Ethereum has been seen as Bitcoin’s little brother for quite some time now, but that might change pretty quickly. It initially released back in 2015, and the price has steadily risen over the years. It originally started pretty low around just one dollar in 2015, but in the past month the cryptocurrency has skyrocketed up over $1,200. If you bought Ethereum even just a year ago, you’re looking at a nice payday.
The market cap for Ethereum is just around half of what Bitcoin’s is, and it seems like it will keep climbing. Things are looking up for Ether, and it should be a great buy heading into early 2018.
Just a month ago Ripple was under a quarter. Now it’s over $2.20 and it was just around $3.50 a week ago. The market is already proving to be volatile, but the third biggest market cap belongs to Ripple at $86,905,073,201.
To put Ripple’s abundance in perspective, there is an estimated circulating supply of 16,792,312 Bitcoin, and an estimated supply of 38,739,144,847 Ripple. Because of this, Ripple will never hit a $15,000 mark like Bitcoin did, but something like $50 a coin is completely realistic.
Litecoin has been called “Bitcoin-Lite” or “The silver to Bitcoin’s gold” by many people. Not only is Litecoin very similar to Bitcoin, but the coin even has a known creator.
Charlie Lee created Litecoin back in 2011, and the value has steadily increased ever since. Litecoin was made with one goal in mind: speed. The speed of the transactions and lower fees make it a coveted coin in the cryptocurrency world, and tons of big names are already beginning to accept it as a currency. The coin went from around $79 to $250 in just a few months.
Cryptocurrency is becoming more and more popular, but which one should you buy?