Challenge for dominance!
This morning Ethereum has again passed Ripple, returning to be the second cryptocurrency by market capitalization, we try to analyze together what are the reasons for this momentary overtaking. Tutto questo possiamoriassumerlo in due punti principali: 1) Ripple downhill after the refusal of treatment by Coinbase. If you look at the chart the reduction in value was immediate, but seemed absorbed. In reality, in my opinion, the speculative illusion on the centralized currency has fallen. A lot of people have entered Ripple on the wave of fake news, as we said previously, and now they are running away, closing all their previously open positions. 2) However, Ethereum is a good project and smart contracts are actually the future. After a gray moment we return to talk about it, even with the approach of the hard fork. Ethereum, however, remains the most widespread and has more projects in progress. Then there were rumors of a future on ETH that may have given a further boost, but this is not yet certain. Personally I think positive that ETH is back to being the second crypt, because it means that the market begins to appreciate serious projects and with an almost certain future. I hope that these reflections can be of help to you, let's hear from you soon, my dear friends!
Ohh really wow I have not been paying as much attention to alts as I should but I think K ethereum is primed for massive gains in the near future they have really good fundamentals and that's what I like to see as an investor.
Just as I think it, in the last period you are seeing in the limelight many projects that have little substance, but in the future that awaits us only those who have the strength to resist will continue to move forward! Come on all!