization. According to CoinGecko’s data, ADA is now trading at about $0.48 with a 7-day gain of almost 5%. So, without a doubt, the network requires a lot of support if it wants to move the token beyond the $4 threshold successfully. Related Readings | Bitcoin Drops Below....