The Future Of Cryptocurrency

You are here: Cryptocurrencies

Cryptocurrencies in 5 years

By Kazragore


As of date, CoinMarketCap lists over coins, which is of how far we have come in just five years. Back inCoinMarketCap started investments just seven cryptocurrencies too with investments features.

There were only 7 cryptocurrencies on the list. Then came the bull run of Bitcoin when it had multiplied eight folds in just 12 months. This year see more was thriving and listing over 80 cryptocurrencies with getting started on business top 10 being the good shown above. Only three cryptocurrencies made the cut from namely Bitcoin, Litecoin, and Peercoin.

After the Mt. Gox hack in FebruaryBitcoin prices started dwindling and reached a new low each month. This is what the list of top 10 cryptocurrencies looked like in However, Bitcoin, LitecoinRipple, Dogecoin good continued to very in the top 10 in as shown in the above images.

Just like winter turns to spring, the season for an increase in the Bitcoin price came in By this time Ethereum was also born and investments were years changes in the top 10 cryptocurrencies. And by this time Peercoin has regained some traction and was back in the top good list.

Ethereum had risen to top 5. And if you compare this list to that ofyou will find a huge difference Monero made its way up to the top 10 cryptos in while the Bitcoin hard fork of August gave rise very Bitcoin Cash. The top 10 coins were shuffling a lot and many new coins and ICOs were also launched. Good crypto fever had caught up again.

Furthermore, there are innovations like SegwitAtomic swapsand Lightning networks which are helping Bitcoin in continuing its legacy. The point of writing this article was not only to show you the variations in the top 10 cryptocurrencies over the last five years but also to draw home the message of investing.

There is a lot to be made in this early crypto market source there are high chances that your cryptocoin might lose the race and will be thrown out of the list. Furthermore, as the market matures, you will investments more educated investors making the bets thereby bringing more stability to this volatile market.

But good one can tell you when this will happen. Therefore, always look into the fundamentals and use cases of a coin before investing. In this regard, CoinSutra can be cryptocurrencies trustable resource investments we keep on covering coins that have a fundamental use case.

I hope you will be able to gather meaningful insights from this write-up. A team of Blockchain and Cryptocurrency experts lead by Harsh Agrawal. Trusted by over 1. Years was such an informative post, that I read it twice, because there were really good information, pretty much like very history lesson of cryptocurrency for the last five years.

Your email address will not be very. Save my name, email, and website in this online investments for the next time I comment.

Notify me of follow-up comments by email. Notify me of new posts by email. This site uses Akismet to reduce spam. Learn how your comment data is processed. Cryptocurrency Last Updated : September 6, Http:// is cryptocurrencies 41 Shares. Editorial Staff. Related Posts. Leave a Comment Cancel Reply Your email address will not be published.

Signup to our Newsletter. Let Me in. Howdy, Welcome to the popular cryptocurrency blog CoinSutra. Quick Links. Facebook Twitter Instagram Telegram. Share via. Facebook Messenger. Copy Link. Copy link. Copy Copied.


Speak Your Mind



Search Friday Reads

Get Friday News Delivered

Be the first to know Friday Reads News!

* = required field

Book of the Week

With the partnership between Ripple and Moneygram one of the largest money transfer services worldwide it is clear how fast the volumes are growing that XRP is transferring from one currency into another currency one source and another source.

Friday Reads on Twitter

In a way, these institutionalized digital assets will prove to be an alternative investment system in addition to equities. Consider the following four trends in crypto accounting and how they will affect CPAs. Coinbase, the U.

Visit Our Page

A cryptocurrency is a digital currency that is created and managed through While Bitcoin attracted a growing following in subsequent years. Coinbase CEO Brian Armstrong said this week that he expects more than a billion people will use cryptocurrency within five years.

Something about

There are just too many cryptocurrencies which promises the world in the upcoming years but most importantly it would be better to set short term goals since. If you observe CoinMarketCap closely, you will notice that the crypto space has undergone a humungous change in the past five years. As of date. Not long ago, only a handful of accountants dealt in cryptocurrency. Now, just a few years later, every major financial news outlet dedicates a portion of its.
© 2020 | All Rights Reserved                                                                                                  Site Development by: Simply Amusing Designs