Topic: Altcoins, exceeding BTC growth in 2019 - page 4. (Read 795 times)
It happens every year with random altcoins but none of the altcoins are managed to get the regular growth of that value every year that is what makes the bitcoin to be stand out among all those altcoins even when the growth is less.
When we talk about growth, I am afraid of dying of most altcoins. I think the next stop of BTC is getting rid of all the coins that has no utility at all and not used in something. Even if its just an altcoin on some small casino if it is used its great but if its not tied to anywhere they will go.
For example, we all know ethereum is used for ICO right? And dapps? That means it is used, for example BNB is used in the exchange right ? EOS for casinos and dapp, NEO for another ICO system and there are plenty of other stuff as well. If it is used like that for something it will stay and gain momentum however if it is not used anywhere and only a coin that people trade and thats it, has no utility than it will definitely start to die slowly, people have coins that has some use for it, why keep buying coins that have no use at all?
For example, we all know ethereum is used for ICO right? And dapps? That means it is used, for example BNB is used in the exchange right ? EOS for casinos and dapp, NEO for another ICO system and there are plenty of other stuff as well. If it is used like that for something it will stay and gain momentum however if it is not used anywhere and only a coin that people trade and thats it, has no utility than it will definitely start to die slowly, people have coins that has some use for it, why keep buying coins that have no use at all?
Matic is the top lottery coin this year. Very low market cap that drives it price crazy. Top coins will have hard time for larger growth for sure.
That might just be the start of the altcoin bull run after we've experience the BITCOIN spike now. Well, I can say, people will now going to see the potential of these altcoins as they have no way of entering the bitcoin wave right now. And the good thing is that, adoption would be possible as this season will going to be just like 2017 december again.
this suggests that some altcoins are no longer dependent on bitcoin, as it is traditionally believed and show significant growth, I would like them to show the dynamics of growth when the market is in the red zone.
I suspect a few more alts will hoin that list this year. BTC is leading the market recovery, as it usually does. What tends to happen once BTC slows down is that alts accelerate upwards and outpace BTC. Of course this doesn't mean everyone should sell their BTC for alts... because there is more risk with alts, some will outperform BTC and some won't.
Growth in dollars for 2019:
14. Ontology (ONT) - 138.22%
13. OKB (OKB) - 143.18%
12. Augur (REP) - 162.82%
11. EOS (EOS) - 167.88%
10: Bitcoin Cash (BCH) - 168.49%
9: Basic Attention Token (BAT) - 170.74%
8: Crypto.com Chain (CRO) - 237.52%
7: BitTorrent Token (BTT) - 240.99%
6: Tezos (XTZ) - 242.57%
5: Litecoin (LTC) - 267.78%
4: Chainlink (LINK) - 312.9%
3: Raven Coin (RVN) - 318.02%
2: Holo Chain (HOT) - 375.27%
1. Binance Coin (BNB) - 476.10%
A source
https://cryptonews.net/ru/155959/
14. Ontology (ONT) - 138.22%
13. OKB (OKB) - 143.18%
12. Augur (REP) - 162.82%
11. EOS (EOS) - 167.88%
10: Bitcoin Cash (BCH) - 168.49%
9: Basic Attention Token (BAT) - 170.74%
8: Crypto.com Chain (CRO) - 237.52%
7: BitTorrent Token (BTT) - 240.99%
6: Tezos (XTZ) - 242.57%
5: Litecoin (LTC) - 267.78%
4: Chainlink (LINK) - 312.9%
3: Raven Coin (RVN) - 318.02%
2: Holo Chain (HOT) - 375.27%
1. Binance Coin (BNB) - 476.10%
A source
https://cryptonews.net/ru/155959/
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