While Bitcoin is being stable around $16500 all the other top coins like ETH, DASH, LTC, XRP, BCH, XMR are skyrocketing within a short time.
Does this mean that investors are moving towards the large cap coins ? Which coin have you invested in ?
I had an eye on Ethereum and it has reached $750 while DASH has conquered the $950 . Will both DASH and ETH cross $1000 within this year ?
XRP has crosed $0.5 , will it hit the $1 within this year ? Drop your comments below.
Does it mean that every single investor is moving towards the larg ecap cryptocurrencies? Absolutely not. For example raiblocks got pumped real hard recently and the price has more than doubled in a day today, and that is considered to be a small cap crypto.
These coins have just been dumped for the purposes of bitcoin going up, and now they are making a comeback, that is all.
Pumps will happen and dumps will happen as well - just a natural thing in cryptocurrency markets. I expect to see corrections for LTC and XRP very soon, though. I dont' feel like they should be that high up at all.