Cryptocurrency Reaches $77bn Market Cap, Passing Airbnb & Uber
Isn't It Wonderful To Be Invested In Cryptocurrency?
Even in the midst of political and economic turmoil it still stays strong and continues to surprise the critics and its supporters alike. As of this morning, crypto has surpassed globalist companies Airbnb & Uber to reach a $77bn market cap!
What's The Story Behind This Success?
The main reasons behind this historic rally and success of cryptocurrency lies behind the altcoin's working to instill confidence in their investors. For example, Ripple recently gathered a huge amount of coins to store, effectively making sure that their supporters are encouraged to hold. Litecoin has adopted SegWit (Segregated Witness), an update to transaction fluidity, which has been a major issue with Bitcoin. And my personal favorite, Ethereum, has managed to shock all by landing client's like accounting giant Deloitte and car-manufacturer Toyota, and doubling in price in the last two weeks!
In conclusion, hopefully there is no one out there who still views cryptocurrency as a joke and some "magical, make-believe web money" and rather as a useful, P2P form of banking that can survive an economic collapse. There is more than meets the eye with cryptocurrency, and its only a matter of time before investors come flocking.
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Yee Haa!
What do you see as the best currencies to be in at the moment? Im thinking bitcoin should see some contraction as its had a phenomenal run, then again I didnt see etc breaking out and sold early :-(
Mistakes are what happens when we use logic no one else does.
Ethereum, Dogecoin, SBD, & Ripple