Bitcoin is now one of the most popular cryptocurrency with its huge rise, but has gained numerous rivals. Despite so much rivalry, Bitcoin's $242 billion market capitalization has meant none of the Cryptocurrency giants can match Bitcoin.
The number 1 cryptocurrency happens to be Ripple
which had a 36,000 percent rise in 2017. Making use of Ripple's
technology framework, is not equivalent to adopting the currency, which
makes Ripple's rise as speculative, as Said by Alexandre David, sector
specialist Eureka Certification's founder. Forbes quotes that Larsen of
Ripples, took over Facebook founder Mark Zuckerberg's position of the fifth
wealthiest in the US, early 2018.
Another important crypto seems to be Ether, based on Ethereum protocol created by a 19-year old , branded as promising one. Cardano reached 15 billion euros only after 3 months of initiation. Cryptocurrencies like Monero, guarantee anonymity, while Litecoin focuses on speeding and confirmation of transactions. It must be noted that Legendary Warren Buffett had earlier quoted that cryptocurrencies will have a bad ending, further adding that he'd never invest on them.
